Hollywood Apartment Building Sales

Explore 6 closed multifamily transactions totaling $17.04M in Hollywood. Data from the LAAA Team at Marcus & Millichap.

6

Transactions

$17.04M

Total Volume

4.48%

Avg Cap Rate

$503,000

Avg $/Unit

6

Avg Units

2013

Since

Hollywood Multifamily Market Overview

Hollywood is an increasingly dynamic multifamily market with Metro B Line connectivity at Hollywood/Highland and Hollywood/Vine. Across 6 transactions totaling $17.0M, average cap rate is 4.48% at $503K per unit across 32 units. LA RSO applies.

Market Metrics

Total Deals

6

Total Volume

$17.04M

Avg Cap Rate

4.48%

Cap Rate Range

3.61% - 4.93%

Avg $/Unit

$503,000

$/Unit Range

$318,750 - $687,500

Avg Units/Deal

6

Deal Types

Apartments: 5, Land: 1

Active Listings in Hollywood

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
$374KMarket $/Unit

Rents by Unit Type

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

Supply & Demand

Under Construction297 units
Delivered (12 mo)155 units
Net Absorption (12 mo)250 units
Occupancy Rate92.6%

Investment Activity (Trailing 12 Mo)

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

LAAA Team Closings in Hollywood

6transactions by Glen Scher, Filip Niculete & the LAAA Team

6914 De Longpre Ave

Los Angeles2021

Price
$950,000

1350-1356 N Orange Dr

Los Angeles2021

Price
$2.65M
Units
4
$/Unit
$662,500

6026 Barton Ave

Los Angeles2019

Price
$1.39M
Units
4
Cap
4.93%
$/Unit
$346,250

1254-1260 N Citrus Ave

Los Angeles2019

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

753 Lillian Way

Los Angeles2019

Price
$5.50M
Units
8
Cap
4.89%
$/Unit
$687,500

1254-1256 Citrus Ave

Los Angeles2017

Price
$2.55M
Units
8
$/Unit
$318,750

Source: LAAA Team Closed Transactions

Hollywood Multifamily Investment FAQs

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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