Here's the police car
http://i.imgur.com/wXkHFbI.jpg?1
and here's the loot allll the way over here http://i.imgur.com/AZMj2Te.jpg
It's like a good 10-15 meters away. Crazy. And the police car is inside the house.
This happens at almost all the police car spawns I find. Most of the time the car is closer but every time the gear is floating in mid air next to the car.