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Hollywood Apartment Building Sales

Explore 7 closed transactions totaling $18.64M in Hollywood. Data from the LAAA Team at Marcus & Millichap.

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7

Transactions

$18.64M

Total Volume

4.48%

Avg Cap Rate

$463,125

Avg $/Unit

7

Avg Units

2012

Since

Cap rate, price per unit and unit count are averaged across apartment sales only: 4 of these 7 closed transactions are apartment sales. A sale with no figure recorded is left out of that average, so cap rate draws on 3.

LAAA Team Track Record Since 2012

Hollywood Multifamily Market Overview

Hollywood is an increasingly dynamic multifamily market with Metro B Line connectivity at Hollywood/Highland and Hollywood/Vine. Across 7 transactions totaling $18.6M, the 4 apartment sales average $463,000 per unit across 28 units, and the 3 of those with a recorded cap rate average 4.48%. LA RSO applies.

Market Snapshot

Source: CoStar | Hollywood Multifamily | 2026 Q1
43,642Total Units
7.4%Vacancy Rate
$2,423Market Rent/Unit
+0.0%Rent Growth (YoY)
5.0%Market Cap Rate
$374,488Market $/Unit

Rents by Unit Type

Studio$1,830/mo
1 Bedroom$2,218/mo
2 Bedroom$3,168/mo
3 Bedroom$4,718/mo

Investment Activity (Trailing 12 Mo)

Sales Volume$225.1M
Transactions18
Avg Price/Unit$374,488
Avg Cap Rate5.8%

Hollywood Market Area

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LAAA Team Closings in Hollywood

7 transactions by Glen Scher, Filip Niculete & the LAAA Team

1431 N Vista St

Los Angeles2026

Price
$1,600,000

6914 De Longpre Ave

Los Angeles2021

Price
$950,000

1350-1356 N Orange Dr

Los Angeles2021

Price
$2,650,000

6026 Barton Ave

Los Angeles2019

Price
$1,385,000
Units
4
Cap
4.93%
$/Unit
$346,250

1254-1260 N Citrus Ave

Los Angeles2019

Price
$4,000,000
Units
8
Cap
3.61%
$/Unit
$500,000

753 Lillian Way

Los Angeles2019

Price
$5,500,000
Units
8
Cap
4.89%
$/Unit
$687,500

1254-1256 Citrus Ave

Los Angeles2017

Price
$2,550,000
Units
8
$/Unit
$318,750

Source: LAAA Team Closed Transactions

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Your LA Apartment Investment Advisors

Glen Scher

Glen Scher

Senior Managing Director Investments

(818) 212-2808

Email Glen

License(s): CA: 01962976

Filip Niculete

Filip Niculete

Senior Managing Director Investments

(818) 212-2748

Email Filip

License(s): CA: 01905352

LA Apartment Advisors | Marcus & Millichap

16830 Ventura Blvd, Ste. 100, Encino, CA 91436

LAAA