Properties

West Hollywood, CA 90048 561 N Sweetzer Avenue

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Presented By: Dana Brody with Dana Brody;
  • MLS# 25626643
  • 12/08/2025
  • Get pre-approved
  • Request Tour
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  • Beds • 12
  • Baths • 2
  • SQFT • 7,550

Home Details

We are very pleased to exclusively present the rare opportunity to acquire The Sweetzer Apartments, a fantastic 9-unit multifamily investment offering, located just south of Melrose Avenue on the highly desirable corner of Sweetzer Avenue and Clinton Street, in the heart of West Hollywood. Offered at $3,190,000, 561 N. Sweetzer Avenue represents the rare chance to acquire a well-located multi-family 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. The property offers strong value-ddd opportunity through continued unit interior upgrades and common area enhancements. The property brings a very stable rent roll with long-term tenants and below-market rents providing immediate upside to future ownership. 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 Mile. The 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. Don't miss this amazing opportunity to acquire 9 apartment units in prime West Hollywood
Presented By: Dana Brody with Dana Brody;

Interior Features for 561 N Sweetzer Avenue

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths11

Other Interior Features

Heating Y/NYes
Laundry FeaturesStacked
Total Stories2

General for 561 N Sweetzer Avenue

AppliancesDishwasher, Disposal, Microwave, Oven, Range, Refrigerator
Architectural StyleMidCenturyModern
Attached Garage Yes
Buyer FinancingCash
Cap Rate4.5
Carport Y/NYes
CityWest Hollywood
CountyLos Angeles
DirectionsMelrose West to Sweetzer, turn right, SW corner of Sweetzer and Clinton
Facing DirectionNorth
Full Baths
Gross Income214188
HOANo
HeatingWallFurnace
LevelsTwo
Listing TermsCash
Living Area7550
Lot Size Square Feet5507
Lot Size UnitsSquareFeet
MLS AreaC10 - West Hollywood Vicinity
Net Operating Income143162
New ConstructionNo
Number Of Units Total9
Pool FeaturesNone
PossessionCloseOfEscrow
PostalCityLOS ANGELES
Property TypeResidentialIncome
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tenant PaysElectricity, Gas
ViewCityLights
Year Built1957
ZoningWDR3C*

Exterior for 561 N Sweetzer Avenue

Building Area Total7550
Lot Size Acres0.1264
Lot Size Area5507
Number of Buildings1
Parking FeaturesAttachedCarport
Private PoolNo
SpaNo
Total Parking8

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $3,190,000
MLS#25626643
List Date 12/08/2025
Property Type Single Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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