Multifamily Property for Sale in West Hollywood, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: West Hollywood, CA 90048

Description

Marcus & Millichap is very pleased to exclusively present 561 N. Sweetzer Avenue, 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 $3,290,000, this property 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 an upscale residential pocket 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. Investment Highlights: • Prime Corner Location at Sweetzer & Clinton in an affluent, quiet residential enclave • Irreplaceable West Hollywood Address 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 neighborhood

Market Context

This multifamily in West Hollywood, CA is listed for sale. It is offered at an approximate 4.5% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 68 days. Compare it against other multifamily listings for sale in West Hollywood, CA — <a href="/search/sale/multifamily/california/west-hollywood">view the full market</a>.

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