Lan 'Gloria' Xiao
Responds Quickly
RE/MAX ELITE REALTY
(562) 600-8264
117 Total Sales
1 in Westlake
$407,000 Price
501 Loma Dr Los Angeles, CA 90017
Westlake Neighborhood
7
Beds
7
Baths
5,237
Sq Ft
8,333
Sq Ft Lot
About This Home
As of August 2020Major price reduction of $190,000. The new asking price is $1,300,000. 501 South Loma Drive is a 7-unit multifamily property. Built in 1939, the property was constructed of low-density pre-war style architecture with a two-story, walk-up structure with plenty of character. Units offer walk-in closets, hardwood floors, built-in cabinetry and large windows. All units have private garages, and most have front and rear entrances. The unit-mix contains six one-bedrooms with one-bathroom and one unit that is a one-bedroom with one-bathroom and a den that features French doors off a large balcony. All units are individually metered for gas and electricity. Two units to be delivered vacant at close-of-escrow. A very early-stage project for 36-units was started. The property location is ideally zoned LAR4 and situated in a Transit Oriented Communities (TOC) Tier 3 zone. Buyer to perform their own due diligence and investigations into this investment offering.
Last Agent to Sell the Property
Brent Sprenkle
Berkadia License #01290116 Listed on: 03/26/2020
Last Buyer's Agent
Brent Sprenkle
Berkadia License #01290116 Listed on: 03/26/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1939
Lot Details
- 8,333 Sq Ft Lot
Parking
- 7 Car Garage
Interior Spaces
- 5,237 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Community Details
- 7 Units
Listing and Financial Details
- Assessor Parcel Number 5153-006-013
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 26, 2020
Closed on
Jul 16, 2020
Sold by
Bought by
Seller's Agent
Brent Sprenkle
Berkadia
Buyer's Agent
Brent Sprenkle
Berkadia
List Price
$1,490,000
Sold Price
$1,220,000
Premium/Discount to List
-$270,000
-18.12%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,000
Interest Rate
3.1%
Mortgage Type
Construction
Purchase Details
Closed on
Feb 26, 2019
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,116,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 3, 2014
Closed on
May 29, 2015
Sold by
Bought by
Seller's Agent
Sonny Tan
Pinnacle Real Estate Group
Buyer's Agent
David Hay
Golden Shield Mortgage, Inc.
List Price
$999,990
Sold Price
$975,000
Premium/Discount to List
-$24,990
-2.5%
Purchase Details
Listed on
Sep 11, 2013
Closed on
Sep 17, 2013
Sold by
Bought by
Seller's Agent
Thad Doyka
Thad Doyka
Buyer's Agent
Sonny Tan
List Price
$895,000
Sold Price
$895,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Purchase Details
Closed on
Jul 16, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.36%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westlake, CA
-
Lan 'Gloria' Xiao
-
Bong Sung
Bong Sung
Mega Realty
(323) 831-8559
24 Total Sales
2 in Westlake
$370K - $720K Price Range
-
L'mar Kojani
L'mar Kojani
Keller Williams Realty
(424) 345-1217
45 Total Sales
1 in Westlake
$555,000 Price
-
Julia Jae
Julia Jae
Responds QuicklyDream Realty & Investments Inc
(626) 314-6250
22 Total Sales
1 in Westlake
$529,900 Price
-
Ken Sisson
Ken Sisson
Responds QuicklyChristie's International Real Estate SoCal
(424) 373-6518
32 Total Sales
1 in Westlake
$560,000 Price
-
Karla Telleria
Karla Telleria
Keller Williams Realty
(424) 393-2593
45 Total Sales
1 in Westlake
$1,220,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,220,000 | First American Title | ||
| $1,395,000 | First American Title Ins Co | ||
| $975,000 | Old Republic Title Company | ||
| $895,008 | Fidelity National Title Co | ||
| -- | Fidelity Van Nuys |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $760,000 | ||
| Closed | $732,000 | ||
| Previous Owner | $1,116,000 | ||
| Previous Owner | $420,000 | ||
| Previous Owner | $300,000 | ||
| Previous Owner | $412,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/06/2020 08/06/20 | Sold | $1,220,000 | -6.2% | $233 / Sq Ft | |
| 06/22/2020 06/22/20 | Pending | -- | -- | -- | |
| 06/04/2020 06/04/20 | Price Changed | $1,300,000 | -12.8% | $248 / Sq Ft | |
| 03/26/2020 03/26/20 | For Sale | $1,490,000 | +5.6% | $285 / Sq Ft | |
| 05/14/2019 05/14/19 | Sold | $1,410,900 | +1.1% | $269 / Sq Ft | View Prior Sale |
| 01/15/2019 01/15/19 | Pending | -- | -- | -- | |
| 11/30/2018 11/30/18 | For Sale | $1,395,000 | +43.1% | $266 / Sq Ft | |
| 06/08/2015 06/08/15 | Sold | $975,000 | -2.5% | $186 / Sq Ft | View Prior Sale |
| 05/14/2015 05/14/15 | Pending | -- | -- | -- | |
| 10/03/2014 10/03/14 | For Sale | $999,990 | +11.7% | $191 / Sq Ft | |
| 10/11/2013 10/11/13 | Sold | $895,000 | 0.0% | $171 / Sq Ft | View Prior Sale |
| 10/11/2013 10/11/13 | Sold | $895,000 | 0.0% | $171 / Sq Ft | View Prior Sale |
| 09/13/2013 09/13/13 | Pending | -- | -- | -- | |
| 09/13/2013 09/13/13 | Pending | -- | -- | -- | |
| 09/11/2013 09/11/13 | For Sale | $895,000 | 0.0% | $171 / Sq Ft | |
| 08/19/2013 08/19/13 | For Sale | $895,000 | -- | $171 / Sq Ft |
Source: The MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,846 | $1,320,564 | $530,390 | $790,174 |
| 2024 | $16,659 | $1,294,672 | $519,991 | $774,681 |
| 2023 | $16,354 | $1,269,288 | $509,796 | $759,492 |
| 2022 | $15,629 | $1,244,400 | $499,800 | $744,600 |
| 2021 | $15,421 | $1,220,000 | $490,000 | $730,000 |
| 2020 | $18,165 | $1,423,100 | $847,620 | $575,480 |
| 2019 | $13,424 | $1,050,653 | $735,856 | $314,797 |
| 2018 | $13,288 | $1,030,057 | $721,428 | $308,629 |
| 2016 | $12,644 | $989,868 | $693,415 | $296,453 |
| 2015 | $11,728 | $912,882 | $611,988 | $300,894 |
| 2014 | $11,808 | $895,000 | $600,000 | $295,000 |
Source: Public Records
Agents Affiliated with this Home
-
B
Seller's Agent in 2020
Brent Sprenkle
Berkadia
-
Sonny Tan
S
Seller's Agent in 2015
Sonny Tan
Pinnacle Real Estate Group
(626) 584-6300
37 Total Sales
-
David Hay
D
Buyer's Agent in 2015
David Hay
Golden Shield Mortgage, Inc.
(702) 443-1151
-
Thad Doyka
T
Seller's Agent in 2013
Thad Doyka
Thad Doyka
(310) 318-0042
Map
Source: The MLS
MLS Number: 20-567060
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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