561 N Sweetzer Avenue West Hollywood, CA $ 3,390,000
561 N Sweetzer Avenue
$ 3,390,000
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561 N Sweetzer Avenue

West Hollywood, CA, 90048
$ 3,390,000
Bedrooms12 Baths2.0 Sq 7,550

Monthly Estimate*

$ 21,149

Listed by Dana Brody
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Multi-Family Home for sale in West Hollywood, CA

for $3,390,000 with 12 bedrooms and 2 full baths. This 7,550 square foot home was built in 1957 on a lot size of 0.1264.

We are very pleased to exclusively present the rare opportunity to acquire The Sweetzer Apartments, an exceptional 9-unit multifamily investment opportunity located just south of Melrose Avenue on the highly desirable SW corner of Sweetzer Avenue and Clinton Street in the heart of West Hollywood. Offered at $3,390,000, 561 N. Sweetzer Avenue represents the rare chance to acquire a well-located mult-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. 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 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 units in prime West Hollywood!

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Multi-Family Active

Price

$ 3,390,000

Bedrooms

12

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1264

Year Built

1957

Town/City

West Hollywood

County/Region

Los Angeles

MLS | Web ID

25626643

Days on Market

14

Features
General
Living Area 7550
Heating Wall Furnace
Possession Close Of Escrow
Appliances Dishwasher Disposal Microwave Oven Range Refrigerator
Zoning WDR3C*
Architectural Style Mid-Century Modern
Pool Features None
Year Built 1957
Tenant Pays Electricity Gas
View City Lights
Stories Count 2
Levels Two
Gross Income 214188
County Los Angeles
Net Operating Income 142712
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Facing Direction North
Full Baths 0
Special Listing Conditions Standard
Status Active
Buyer Financing Cash
Directions Melrose West to Sweetzer turn right SW corner of Sweetzer and Clinton
City West Hollywood
Senior Community Y/N false
Number Of Units Total 9
MLS Area C10 - West Hollywood Vicinity
Lot Size Units Square Feet
Lot Size Square Feet 5507
Carport Y/N true
Listing Terms Cash
Spa Features None
Standard Status Active
Cap Rate 4.2
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Interior
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Stacked
Total Bedrooms 12
Total Baths 11
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Exterior
Parking Features Attached Carport
Total Parking 8
Lot Size Area 5507
Number of Buildings 1
Spa false
Building Area Total 7550
Lot Size Acres 0.1264
Private Pool false
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* Excluded Features
List By
Dana Brody

Broker

dana.brody@marcusmillichap.com

Email

Affordability Calculator

$21,149
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Monthly Principal & Interest
$21,149
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/8/2025$3,390,000 Listed Price

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561 N Sweetzer Avenue, West Hollywood, CA, 90048 is a Multi-Family Home for sale at $3,390,000 with 7,550 sqft and a lot size of 0.1264. 561 N Sweetzer Avenue has 12 bedrooms, 2.0 baths, and was built in 1957. The property's zip code is 90048 which is in West Hollywood, CA