50
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$3,390,000
Est. payment /mo
12 Beds
11 Baths
7,550 SqFt
New
561 N Sweetzer AVE West Hollywood, CA 90048
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 7,550 sqft
Price per Sqft $449
MLS Listing ID 25626643
Bedrooms 12
HOA Y/N No
Year Built 1957
Property Description
The Brody Group of Marcus & Millichap is very pleased to exclusively present the opportunity to acquire The Sweetzer Apartments, an exceptional 9-unit multifamily investment opportunity located on the highly desirable corner of Sweetzer Avenue and Clinton Street in the heart of West Hollywood. Offered at $3,390,000, 561 N. Sweetzer Avenue represents a rare chance to acquire a well-located asset in one of Los Angeles' most supply-constrained and consistently high-demand rental submarkets. Set within a very upscale residential pocket of West Hollywood, characterized by tree-lined streets, luxury single-family homes, and boutique apartment buildings, the property benefits from a walkable, lifestyle-driven location just steps from Melrose Avenue and minutes from the West Hollywood Design District. The building's classic architecture, stable tenant base, and clear value-add potential combine to make this an ideal opportunity for long-term investors seeking a blue-chip asset with meaningful upside. Situated in a prime corner lot location at Sweetzer & Clinton in an affluent, quiet residential enclave, surrounded by luxury homes and premium redevelopments, walkable to Melrose Place with access to Los Angeles' top dining, fashion, and entertainment. Strong Value-Add Opportunity through unit interior upgrades and common area enhancements. Stable Rent Roll with long-term tenants and below-market rents providing immediate upside. High-Barrier-to-Entry Market with extremely limited multifamily supply and persistent demand. Minutes to Major Destinations: Design District, Beverly Center, Sunset Strip, Cedars-Sinai, The Grove. Rare Investment Opportunity: Ideal for investors seeking long-term appreciation in one of LA's most iconic neighborhoods. Five of 9 Units Have Been Remodeled: New Appliances, Flooring, Countertops, In-Unit Washer Dryers. Huge Value Add Opportunity with 4 of 9 At Below Market Rents, Significant Income Upside Potential. 561 N. Sweetzer Avenue offers a collection of nine apartment units beautifully arranged in a mid-century walk up configuration that blends charm with operational efficiency. Located on a corner lot with dual street frontage, the property offers enhanced curb appeal, natural light, and excellent exposure.The unit mix includes a combination of one, two and three bedroom residences, several of which present immediate value-add potential through interior modernization. The building is well maintained, with classic design elements and the opportunity to elevate finishes and amenities to align with the surrounding luxury residential environment. The property's manageable size, strong bones, and upside trajectory make it ideal for both experienced operators and first-time multifamily investors seeking predictable revenue with clear pathways for growth. 561 N. Sweetzer is positioned in one of West Hollywood's most coveted lifestyle neighborhoods, surrounded by high-end homes, curated retail, and some of Los Angeles' most recognizable cultural destinations. Nearby Attractions & Hot Spots: Melrose Place Alfred Coffee, Catch Steak, Nobu, The Row, CASSELLA, Violet Grey, Cucina Alba, Drake's, Craig's, West Hollywood Design District luxury showrooms, flagship fashion houses, art galleries, The Grove & Original Farmers Market, Beverly Center & Beverly Connection, Sunset Strip iconic hotels, entertainment venues, premier nightlife, Cedars-Sinai Medical Center - Ranked #1 Hospital in California, Top 10 in U.S. Major employers and creative office hubs across West Hollywood, Beverly Hills & Miracle MileThe area boasts exceptional walkability and connectivity while maintaining the quiet charm of a high-end residential pocket. This combination of access + lifestyle is what drives enduring demand and high long-term retention in the submarket. Donit miss this amazing opportunity to acquire 9 units in prime West Hollywood!
Location
State CA
County Los Angeles
Area C10 - West Hollywood Vicinity
Zoning WDR3C*
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Laundry Stacked
Exterior
Parking Features Attached Carport
Pool None
View Y/N Yes
View City Lights
Total Parking Spaces 8
Private Pool No
Building
Faces North
Story 2
Entry Level Two
Architectural Style Mid-Century Modern
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 5528004056
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Listed by Dana Brody Dana Brody
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