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561 North Sweetzer Avenue

561 North Sweetzer Avenue, Los Angeles, CA 90048
Multifamily in West Hollywood
561 North Sweetzer Avenue has been categorized by the local assessors in Los Angeles, CA as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 12 bedrooms. Residents will have access to 11 full bathrooms. There are 11 partial bathrooms in the home. In addition, 561 North Sweetzer Avenue has 7,550 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,505 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. The property was last sold in May 13, 2021 for $2,955,000. That's $391.39 per sqft. Prior to that sales transaction, the property was also sold in Nov 9, 2017 for $2,840,000. 561 North Sweetzer Avenue was last assessed in 2023. The total value of the property was assessed at $3,074,382. Specifically, the land the property is located on was valued at $2,080,800. While improvements on the property were assessed at a total of $993,582. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $37,242. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191108
11/08/2019
Studio
-
7550 ft²
$3,150,000
bedrooms
Studio
bathrooms
-
square feet
7550 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 12
  • Bathroom Count: 11
  • Full Bathrooms: 11
  • Partial Bathrooms: 11
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 9
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,505
  • Total Building Area: 7,550
  • Gross Building Area: 7,550
  • Building Area: 7,550
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 7,550
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6072
  • Land Acres: 0.126
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 6072 LOT/SEC 26 BLK/DIV/TWN 7

Ownership

  • Current Owner : 11444 LLC
  • Previous Owner : 561 SWEETZER LLC
  • Owner Before Previous Owner: SWEETZER ROSEWOOD LP
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 700400

Zoning

  • Zoning: WDR3C*

Geography

  • Assessors Map Reference: 33-E5
  • Subdivision Tract Number: 6072
  • Parcel: 5528-004-056
  • Block: 7
  • Lot: 26
  • Municipality: WEST /WEST HOLLYWOOD
  • Latitude: 34.0819
  • Longitude: -118.371

    Address

  • Full Address: 561 N Sweetzer Ave
  • Address - House Number: 561
  • Street Direction: N
  • Address - Street Name: Sweetzer
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: West Hollywood
  • Carrier Code: C056
  • 4-Digit Zip Code: 2605
  • Zip Code: 90048

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $37,242
  • Tax Rate Code Area: 01-319

    Appraisal Valuation

  • Standard Deviation: 0.1164
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 76
  • Final Value: 2,720,425
  • High Value: 3,037,243
  • Low Value: 2,403,606

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 10, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,074,382
  • Assessed Land Value: $2,080,800
  • Assessed Improvements Value: $993,582

    Sales

  • Current Sale Contract Date: May 13, 2021
  • Current Sale Recording Date: May 21, 2021
  • Current Sale Transaction ID: 11835850264
  • Current Sale Price: $2,955,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0819320
  • Previous Sale Recording Date: Nov 22, 2017
  • Previous Sale Contract Date: Nov 09, 2017
  • Previous Sale Amount: $2,840,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: CATHAY BANK
  • Previous Mortgage Transaction Date: Nov 22, 2017
  • Previous Mortgage Loan Amount: $4,920,907
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About West Hollywood



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Frequently Asked Questions

What neighborhood is 561 North Sweetzer Avenue located in?
The 561 North Sweetzer Avenue is a multifamily located in the neighborhood of West Hollywood in West Hollywood, Los Angeles.
What is the average sales price for listings in 561 North Sweetzer Avenue?
The average sales price for units in 561 North Sweetzer Avenue is $0 currently.

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