Hollywood

The cultural epicenter of the movie industry and a beacon for those chasing big-screen fame, Hollywood’s star-power creates a submarket unlike any other. From the neighborhood’s tourist-centric chaos to its under-the-radar art galleries and friendly farmer’s markets, the Hollywood submarket holds broad appeal to renters. Combine its appeal with the area’s low supply of rental housing and you get a solid multifamily investment with lots of upside potential.

Market Stats - 2019

Overview - Annual Sales Stats

BUILDINGS SOLD

28

AVERAGE SALE PRICE

$4,101,446

AVERAGE PRICE PER UNIT

$314,632

AVERAGE PRICE PER SQUARE FOOT

$430

Rent vs Vacancy - Historical*

*Data Source: CoStar

Buildings Sold - Historical