7467 Hollywood Blvd, Hollywood — 7-Unit Multifamily, $2.9M (Feb 2019)

Updated April 28, 2026

Units: 7 · Sale price: $2,900,000 · Price per unit: $414,285 · Closed: February 2019

A 7-unit small multifamily property at 7467 Hollywood Blvd in Hollywood, sold February 2019 for $2,900,000 — approximately $414,285 per unit.

2019 LA multifamily held at peak-cycle pricing. Late-cycle discipline was visible in buyer underwriting, particularly on assets requiring active management.

Hollywood is one of the most-demanded mid-city LA submarkets, with deep institutional interest and a predominantly pre-1978 building mix that now falls under the revised LA City RSO.

Small multifamily properties in this range trade primarily among private investors, family offices, and 1031 exchangers.

Set against the rest of the Hollywood record, this is the 22nd largest of the 24 Hollywood apartment buildings Michael Sterman has closed.

At $414,286 a unit it sits above the Hollywood median of $282,589, which is the ordinary pattern for a building of this size: at 7 units it is smaller than the median Hollywood closing at 19, 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.

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Related

• Selling Multifamily Property in Hollywood
• 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

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Michael Sterman, Senior Managing Director Investments at Marcus & Millichap.