725 N Sweetzer Avenue

Offered at: $7,495,000

Year Built: 1965

Region: C10 - West Hollywood Vicinity

MLS#: 25593253

Status: Active

Property Description

Reduced Again. Seller now will consider all offers. The Property for sale, 725 N. Sweetzer, is a 21 unit apartment building in Los Angeles near the West Hollywood. Offering large unit types in a prime location with walkable retail and dining options, the building consists of an ideal unit mix of (1) 3 bedroom 2 bath unit, (15) two bedroom 2 bath units and (5) 1 bedroom 1 bath units. The property boasts strong in place cash flow with tremendous rental upside. The secure entryway, central courtyard, and 21 tuckunder parking spaces offer security and privacy to an affluent renter demographic. Select units have been tastefullyremodeled with new flooring, kitchen cabinets/countertops, bathroom vanities, shower tile, plumbing & electrical fixtures, new appliances, etc. The property size offers immediate scale and a strong foothold in one of Los Angeles most desirable submarkets.