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HOLLYWOOD · MULTIFAMILY BROKER

Hollywood Multifamily Broker

We specialize in selling apartment buildings across Hollywood, East Hollywood, and the Hollywood Hills, offering focused expertise in one of Los Angeles’s most competitive multifamily markets. From smaller income-producing properties to larger apartment assets, we provide local market knowledge, accurate pricing insight, and transaction expertise tailored to each client’s goals.

Our approach is driven by actual closed sales data, not just active listings or asking prices. Our Hollywood-area apartment building sales include per-unit records, giving owners and investors a clearer picture of real market performance, pricing trends, and buyer activity. Whether you are selling, evaluating your property’s value, or exploring investment opportunities, our local expertise provides a data-driven advantage from valuation through closing.

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Hollywood by the Numbers

$243,750

Median price per unit

11.37

Median GRM

$292

Median price / sq ft

~-1% Flat

Rent Growth

5–6%

Apartment vacancy
Sale data: CoStar, multifamily 5+ units, Hollywood cluster, 2-year medians through July 2026. Updated quarterly.

The Renter Capital of Los Angeles

Roughly 93% of Hollywood households rent, one of the highest shares of any LA neighborhood, and that single fact shapes everything about owning here: demand is structural, not cyclical. Average apartment rents sit around $2,700, with one-bedrooms in the mid $2,000s and two-bedrooms near $3,500, though rents have drifted flat to slightly negative over the past year as new construction along the major corridors competes for tenants with concessions. Metro apartment vacancy is holding between 5 and 6 percent. The result is a two-speed market: newer Class A product is fighting for lease-ups, while older, well-located RSO stock keeps its tenants and its pricing. For sellers of vintage buildings, that split is an advantage worth pricing deliberately.

Where Hollywood Buildings Win or Lose

The cluster medians are the starting line; the spread around them is enormous. Our own closings run from value-priced vintage stock to $500,000 per unit in East Hollywood, and the variables that decide where a building lands are specific: RSO status and loss-to-lease on pre-1978 stock, walkability and corridor position, unit mix, and whether the property tells a turnover story or a stability story.

New construction changes the math entirely, trading under statewide rules with premium rents and premium per-unit pricing. We underwrite your building against the comps that match its actual profile and deliver the number in writing within 48 hours.

Own a building in Hollywood or East Hollywood

CLOSED DEALS IN HOLLYWOOD

Recent Hollywood multifamily transactions.

Real deals I’ve closed in Hollywood and East Hollywood. View full details and success stories.

PROPERTY NAME: 1741 N. Cherokee Ave, Hollywood

Newer-construction office property. Co-listed with JLL. Structured best-and-final process produced $380,000 over list in a commercial market that had seen very few over-asking closings. Seller was a nonprofit with complex board approval requirements.

Full Details

Sale Price: $5,375,000

Over List Price: $380,000

Time To Close:  ~60 Days

LOCATION  Hollywood, LA

PROPERTY NAME: 1758 N Kingsley Dr, 8 Units, East Hollywood

Front duplex plus 6-unit rear structure (rear not subject to RSO). Rents approximately 52% below market on rear units. Max identified a 1031 exchange buyer within one week. Offer came in $200,000 over asking. Top 3 PPU in East Hollywood at the time of sale.


Full Details

SALE PRICE:  $4,000,000

PRICE PER UNIT:  $500,000

TIME TO CLOSE:  60 Days

Days To Close: ~ 20

PROPERTY NAME: 4533 Ambrose Ave, Triplex, Los Feliz

Spanish-style triplex built in 1921, steps from Hillhurst and Vermont Avenues, fully subject to the RSO. Originally listed at $1,300,000, reduced 10% to $1,175,000, and closed at $1,125,000, 95.74% of list. Positioned as the lowest-priced triplex on the market in Los Feliz at the time, drawing interest from both owner-users and investors for its architectural character and walkable location.


Full Details

SALE PRICE:  $1,125,000

PRICE PER UNIT &SF: $375,000 / unit · $471/SF

Days on Market: 57

Location: Los Feliz, LA

PROPERTY NAME: 41758 N Kingsley Dr, 8 Units, East Hollywood

Front duplex plus 6-unit rear structure (rear not subject to RSO). Rents approximately 52% below market on rear units. Max identified a 1031 exchange buyer within one week. Offer came in $200,000 over asking. Top 3 PPU in East Hollywood at the time of sale.


Full Story

SALE PRICE  $4,000,000

PRICE PER UNIT  $500,000

TIME TO CLOSE  60 Days

LOCATION  East Hollywood, LA

PROPERTY NAME: 2016 Vista Del Mar St, Bungalow Compound, Hollywood Hills

Six fully renovated bungalow-style units built in 1921–1923, rebuilt to the studs with individually metered EV charging, arranged in a courtyard configuration on a 12,267 SF lot. Subject to RSO but delivered as a turnkey, high-income rental product. Listed at $3,995,000, closed at $3,600,000, 90.11% of list, after 53 days on market.

SALE PRICE:  $3,600,000

PRICE PER UNIT: $600,000

Market & Closing Timeline: 53 DOM · ~43 days to close

Location: Hollywood Hills East / Hollywood Dell

FAQs

Start from the cluster medians above, $243,750 per unit and a GRM around 11.4, then place your building on Hollywood's unusually wide spread: our own closings in this submarket run from under $200,000 per unit to $500,000 and $600,000 per unit. The variables that move you along that spread are RSO status, loss-to-lease, corridor position, condition, and whether your building sells a turnover story or a stability story. The written valuation runs your actual rent roll against comps matching your building's profile, including transactions we negotiated ourselves. You receive it, with net proceeds after every tax and cost, within 48 hours.

Sell to the Buyer Your Building Deserves

Hi, I am Max Berger, a multifamily broker at Compass. Hollywood’s spread between median pricing and record pricing is wider than almost anywhere in the city, and which end your building sells at is decided by positioning, not luck.

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