9-Unit Apartment
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 Market133
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
Bathroom 9, Bathroom 2, Bedroom 11, Bedroom 5, Bedroom 10, Bathroom 3, Bathroom 6, Bedroom 7, Bathroom 8, Bathroom 4, Bedroom 3, Bedroom 4, Bathroom 5, Bathroom 7, Bedroom 8, Bedroom 6, Bedroom 9, Bedroom 2, Bathroom 1, Bedroom 1
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
(310) 230-5478
Listed By:
Kenny Stevens · License #01090251
(310) 968-7005
Added: Jun 12
Changed: Oct 18
Last Checked: Oct 22 at 6:06AM
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.
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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.
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
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
NOI $265,230 @ 7.0% cap · market cap 10.61%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
4,884
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in West region
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
