East Hollywood Multifamily Broker: Apartment Building Sales
East Hollywood, bordered by Los Feliz to the north, Silver Lake to the east, and Hollywood to the west, is one of LA’s most walkable and culturally diverse submarkets, anchored by major medical and educational institutions. Highlight closed the 7-unit value-add sale at 941 N Normandie Ave here, and is currently marketing 4412-4414 Lockwood Ave in the submarket’s Virgil Village pocket.
Get a Free Broker Opinion of Value in East HollywoodTransit Access
- Metro B Line (Red): Vermont/Santa Monica, Vermont/Beverly & Vermont/Sunset stations
- Dense local bus network along Vermont Ave and Santa Monica Blvd, with direct access to the 101 Freeway
Local Retail
- Vermont Ave and Virgil Ave dining, retail, and entertainment corridors
- A diverse mix of ethnic eateries, independent shops, and entertainment venues
- Four blocks from Sunset Junction in neighboring Silver Lake
Major Employers
- Kaiser Permanente Los Angeles Medical Center
- Children’s Hospital Los Angeles
- Los Angeles City College
East Hollywood Multifamily Sales So Far This Year
Buildings built before 1978 fall under the LA Rent Stabilization Ordinance (RSO) and trade differently than newer buildings under AB 1482, so we break them out separately. Confirmed East Hollywood sales through September 2026. Figures are shown only when there are enough sales to be meaningful.
Built Before 1978 (RSO)
- Median Price Per Unit
- $186,667
- 13 East Hollywood sales
- Median Price Per SF
- $245
- 13 East Hollywood sales
- Typical Cap Rate
- 6.00% – 6.55%
- 7 East Hollywood sales
Built 1978 or Later (AB 1482)
- Median Price Per Unit
- $339,286
- 4 East Hollywood sales
- Median Price Per SF
- $324
- 4 East Hollywood sales
- Typical Cap Rate
- Not enough data
- Fewer than 5 East Hollywood sales reporting a cap rate
Curious what your own East Hollywood property could be worth? Try our free value calculator →
East Hollywood Apartment Owners: Why Price-Per-Unit Numbers Online Can Mislead
Search for what an apartment building is worth in East Hollywood and the price-per-unit figures you find can be far apart, because they average different buildings. In our 2026 data, 13 sales of older East Hollywood buildings had a median of $186,667 per unit, while 4 newer buildings had a median of $339,286. Neither number is wrong. They describe different buildings.
An average is only as good as the buildings behind it. A blend of older and newer buildings can hide a gap of about $150,000 per unit, and a figure built on only a handful of sales can swing with one deal.
- $186,667median price per unit, buildings built before 1978 (13 sales in 2026)
- $339,286median price per unit, buildings built 1978 or later (4 sales in 2026)
- 3B Line stations on Vermont Ave: Vermont/Santa Monica, Vermont/Beverly, and Vermont/Sunset
Compare like with like
Age, size, condition, and rent control status all move the price. Older rent-controlled buildings and newer buildings are different markets, and the gap in East Hollywood is wide. When you see a price per unit, ask which buildings it includes and how many sales stand behind it. A figure from two or three sales is a guess.
A rough starting point, not a valuation
At East Hollywood’s median, a 20-unit older building would be around $3.7 million. That is arithmetic, not an appraisal: income, condition, unit mix, and how far rents sit below market can move the real number up or down. Our free property value calculator adjusts for your building’s age and neighborhood, and a Broker Opinion of Value uses your actual rent roll.
Show the numbers behind your price
If your building should sell above or below the median, be ready to explain why, with rents, expenses, and recent comparable sales. Our article on Broker Opinion of Value vs. appraisal explains how a price opinion is built.
We sold the 7-unit 941 N Normandie Ave in East Hollywood and are marketing 4412-4414 Lockwood Ave in the Virgil Village pocket.
Sources: Highlight analysis of CoStar sold multifamily comps, January to September 2026. Each median rests on the sale count shown.
Rent Control in East Hollywood, in Plain English
East Hollywood is inside the City of Los Angeles, so most older apartment buildings here fall under LA’s Rent Stabilization Ordinance (RSO). Rent control is the biggest single factor in what a buyer will pay, because buyers price in how far below market the current rents are. Here is how to tell which rules cover your building.
- Rent can rise once a year by the city’s set percentage: 3% from July 1, 2026 to June 30, 2027
- Tenants can only be evicted for reasons the ordinance allows
- No-fault move-outs require relocation payments
- The building must be registered with the LA Housing Department every year
- LA’s Just Cause Ordinance limits evictions
- Once a building is more than 15 years old, the statewide AB 1482 cap (5% plus inflation, up to 10%) may apply
- Confirm the status of your units with the city or an attorney
Three rent control rules every East Hollywood seller should know
- Market rent comes back only when a tenant leaves on their own. Under the state’s Costa-Hawkins law, you can set a new rent when a tenant moves out voluntarily. That reset is the upside buyers are paying for.
- You can only raise rent if your registration is current. LA requires every RSO building to be registered and its fees paid each year. Buyers check this, and gaps become credits in escrow.
- Relocation payments rise every July. If a buyer plans to renovate or redevelop, the relocation cost for each tenant is part of their math, and it shows up in their offer.
How Many Units Before Measure ULA Hits a East Hollywood Building?
Measure ULA, the City of LA’s “mansion tax,” takes 4% of the entire price once a sale goes over $5.4 million, and 5.5% at $10.9 million or more. At East Hollywood’s median of $186,667 per unit for older buildings, that line arrives at about 29 units. Here is what that looks like.
Illustration only, using the median price per unit for East Hollywood buildings built before 1978 (January-September 2026). Your building’s price depends on its own rents and condition. ULA thresholds for closings after June 30, 2026, from the City of Los Angeles Office of Finance.
Going from 28 to 29 units adds about $186,667 in value but can add roughly $216,534 in tax. If your building is anywhere near the line, price it with the tax in mind and compare offers on what you keep, not the headline number. Our guide to Measure ULA thresholds walks through the “dead zone” above each line.
Three Moves to Make Before You List a East Hollywood Building
Take this year’s rent increase first
Buyers pay for the rent roll they see. If you have skipped the 3% RSO increase, serve the notices before you list (one increase per 12 months, and only with current registration).
Have your soft-story certificate ready
LA requires older wood-frame buildings with weak ground floors (think tuck-under parking) to be retrofitted, and most deadlines have passed. Buyers and lenders expect the city’s certificate of compliance. Find yours, or the permits showing the work is underway, before a buyer asks.
Know your “rent gap”
List each unit’s rent, move-in year, and what a vacant unit would rent for today. The gap between the two is the upside buyers are paying for. Having it ready shows that upside and keeps the price conversation on your terms.
What East Hollywood Apartment Buildings Sell For
Older, rent-controlled buildings in East Hollywood sold for a median of $186,667 per unit in January-September 2026, across 13 sales, with cap rates typically between 6.00% and 6.55%. Here is how that compares with the other neighborhoods we cover.
Source: Highlight Multifamily Group analysis of CoStar sold multifamily comps. Neighborhoods with fewer than 3 sales are left out.
What to Gather Before Selling a East Hollywood Apartment Building
- Current rent roll with each tenant’s move-in date and current rent
- This year’s LA Housing Department registration and proof the fees are paid
- Copies of the last rent increase notices served
- Soft-story certificate of compliance, or permits for work underway
- Your SB 721 balcony and stair inspection report, if the building has elevated wood balconies, decks, or stairs (see our SB 721 guide)
- A zoning printout for your parcel from the city’s ZIMAS site
- Two years of operating expenses and utility bills
- Any buyout agreements, relocation payments, or pending tenant matters
Not sure where to start? We will walk you through it as part of a free Broker Opinion of Value. Request yours here.
Thinking of Selling an Apartment Building in East Hollywood?
East Hollywood Multifamily FAQs
What is the price per unit for an apartment building in East Hollywood?
Among buildings built before 1978 sold in East Hollywood so far in 2026, the median price per unit was $186,667 across 13 sales, and the median price per square foot was $245. Figures are through September 2026 and move with the market.
What cap rate do East Hollywood apartment buildings sell for?
Buildings built before 1978 sold in East Hollywood in 2026 had a typical cap rate range of 6.00% – 6.55%, based on 7 sales that reported one (the middle half of those sales). Cap rates vary with building age, condition, and rent levels, so your building can sit above or below the range.
Does rent control apply to apartment buildings in East Hollywood?
East Hollywood is in the City of Los Angeles. Buildings with a certificate of occupancy issued before October 1, 1978 are generally covered by the Rent Stabilization Ordinance, and newer buildings typically fall under the statewide AB 1482 cap. Rent control affects value because buyers price in below-market rents, as we explain in our guides.
2026 AB 1482 rent cap · Selling with rent-controlled tenants
How much can landlords raise rent on rent-controlled apartments in East Hollywood?
Under the LA Rent Stabilization Ordinance, the allowable increase is 3% from July 1, 2026 through June 30, 2027. Rent can go up once every 12 months, with proper notice, and only if the building's registration with the LA Housing Department is current.
Does Measure ULA apply to East Hollywood apartment buildings?
Yes. East Hollywood is in the City of Los Angeles, so sales above $5.4 million pay a 4% ULA tax on the entire price, and sales at $10.9 million or more pay 5.5%. At East Hollywood's 2026 median of $186,667 per unit for older buildings, a building of about 29 units or more is likely to cross the $5.4 million line.
How do I find out if my East Hollywood apartment building is rent controlled?
Look up your address on the City of Los Angeles’ ZIMAS site. Under the Housing section, the Rent Stabilization Ordinance (RSO) field says Yes if at least one unit in the building is covered, so a building can be only partly covered. Buildings first occupied on or before October 1, 1978 are generally covered, and newer buildings typically fall under the statewide AB 1482 cap. The LA Housing Department answers questions at (866) 557-7368.
How much would a 20-unit apartment building cost in East Hollywood?
As a rough starting point, 20 units at East Hollywood’s 2026 median of $186,667 per unit for older buildings comes to about $3.7 million. That is arithmetic, not a valuation: income, condition, and rents can move the real price up or down. Use our [free calculator](/property-value/) or request a Broker Opinion of Value for a number built on your own building.
Why do websites show different prices per unit for East Hollywood?
Because they average different buildings. Older rent-controlled buildings in East Hollywood sold for a median of $186,667 per unit in 2026, while newer buildings sold for a median of $339,286. A figure that mixes the two, or rests on only a few sales, can sit far from the number for your building.
What apartment buildings has Highlight sold in East Hollywood?
Highlight has closed a sale in East Hollywood: 941 N Normandie Ave (7 units, $2.02M). Every closed sale is listed with its details on our closed sales page.
Why do investors buy apartment buildings in East Hollywood?
East Hollywood is in Central LA, with a Walk Score of 90 (Walker's Paradise; 6th most walkable neighborhood in LA) and a Transit Score of 70. Transit includes Metro B Line (Red): Vermont/Santa Monica, Vermont/Beverly & Vermont/Sunset stations. Nearby employers and anchors include Kaiser Permanente Los Angeles Medical Center, Children’s Hospital Los Angeles, and Los Angeles City College. Walkable, transit-connected neighborhoods with local jobs tend to keep renter demand steady.
Are there apartment buildings for sale in East Hollywood right now?
We do not have an active East Hollywood listing at the moment. Contact us and we will tell you about upcoming and off-market opportunities as they arise.
What is my East Hollywood apartment building worth?
Start with our free property value calculator, which prices your building using East Hollywood's own 2026 sales. Then request a free Broker Opinion of Value for a number based on your actual rent roll, expenses, and condition.
Free property value calculator · Free Broker Opinion of Value
Nearby markets we serve: Silver Lake, Koreatown
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