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945 Hilldale Avenue

945 Hilldale Avenue, West Hollywood, CA, USA

For Sale

$1,925,000

Property Description

Marcus and Millichap is pleased to present a five (5) unit apartment building located at 945 Hilldale Avenue in West
Hollywood, California. The subject property is situated in a prime Norma Triangle location, south of Sunset Boulevard and west of Santa Monica Boulevard.
West Hollywood is a trendy area known for its high-energy nightlife and eclectic restaurants. The fabled Sunset Strip features the Chateau Marmont, a swanky celebrity hideaway, plus comedy clubs and live music venues like the legendary Whiskey a Go Go. Santa Monica Boulevard, awash in rain -
bow flags, is home to a number of gay bars, dance clubs and shops. WeHo also offers some of the city’s most buzzworthy
restaurants. The subject property is situated in Tri-West, a relatively small neighborhood comprised of single-family homes and apartment buildings. Tri-West is the area north
of Melrose Ave and south of Santa Monica Blvd, between the Pacific Design Center and La Cienega Blvd. The Pacific Design Center is located less than a ten (10) minute walk west of the subject property and is adjacent to West Hollywood Park and West Hollywood Library. The nearby West Hollywood Park includes grassy grounds, a playground, and a community
pool. Tri-West provides residents with a plethora of amenities proximate to well-known commercial corridors. This safe lit -
tle community provides small town charm in the heart of the big city.
The Norma Triangle is a residential neighborhood in WeHo, represented by the Norma Triangle Neighborhood Watch with
the main goals of creating a tight knit community, ensuring residents feel safe & secure, and voicing neighborhood concerns with the City Council members of West Hollywood. The neighborhood is walkable and upscale with cafes and restaurants, shopping, nightclubs, parks, and bars in close proximity. The Norma Triangle includes a small portion of the Sunset
Strip with ample employment centers attracting a significant
young professional tenant base. It is also home to the Ticketmaster corporate headquarters, the largest employer in West
Hollywood, as well as a number of IAC/InterActiveCorp sub -
sidiaries, including Tinder and CityGrid Media.
Built in 1923, this property contains a great unit mix of one (1) studio / one bathroom unit, one (1) studio / one-bathroom
ADU (newly converted), two (2) one bedroom / one bathroom units, and one (1) two bedroom / one bathroom house. Two (2) units will be de livered vacant. Lush landscaping lines the front of the craftsman style building at the property, creating
a sense of privacy from the highly amenitized world of WeHo. Though there is on-site parking available, residents will enjoy being within short distance to trendy entertainment, retail,
and restaurants all located within blocks of the subject property
in all directions. Some of the closest include amazing stops along the world famous Sunset Strip: The Whisky A Go
Go, The Roxy Theatre, The Viper Room, Rainbow Bar & Grill, Boxwood, Night + Market Weho, Book Soup, Shamrock Social Club, Tradesrogue, and many more. The West Hollywood Elementary
School is adjacent to the site, and boasts some of the highest test scores across low- and middle-income students
throughout California. Less than half a mile south, tenants will find outdoor recreation at the West Hollywood Park as
well as other trendy destinations such as Revolver Video Bar, Hi Tops Bard, Insomnia Cookies, Salt & Straw, Bottega Louie WEHO, WHO WHAT WEAR, and others.
Situated in a prime West Hollywood location, this offering presents an excellent opportunity for any investor to capitalize
on rental upside potential in a rare residential pocket of West Hollywood.

Contact Agent

Jason Tuvia | Nick Mejerski

818.212.2735

Unit Mix

One (1) studio / one bathroom unit, One (1) studio / one-bathroom
ADU (newly converted), Two (2) one-bedroom / one-bathroom units, and One (1) two-bedroom / one bathroom house.

Property Type

Multifamily

Submarket

Price

Size

3,870 SF

Total Units

Year Built

1923

Property Location

945 Hilldale Avenue, West Hollywood, CA, USA

Property Description

Marcus and Millichap is pleased to present a five (5) unit apartment building located at 945 Hilldale Avenue in West
Hollywood, California. The subject property is situated in a prime Norma Triangle location, south of Sunset Boulevard and west of Santa Monica Boulevard.
West Hollywood is a trendy area known for its high-energy nightlife and eclectic restaurants. The fabled Sunset Strip features the Chateau Marmont, a swanky celebrity hideaway, plus comedy clubs and live music venues like the legendary Whiskey a Go Go. Santa Monica Boulevard, awash in rain -
bow flags, is home to a number of gay bars, dance clubs and shops. WeHo also offers some of the city’s most buzzworthy
restaurants. The subject property is situated in Tri-West, a relatively small neighborhood comprised of single-family homes and apartment buildings. Tri-West is the area north
of Melrose Ave and south of Santa Monica Blvd, between the Pacific Design Center and La Cienega Blvd. The Pacific Design Center is located less than a ten (10) minute walk west of the subject property and is adjacent to West Hollywood Park and West Hollywood Library. The nearby West Hollywood Park includes grassy grounds, a playground, and a community
pool. Tri-West provides residents with a plethora of amenities proximate to well-known commercial corridors. This safe lit -
tle community provides small town charm in the heart of the big city.
The Norma Triangle is a residential neighborhood in WeHo, represented by the Norma Triangle Neighborhood Watch with
the main goals of creating a tight knit community, ensuring residents feel safe & secure, and voicing neighborhood concerns with the City Council members of West Hollywood. The neighborhood is walkable and upscale with cafes and restaurants, shopping, nightclubs, parks, and bars in close proximity. The Norma Triangle includes a small portion of the Sunset
Strip with ample employment centers attracting a significant
young professional tenant base. It is also home to the Ticketmaster corporate headquarters, the largest employer in West
Hollywood, as well as a number of IAC/InterActiveCorp sub -
sidiaries, including Tinder and CityGrid Media.
Built in 1923, this property contains a great unit mix of one (1) studio / one bathroom unit, one (1) studio / one-bathroom
ADU (newly converted), two (2) one bedroom / one bathroom units, and one (1) two bedroom / one bathroom house. Two (2) units will be de livered vacant. Lush landscaping lines the front of the craftsman style building at the property, creating
a sense of privacy from the highly amenitized world of WeHo. Though there is on-site parking available, residents will enjoy being within short distance to trendy entertainment, retail,
and restaurants all located within blocks of the subject property
in all directions. Some of the closest include amazing stops along the world famous Sunset Strip: The Whisky A Go
Go, The Roxy Theatre, The Viper Room, Rainbow Bar & Grill, Boxwood, Night + Market Weho, Book Soup, Shamrock Social Club, Tradesrogue, and many more. The West Hollywood Elementary
School is adjacent to the site, and boasts some of the highest test scores across low- and middle-income students
throughout California. Less than half a mile south, tenants will find outdoor recreation at the West Hollywood Park as
well as other trendy destinations such as Revolver Video Bar, Hi Tops Bard, Insomnia Cookies, Salt & Straw, Bottega Louie WEHO, WHO WHAT WEAR, and others.
Situated in a prime West Hollywood location, this offering presents an excellent opportunity for any investor to capitalize
on rental upside potential in a rare residential pocket of West Hollywood.

Contact Agent

Jason Tuvia | Nick Mejerski

818.212.2735

(818) 448-4415

CalBRE #01772495

Unit Mix

One (1) studio / one bathroom unit, One (1) studio / one-bathroom
ADU (newly converted), Two (2) one-bedroom / one-bathroom units, and One (1) two-bedroom / one bathroom house.

Property Details

Property Type

Multifamily

Submarket

West Hollywood

Price

$1,925,000

Price per Unit

$385,000

Price per SF

$497.42

Status

For Sale

Size

3,870 SF

Total Units

5

Year Built

1923

Property Location

945 Hilldale Avenue, West Hollywood, CA, USA

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