CA > West Hollywood
West Hollywood, CA 90048,525 N Sweetzer AVE
West Hollywood, CA 90048,525 N Sweetzer AVE
West Hollywood, CA 90048,525 N Sweetzer AVE
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$2,200,000
Est. payment /mo
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12 Beds
10 Baths
6,120 SqFt
New

525 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 6,120 sqft

Price per Sqft $359

MLS Listing ID 25617219

Bedrooms 12

HOA Y/N No

Year Built 1959

Lot Size 5,492 Sqft

Property Description

525 N Sweetzer Ave, a 6 unit apartment building located in the heart of West Hollywood, a highly desirable area in Los Angeles, California. Built in 1959, the property consists of (2) one-bedroom + one-bathroom units, (2) two-bedroom + two-bathroom units and (2) three-bedroom + two-bathroom units. The building is 6,120 gross square feet and sits on a 5,493square foot lot.Located in the heart of West Hollywood, 525 N Sweetzer Ave offers residents a vibrant and sophisticated lifestyle surrounded by some of Los Angeles' most desirable destinations. Just moments from Melrose Avenue, Beverly Grove, and the Design District, this property places tenants at the center of fashion, dining, and culture. With a Walk Score of 93, residents can easily explore local cafes, high-end boutiques, and acclaimed restaurants such as Catch LA, Cecconi's, and Croft Alley. Just minutes away, the Pacific Design Center, Beverly Center, and West Hollywood Park contribute to the area's vibrant mix of design, culture, and leisure.525 N Sweetzer Ave represents a unique value-add opportunity for investors due to the property's location and rental upside. The property offers a initial CAP rate of 5.39% with the ability to improve to a 8.24% CAP rate once units turnover.

Location

State CA

County Los Angeles

Area C10 - West Hollywood Vicinity

Zoning WDR3C*

Interior

Heating None

Cooling None

Fireplace No

Exterior

Parking Features Covered

Building

Entry Level Multi/Split

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5528004049

Special Listing Condition Standard

CRMLS – RECore
Listed by Michael Kamara Lyon Stahl Investment Real Estate, Inc.

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525 N Sweetzer AVE

 
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