725 N Sweetzer Ave, Los Angeles, CA 90069
Description:
Reduced
Los Angeles Multifamily is pleased to introduce for sale 725 N. Sweetzer, a 21 unit property 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 the affluent renter demographic. Select units have been tastefully remodeled 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.
PLEASE SEE OM FOR MOST UP TO DATE DATA
| Proposed Financing | Interest Only |
|---|---|
| Down Payment % | 35% |
| Down Payment $ | $2,362,500 |
| First Loan Amount | $4,387,500 |
| Terms | 30 |
| Interest Rate | 6% |
| Monthly Payment | $21,938 |
| Annual Debt Service | $263,250 |
| DSCR | 1.47 |
Interested?
| Metric | Est Current | Est Market |
|---|---|---|
| Price | $6,750,000 | |
| Down Payment (40%) | $2,362,500 | |
| ADU Cost | ||
| Number of Units | 21 | |
| Cost per Unit | $321,429 | |
| GRM | 10.46 | 8.52 |
| CAP | 5.74% | 7.81% |
| Year Built / Age | 1965 | |
| Approx. Lot Size | 17,004 | |
| Approx. Bldg SF | 21,864 | |
| Cost per Net RSF | $309 | |
| APN: | 5528-003-030 |
| Unit # | Type | Balcony | Move In Date | Est SF | Notes | Current 1+1 | Market Rents |
|---|---|---|---|---|---|---|---|
| 101 | 2+2 | Patio | 2/1/2014 | 1050 | Occupied | $1,982 | $3,250 |
| 102 | 3+2 | Patio | Eviction Settlement | 1050 | Eviction in Process | $3,250 | $3,250 |
| 103 | 2+2 | 2/1/2023 | 1,000 | Occupied | $2,999 | $3,250 | |
| 104 | 2+2 | 11/1/1985 | 1,000 | Occupied | $1,870 | $3,250 | |
| 105 | 1+1 | 11/1/2020 | 700 | Occupied | $1,982 | $2,650 | |
| 201 | 2+2 | Balc | 1050 | Vacant | $3,350 | $3,350 | |
| 202 | 2+2 | 3/1/2022 | 1,000 | Occupied | $2,892 | $3,250 | |
| 203 | 1+1 | 12/1/2007 | 700 | Occupied | $1,592 | $2,650 | |
| 204 | 2+2 | Balc | 1050 | Vacant | $3,350 | $3,350 | |
| 205 | 2+2 | Balc | 8/1/2013 | 1050 | Occupied | $2,427 | $3,350 |
| 206 | 2+2 | 9/1/2021 | 1,000 | Occupied | $2,575 | $3,250 | |
| 207 | 1+1 | 7/1/2024 | 700 | Occupied | $2,266 | $2,650 | |
| 208 | 2+2 | Balc | 8/1/2017 | 1050 | Occupied | $2,175 | $3,350 |
| 301 | 2+2 | Balc | Owner | 1050 | Owner to Vacate* | $3,350 | $3,350 |
| 302 | 2+2 | 9/1/2015 | 1,000 | Occupied | $2,624 | $3,250 | |
| 303 | 1+1 | 700 | Vacant | $2,650 | $2,650 | ||
| 304 | 2+2 | Balc | 1050 | Vacant | $3,350 | $3,350 | |
| 305 | 2+2 | Balc | 7/1/2022 | 1050 | Occupied | $3,090 | $3,350 |
| 306 | 2+2 | 1/1/2002 | 1,000 | Occupied | $1,886 | $3,250 | |
| 307 | 1+1 | 9/1/2001 | 700 | Occupied | $1,449 | $2,650 | |
| 308 | 2+2 | Balc | 1/1/2018 | 1050 | Occupied | $2,427 | $3,350 |
| Monthly Scheduled Rent | $53,537.53 | $72,595 | |||||
| Monthly Laundry | $250 | ||||||
| Monthly Scheduled Income | $53,787.53 | $66,050.00 | |||||
| Annual Scheduled Income | $645,450 | $792,600 |
| Est. Expenses | Explanation | Current |
|---|---|---|
| Taxes (New) | 1.25% | $84,375.00 |
| Insurance (Quote) | $30,000.00 | |
| Maintenance (Est) | 4% | $24,527.11 |
| DWP (2025) | $18,121.00 | |
| SoCalGas (2025) | $3,780.00 | |
| Licenses & Permits | $4,231.62 | |
| Off-Site Mgr.(Est) | 4% | $24,527.11 |
| On Site Mgr.(Est) | 1% | $6,131.78 |
| Elevator | $6,126.00 | |
| Trash Pickup (2025) | $11,260.00 | |
| Landscaping & Cleaning | $4,300.00 | |
| Telephone Intercom | $8,175.00 | |
| Total Expenses | $225,554.63 |
| Est Annual Operating Data | Est. Current | 45% Down | Est. Market | |
|---|---|---|---|---|
| Scheduled Gross Income | $645,450.36 | $792,600.00 | ||
| Vacancy Rate Reserve | $(32,272.52) | 5% | $(39,630.00) | 5% |
| Gross Operating Income | $613,177.84 | $752,970.00 | ||
| Expenses 1 | $(225,554.63) | 36.8% | $(225,554.63) | 30% |
| Net Operating Income | $387,623.21 | $527,415.37 | ||
| Loan Payments | $(263,250.00) | $(263,250.00) | ||
| Pre-Tax Cash Flow 2 | $124,373.21 | 5.3% | $264,165.37 | 11.2% |