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9-Unit Apartment Building
For Sale
$2,500,000

937 Hilldale Ave, West Hollywood, CA 90069

Residential Income, West Hollywood, CA

Property Size7,077 SF
Lot Size0.16 Acres
Price / SF$353.26
Days on Market119

Property Features for 937 Hilldale Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning WDR2*
Bedrooms 11
Bathrooms 9
Full bathrooms 2
Rooms Bedroom 8, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 8, Bathroom 1, Bedroom 5, Bedroom 4, Bathroom 4, Bedroom 10, Bathroom 7, Bathroom 5, Bedroom 3, Bedroom 11, Bathroom 9, Bedroom 9, Bedroom 7
Parking 5
Parking features Tandem
Directions Located at the end of a cul-de-sac neighboring West Hollywood Elementary School, 937 Hilldale is minutes from the heart of Sunset Blvd. and Santa Monica Blvd.
Subdivision West Hollywood Vicinity
Standard status Active
APN 4340-005-010
Size 7,077 SF
Lot size 0.16 Acres

Utilities

Cooling system Wall/Window Unit(s)

Building Details

Year built 1957
Floors in Building 2
Number of units 9
Listing Agency: Compass
Listed By: Kenny Stevens · License #01090251
Added: Jun 12 Changed: Oct 5 Last Checked: Oct 8 at 3:06AM
MLS# 26847091

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 9-unit apartment property was built in 1957 and contains two 2-bedroom, 1-bathroom residences and seven 1-bedroom, 1-bathroom residences. Five units have been renovated. Building work includes a soft-story retrofit, roof replacement, and new windows. Wall/window cooling and tandem parking are also listed. The property measures 7,077 square feet on a 0.1611-acre lot and is zoned WDR2*.

The address is on Hilldale Avenue in West Hollywood. Sunset Boulevard and Doheny Drive are nearby, with the Sunset Strip, Santa Monica Boulevard, Melrose, the Pacific Design Center, Beverly Center, and Beverly Hills also identified in the property information.

Key Highlights

  • 9 apartments with a mix of two 2‑bedroom/1‑bath units and seven 1‑bedroom/1‑bath units
  • 7,077 square feet on a 0.1611‑acre lot
  • Soft‑story retrofit completed; roof and windows replaced

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$113,875
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,277,500 $2.3M
Cap Rate 7%
$1,626,786 $1.6M
Cap Rate 9%
$1,265,278 $1.3M
Market Conditions
NOI Build-Up for 7,077 SF
Gross rent
$225.0K $31.80/SF
− Vacancy
−$18.0K −$2.54/SF
EGI
$207.0K $29.26/SF
− OpEx
−$93.2K −$13.17/SF
NOI
$113.9K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,277,500
Cap Rate 7%
$1,626,786
Cap Rate 9%
$1,265,278

Alternative Uses

Best Use
Apartment 5plus
$1.63M
$1.42M – $1.90M (±1% cap)
NOI $113,875 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.79M
$3.32M – $4.42M (±1% cap)
NOI $265,230 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Auto Repair Shop Auto Parts Store Storage Facility Grocery & Convenience Store Food Market Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

4,884
Businesses Nearby

Demographics for 90069, CA

20,584
Population
15,160
Households
1.4
Avg Household Size
44
Median Age
72%
College-Educated
97%
High-School Grad
2.2 sq mi
ZIP Area
9,356
Density / Sq Mi
$110,705
Median Household Income
$80,535
Median Earnings
$2,230
Median Rent
$1,085,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five residences have been updated, alongside building-wide structural and exterior improvements.
Where is this apartment building located?
The property is located at 937 Hilldale Ave West Hollywood, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 9 apartments with a mix of two 2‑bedroom/1‑bath units and seven 1‑bedroom/1‑bath units; 7,077 square feet on a 0.1611‑acre lot; Soft‑story retrofit completed; roof and windows replaced
More about this property
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