1031 N Orange Grove Ave, West Hollywood — 7-Unit Multifamily, $3.1M (Mar 2022)
Updated April 28, 2026
Units: 7 · Sale price: $3,130,000 · Price per unit: $447,142 · Closed: March 2022
A 7-unit small multifamily property at 1031 N Orange Grove Ave in West Hollywood, sold March 2022 for $3,130,000 — approximately $447,142 per unit.
2022 LA multifamily held at peak pricing through mid-year, then began the rate-driven repricing that would define 2023.
West Hollywood has its own rent stabilization ordinance distinct from LA City RSO, and a buyer pool that treats the submarket as a premium Westside-adjacent hold.
Small multifamily properties in this range trade primarily among private investors, family offices, and 1031 exchangers.
Set against the rest of the West Hollywood record, this is the 13th largest of the 21 West Hollywood apartment buildings Michael Sterman has closed.
At $447,143 a unit it sits above the West Hollywood median of $354,286, which is the ordinary pattern for a building of this size: at 7 units it is smaller than the median West Hollywood closing at 8, and smaller buildings carry higher per-door pricing.
This transaction is part of the Sterman Multifamily Group closed archive — over fourteen years at Marcus & Millichap.
Related
- Selling Multifamily Property in West Hollywood
- West Hollywood: the neighborhood, its buildings and what they sell for
- How to Sell a Multifamily Property in Los Angeles
- Request a free evaluation of your building
- Verify this sale independently — search public records and coverage for this transaction yourself
Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.
Thinking about selling? Get a no-obligation evaluation on your building.
Request Free Evaluation →