Back to Search
Property profile & analytics
OFF-MARKET
Apartment buildings
1121 Sweetzer Ave West Hollywood, CA 90069-3088
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-7642714
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1947
Construction
WOOD
Total area
7,654 SF
Lot
0.21 ac (8,974 SF)
Zoning code
WDR4*
APN
5554-021-017
UPID
US09-7642714
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Homa Adler Trust
The Homa Adler Trust
since 2026
7 recorded transactions
Zoning & alternative use
WDR4* · West Hollywood, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs West Hollywood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Hollywood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$39,880
Tax year 2024
Assessed value
$3,148,858
Assessed 2024
Previous assessed
$3,148,858
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$2,037,091
Assessed improvement
$1,111,767
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1947
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Units
9
Bathrooms
2
Total area
7,654 SF
Lot
0.21 ac (8,974 SF)
Zoning code
WDR4*
APN
5554-021-017
UPID
US09-7642714
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WDR4* · West Hollywood, CA
Zoning WDR4* · permitted uses
WDR4* · West Hollywood, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Hollywood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1947
Construction
WOOD
Heating
NONE
Cooling
Yes
Buildings
2
Units
9
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
The Homa Adler Trust
Trust
Mailing address
10350 WILSHIRE BLVD APT #1501, LOS ANGELES, CA 90024-4734
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 11, 2026
—
The Homa Adler Trust
Sweetzer Place LLC
Grant Deed
—
May 6, 2020
—
Sweetzer Place LLC
—
Deed
related
$1,740,000 · Jpmorgan Chase Bank NA
Dec 28, 2016
—
Sweetzer Place LLC
Homa Adler
Grant Deed
$1,900,000 · Jpmorgan Chase Bank NA
Oct 1, 2013
$2,595,000
Homa Adler
Joseph Babajian
Grant Deed
$1,435,000 · Jpmorgan Chase Bank NA
Apr 6, 2007
—
1121 Sweetzer LLC
1121 Sweetzer LLC
Quit Claim Deed
related
—
Jan 9, 2007
—
1121 Sweetzer LLC
Babajian,joseph
Grant Deed
$665,000 · Joseph Babijian
Apr 13, 2006
—
Joseph Babajian
Nemiroff Fam 1997 Trust
Grant Deed
$1,200,000 · Nemiroff Fam 1997 Living Trust
Apr 21, 1998
$685,000
Nemiroff Trust
Fresco Trust
Grant Deed
$460,000 · World Savings Bank
Apr 19, 1988
$535,000
Michael A Fresco
Inter
Trustees Deed
related
$405,000 · California Federal Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1121 Sweetzer Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
