EastHollywood.
ESTIMATED FROM 2024 RECORDED SALES · RECOMPUTED SEPTEMBER 2026
East Hollywood and the Virgil Village corridor hold one of the largest concentrations of small pre-war apartment buildings in the city: fourplexes, sixplexes, and courtyard bungalows serving one of LA's densest rental populations. Almost everything is RSO, and loss-to-lease in long-held buildings routinely runs 25-40%.
Patient owners sit on below-market rents, and buyers underwrite the turnover. That is the trade here. Sales volume stays healthy in every cycle because entry prices remain accessible.
Recorded sales by year
| YEAR | SALES | MEDIAN EST. PRICE | MEDIAN EST. $/UNIT | MEDIAN EST. $/SF |
|---|---|---|---|---|
| 2020 | 36 | $2,168,084 | $315,750 | $351 |
| 2021 | 149 | $1,699,998 | $383,333 | $421 |
| 2022 | 140 | $1,687,500 | $375,000 | $415 |
| 2023 | 122 | $1,430,000 | $375,000 | $379 |
| 2024 | 160 | $1,430,000 | $360,000 | $370 |
~3,929 MULTIFAMILY BUILDINGS · 34,575 UNITS · 86% BUILT BEFORE 1979 (RSO-ERA)
NEWEST RECORDED SALE DEC 24, 2024 · RECOMPUTED SEPTEMBER 25, 2026
Coverage: the most recent recorded transfer per parcel over roughly the last five years, limited to sales that reset the Proposition 13 base year and to parcels assessed at $100,000 or more, so a building that traded more than once appears once, and earlier sales are not shown. Prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.
Latest East Hollywood trades
Coverage: the most recent recorded transfer per parcel over roughly the last five years, limited to sales that reset the Proposition 13 base year and to parcels assessed at $100,000 or more, so a building that traded more than once appears once, and earlier sales are not shown. Prices are estimated from the LA County assessor roll: the Prop-13 reassessment recorded at sale, deflated 2%/yr back to the sale date. They are estimates, not verified closing prices.
What decides the price
East Hollywood is dense, heavily rent-stabilized, and close enough to Hollywood and Los Feliz that sellers frequently price against the wrong comp set. The stock is mostly prewar and small, tenancies are long, and the buyer pool is more local and more price-sensitive than two ZIPs west. Metro access supports density on some parcels, so the land test is worth running even where the building is fully occupied and performing.
Who buys here
Local long-hold owners and first-time multifamily buyers stepping up from duplexes, plus value-add buyers who underwrite slow, patient turnover rather than a fast repositioning. Nobody here is paying for a business plan that assumes units empty on schedule.
What is the average price per unit for East Hollywood apartment buildings?
The estimated average is $385,382 per unit (about $409 per square foot). It is estimated from 160 sales recorded in 2024, the most recent year with enough recorded sales to average. These are not closing prices: each sale is priced from the LA County assessor's Prop 13 reassessment at the time of sale, deflated back to the sale date. A valuation of a specific building needs verified comps.
Who sells apartment buildings in East Hollywood?
Shaya Lowenstein (Lyon Stahl Investment Real Estate, CA DRE #01942326) brokers multifamily and land in East Hollywood and across Los Angeles. Free 48-hour valuations at https://www.shayarealestate.com/valuation.
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