Description

The Brody Group of Marcus & Millichap is very pleased to exclusively present the opportunity to acquire The Sweetzer Apartments, an exceptional 9-unit multifamily investment opportunity located on the highly desirable corner of Sweetzer Avenue and Clinton Street in the heart of West Hollywood. Offered at $3,390,000, 561 N. Sweetzer Avenue represents a rare chance to acquire a well-located 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!