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    814 N Sweetzer Ave

    Los Angeles, CA 90069
    • $5,750,000
    • STATUS: Active
    • ON SITE: 44 days
    • ID#: 20-617714
    UPDATED: 70 min ago
    $5,750,000
    • 9
      BEDS
    • 0.27
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,415
      SQFT
    • $775
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1933
    County:

    School Ratings & Info

    Description

    Extremely RARE side-by-side properties available for sale walking distance to Melrose Place and Santa Monica Blvd. Build up to 23 units on an almost 12,000 sf lot on the best tree-lined block of Sweetzer Ave in Los Angeles, across the street from the Charlie Hotel in West Hollywood. 812 Sweetzer Ave features a duplex with a third "owner's unit" in the rear (3 units total). 806 Sweetzer is an identical duplex with a 4-car garage in the rear (2 units total). Total of 5 units between both properties, up to 3 units can be delivered vacant. Great "covered land" play, achieve market rents while making plans to develop the properties to their highest and best use. Or renovate and update the classic Spanish structures, currently in very good condition, to make an incredible and unique compound in the best part of the city: central to Beverly Hills, West Hollywood, the Sunset Strip, Beverly Grove, Mid-Wilshire, and Hollywood. Special blue chip two property assemblage with great potential.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T19:42:28.773. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.randyplaice.com/homes/108816820
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    814 N Sweetzer Ave Los Angeles, CA 90069

    • Price: $5,750,000
    • Status: Active
    • Updated: 70 min ago
    • ID#: 20-617714
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.27
    Acres
    7,415
    SQFT
    $775
    $/SQFT
    1933
    Built
    Neighborhood:
    West Hollywood Vicinity
    County:
    Los Angeles
    Area:
    West Hollywood Vicinity
    Property Description
    Extremely RARE side-by-side properties available for sale walking distance to Melrose Place and Santa Monica Blvd. Build up to 23 units on an almost 12,000 sf lot on the best tree-lined block of Sweetzer Ave in Los Angeles, across the street from the Charlie Hotel in West Hollywood. 812 Sweetzer Ave features a duplex with a third "owner's unit" in the rear (3 units total). 806 Sweetzer is an identical duplex with a 4-car garage in the rear (2 units total). Total of 5 units between both properties, up to 3 units can be delivered vacant. Great "covered land" play, achieve market rents while making plans to develop the properties to their highest and best use. Or renovate and update the classic Spanish structures, currently in very good condition, to make an incredible and unique compound in the best part of the city: central to Beverly Hills, West Hollywood, the Sunset Strip, Beverly Grove, Mid-Wilshire, and Hollywood. Special blue chip two property assemblage with great potential.
    Exterior Features

    Covered Parking 4 Garage Structures Total 1 Lot Size Area 11939 Other Structures None Parking Garage Garage - 4+ Car Pool Description None Pool YN No Spa None Spa YN No Style Spanish Total Parking 7

    Interior Features

    Baths Total 5.00 Cooling Wall Unit(S) Equipment DishwasherDryerWasherFreezerRange/OvenRefrigeratorGarbage Disposal Fireplace Rooms Living Room Foundation Details Raised Heating Floor Furnace Laundry In Unit

    Property Features

    Assessed Total Value 256075 Gross Income 234600 Gross Operating Income 234600 Like Units1 1 Like Units2 2 Like Units3 3 Like Units4 4 Like Units5 5 Net Operating Income 217020.00 Number Of Buildings 3 Number Of Units 5 Owner Pays Gardener Sale Type Standard Source Living Area Owner Source Lot Size Area Owner Total Annual Expense 17580 Type Of Units Residential Year Built Source Vendor Enhanced Zoning Lar3

    Listing provided courtesy of Derek Lester DRE#01921397 of Compass.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T19:42:28.773. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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