The Property

A rare opportunity to own 16 units in vibrant West Hollywood. This gem 18,108 sq ft building is situated on a vast 16,741 sq ft lot just north of Santa Monica Blvd…much larger than the average for the area. Built in 1953, this well-maintained, two-story building with beautiful center courtyard, sits in a vibrant neighborhood lined with other multifamily buildings and condominiums, and is considered a prime location in one of LA’s hottest entertainment districts.

Complete with 16 on-site parking spots, a separate laundry room, and paired with exceptional curb appeal, 1265 N Sweetzer is comfortable living for any tenant and offers investors the unique opportunity to own a large property in an incredible location with significant rental upside potential.

Stats

Price $5,750,000

Year Built 1953

City West Hollywood

Sq. ft. 18,108

Units 16

Lot Size 16,741

The Result

This off-market property listed by a residential agent in our office was the first deal we closed with a Compass agent since moving over to Compass.

There were about 6 offers on the property despite not being publicly listed on the MLS or Loopnet.  Our team’s relationship with the listing agent enables us to secure the deal for out client.  We were able to make the best offer–all cash and a 7 day closing after the contingency removal.

Both the Seller and the Buyer were ecstatic over the price, and saw tons of potential value to add in addition to loving the neighborhood.

“Thank you so much for this entire experience! You found me this great deal, convinced me to hold on during the slow years, and then got me an insane price that I couldn’t refuse! I look forward to many more projects in the future.”

- Ling H

I chose to hire Kenny over the other agents because of his dedication and persistence over the years, as well as his keeping me abreast of current market trends.  I was extremely happy with the price he got us, and over all I would say his team performed brilliantly.

- 431 Marine St. (Seller)