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9 Units in Norma Triangle w/ 67% Upside 937 Hilldale Ave 9 Unit Apartment Building $3,567,118 CAD ($396,346 CAD/Unit) 4.55% Cap Rate West Hollywood, CA 90069



Investment Highlights
- Norma Triangle cul-de-sac location steps from Sunset Blvd. and Doheny Dr., with West Hollywood access without the main-street feel.
- First time on market in 38 years, with soft-story retrofit, new roof, new windows, and 5 of 9 units renovated, reducing near-term capital exposure.
- Walking distance to Sunset Strip anchors including The West Hollywood EDITION, The Roxy Theatre, Whisky a Go Go, Sunset Plaza, Dialog Cafe, and more.
- Residents are minutes from the Sunset Strip, Santa Monica Blvd., Melrose, Pacific Design Center, Beverly Center, and Beverly Hills.
- Offered at $2,550,000, or $283,333/unit and $360/SF, with nearly 67% upside to a 9.33% CAP and 8.10 GRM.
- Norma Triangle address, completed capital improvements, and a rent roll with room to grow give 937 N. Hilldale Ave. a clear repositioning path in a co
Executive Summary
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.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,567,118 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $396,346 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 4.55% | Building Size | 7,077 SF |
| Gross Rent Multiplier | 13.41 | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
| Zoning | WDR2* | ||
| Price | $3,567,118 CAD |
| Price Per Unit | $396,346 CAD |
| Sale Type | Investment |
| Cap Rate | 4.55% |
| Gross Rent Multiplier | 13.41 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 7,077 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | WDR2* |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Online Services
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $3,373 CAD | - |
| 1+1 | 7 | $2,206 CAD | - |
Very walkable
80/100
Fairly drivable
50/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 4340-005-010 | Total Assessment | $1,739,620 CAD |
| Land Assessment | $686,409 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,053,211 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
4340-005-010
Land Assessment
$686,409 CAD
Improvements Assessment
$1,053,211 CAD
Total Assessment
$1,739,620 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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9 Units in Norma Triangle w/ 67% Upside | 937 Hilldale Ave
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