725 N Sweetzer Ave - Apartments FOR SALE


Los Angeles, CA 90069- Beverly Grove
$6,750,000 USD
310-980-4562
725 N Sweetzer Ave, Los Angeles, CA for Sale
$6,750,000 USD
Apartments - FOR SALE
1/4
null | 5.98% Cap Rate

725 N Sweetzer Ave
Los Angeles, CA 90069
Beverly Grove


HIGHLIGHTS

  • Prime Los Angeles Location in the middle of West Hollywood
  • Large Units, Mostly 2 Bedrooms (8 have balconies)
  • Secure Access, Window A/C, Central Courtyard, Balconies, Elevator
  • Well maintained, owned over 30 years, clean balcony report, EQ Retrofit complete
  • Strong in-place cash flow with upside potential, 8 units delived vacant at COE
  • Large Lot (0.4 acres)

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$6,750,000 USD

PRICE/SF

$309 USD /SF

# OF UNITS

21

PRICE/UNIT

$321,429

CAP RATE

5.98%

% LEASED

76%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

LAR3

APN/PARCEL ID

5528-003-030

ASK ABOUT THIS PROPERTY

Peter CirielloLA CommercialMore Info
310-980-4562

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Peter CirielloLA CommercialMore Info
310-980-4562

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.