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… Read More 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. Read Less
Courtesy of Compass 310-230-5478
Listing Snapshot
Days Online
15
Last Updated
Property Type
Other
Beds
11
Square Ft.
7,077
Lot Size
0.16 Acres
Year Built
1957
MLS Number
26847091
30 Days Snapshot Of 90069
$1.17M
-48%
(avg) sold price
5
-66%
homes sold
83
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Other"
Building
7,077 sq ft, Built in 1957, Levels: "Two Level", "Attached"
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