West Hollywood
West Hollywood (WeHo) is one of the most vibrant, walkable, and sought-after neighborhoods for multifamily investors on the Westside of Los Angeles. The area features a dynamic mix of high-end dining, rooftop bars, luxury shopping in the Design District, and world-famous entertainment venues such as the Whisky a Go Go, The Roxy, and The Viper Room.
West Hollywood’s vibrant LGBTQ+ community, walkability, and 24/7 energy make it highly attractive to young professionals, creatives, and affluent renters. This results in strong occupancy rates and premium rental values across multifamily properties. Its prime central location offers convenient access to Beverly Hills, Hollywood, Downtown LA, and all major freeways.
For investors, West Hollywood stands out as a resilient and high-performing multifamily market, driven by limited housing supply, strong tenant demand, and its reputation as a premier lifestyle destination in Los Angeles.
2025 West Hollywood Multifamily Market Statistics at a Glance
West Hollywood Annual Multifamily Apartment Building Sales Statistics*
Buildings Sold: 29
Avg. Sale Price : $4,222,778
Avg. Price/ Unit: $402,831
Avg. Months to Sale: 3.4 mos
Avg. Price/SF: $420
Get Your Free Property Valuation
Discover What Your Building Is Really Worth Today
Average Rent vs Vacancy Rate- Historical & Estimated
2025 Q3: West Hollywood, California Multifamily Average Rent: $3,094 Average Vacancy Rate: 5.7%Average GRM and Cap Rate- Historical
2025: West Hollywood, California Multifamily Average GRM: 12.8, Average Cap Rate 5.2%Number of Multifamily Buildings Sold- Historical
2025: West Hollywood, California Multifamily Buildings Sold: 29Average Price/Unit and Price/SF- Historical
2025: West Hollywood, California Multifamily Average Price/Unit Sold: $402,831, Price/SF Sold: $420Historical and estimated market statistics for the West Hollywood, California multifamily apartment building submarket. The graphs above show the average Price/Unit, Price/SF, GRM, Cap Rate, Average Marker Asking Rent and Vacancy for West Hollywood multifamily apartment buildings for the years 2020-2025. *All data has been obtained from CoStar. Jake Plewa, the Taksa Investment Group and ReMax Commercial cannot guarantee the accuracy of the data above. The graphs and statistics are for information purposes only. Los Angeles Apartment Brokerage Services
We are a full-service real estate brokerage specializing in Los Angeles apartment building sales and multifamily transactions. With a powerful nationwide network of lenders, brokers, and industry professionals, we deliver exceptional results for apartment building owners and investors both locally in Greater Los Angeles and across the United States.
-
Our experienced team delivers accurate apartment building valuations and multifamily property valuations throughout Los Angeles and West Hollywood. Using in-depth market analysis and recent comparable sales (comps), we help apartment owners determine true market value — ideal for inherited buildings, estate planning, or tax purposes.
-
Our experienced team specializes in representing sellers of West Hollywood apartment buildings and multifamily properties. We provide unmatched buyer exposure through our nationwide network, strategic marketing on LoopNet, CoStar, CREXi, and MLS, and targeted campaigns that attract serious investors fast.
-
Our experienced team expertly guides investors through 1031 exchanges, helping you identify the ideal replacement property — particularly in sought-after NNN properties and triple net lease investments. We manage the full 1031 exchange process with confidence, supported by a proven track record and an extensive network of NNN experts.
-
Whether you're completing a 1031 exchange or seeking a passive investment, our nationwide network connects you with premium NNN properties, triple net lease investments, and high-quality single-tenant replacement properties. We help you find the right assets for steady cash flow and minimal management, backed by deep relationships across the U.S.