937 Hilldale Ave, West Hollywood, CA 90069
937 Hilldale Ave, West Hollywood, CA 90069
937 Hilldale Ave, West Hollywood, CA 90069
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$2,550,000
Est. payment /mo
11 Beds
9 Baths
7,077 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,077 sqft

Price per Sqft $360

MLS Listing ID 26847091

Bedrooms 11

Year Built 1957

Lot Size 7,017 Sqft

Property Sub-Type Multi-Family

Property Description

937 N. Hilldale Ave. brings together a Norma Triangle cul-de-sac location, completed capital improvements, and nearly 67% rental upside steps from Sunset Blvd. and Doheny Dr. Located in the heart of West Hollywood, the property places residents minutes from the Sunset Strip, Santa Monica Blvd., Melrose Ave., Melrose Pl., the Pacific Design Center, Beverly Center, and Beverly Hills. Built in 1957, the building reflects the classic LA dingbat apartment style with tuck-under parking, horizontal window lines, clean stucco massing, and a straightforward mid-century profile. The property has been owned by the same ownership for 38 years and has benefited from meaningful capital improvements, including the soft-story retrofit, new roof, new windows, and renovations to 5 of the 9 units. Those upgrades reduce near-term capital exposure and allow a buyer to focus on interior turnover, lease-up, and rent growth. The unit mix includes (2) 2-bdrm. / 1-bath units and (7) 1-bdrm. / 1-bath units, a practical configuration for renters who want West Hollywood access, a quieter residential setting, and proximity to the Sunset Strip without living directly on it. Offered at $2,550,000, or $283,333 per unit and $360 per SF, the property is priced in line with recent nearby sales on a per-unit, per-foot, and current income basis. For investors looking in West Hollywood, 937 N. Hilldale Ave. offers the pieces that matter most: a Norma Triangle address, a well-maintained 9-unit building, completed capital improvements, and a rent roll with room to grow.

Location

State CA

County Los Angeles

Area West Hollywood Vicinity

Zoning WDR2*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Other

Exterior

Parking Features Tandem

Garage Spaces 5.0

View Y/N No

View None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


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John Matukas

John Matukas

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