725 N Sweetzer Ave is a trophy asset located 2 blocks south of West Hollywood in the City of Los Angeles. Therefore it enjoys all the cache of West Hollywood without being in the jurisdiction. The building was built in 1965 and has mostly 2 bedroom units, with balconies, window A/C, parking for 21 cars, an elevator and security entrance. The property is very well maintained, having been owned for over 20 years by the same owner. The Property has 21 carports which could be converted to ADUs. The Cap rate and grm reflect the building at full occupancy.
Confirmed 5/1/2026 - there are now 8 confirmed vacancies by close of escrow, including the unit is being evicted. The tenant has a signed stipiulation (settlement) which is court accepted. That tenant is out on May 20
(Please note: The property has a Zinsco Electrical Panel with Federal Pacific sub-panels.)
Please contact me directly for an offering memorandum.