Share This Listing

Message

920 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

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
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

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
  • Listing ID: 40924697

  • Date on Market: 2026-06-15

  • Last Updated:

  • Address: 937 Hilldale Ave, West Hollywood, CA 90069

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}