Updated August 27, 2026
Across the 24 Hollywood apartment buildings in my own closed record — 562 units, $153.2M, closings spanning 2012–2026 — the median works out at $282,589 per unit.
The median is the least interesting number on this page. The spread is the point: the range across those closings runs more than double from bottom to top. An owner who takes a citywide per-door figure, or even a Hollywood one, and multiplies it by their unit count will be wrong by an amount that matters.
Here is what actually moves it.
Larger buildings trade lower per door. Across the 145 buildings in this record pooled together, the pattern is clean and the gap is wide — though inside any single submarket it is far less reliable than it sounds, for reasons of sample size set out in what building size actually does to price.
That surprises owners, who reasonably expect scale to be worth a premium. It is worth a premium in total price and a discount per unit, because the buyer pool for a forty-unit building is smaller, the financing is different, and the per-unit rent achievable rarely rises with building size.
This is why every per-door figure published on this site is banded by building size rather than averaged into one number. Comparing a six-unit building to a forty-unit building on price per door compares two different products. The banded table for Hollywood — how many closings in each size band, the median and the range within each — is on the Hollywood multifamily broker page.
The single largest variable, and the one owners have least control over at the point of sale.
Hollywood's stock is overwhelmingly pre-1978 and inside the City of Los Angeles, so most of it sits under the Rent Stabilization Ordinance. Buyers underwrite the rent trajectory the ordinance permits, not the rents an open market would bear.
Two identical buildings on the same Hollywood street can differ by a third per door purely on how far in-place rents sit below market and how recently units have turned. Long-tenanted buildings carry more upside on paper and less income today, and buyers price the today. The mechanism is set out in how rent control affects your sale price.
Hollywood is full of 1950s and 1960s walk-ups over open tuck-under parking — the exact population LA's soft-story ordinance targets. A completed retrofit with clean paperwork removes a discount. An outstanding one attracts a discount reliably larger than the work would cost, because buyers price the cost plus the uncertainty plus the disruption. See Hollywood dingbats and the soft-story bill.
A 1920s courtyard building and a 1960s dingbat are different assets. One rents on character and is close to irreplaceable; the other rents on price and density. Both sell well in Hollywood; they attract different buyers and clear at different per-door numbers.
Layered on top, whether the parcel sits inside a Historic Preservation Overlay Zone, or inside a Transit Oriented Communities tier near one of the three B Line stations, decides whether a redevelopment buyer is in the room at all. Those two facts can move a Hollywood site's value more than anything in the rent roll.
Measure ULA is charged on gross price above a City of Los Angeles threshold, and on the Hollywood record roughly two-thirds of closings sat in that range. Because the thresholds are cliffs rather than slopes, a building priced just above one can net less than the same building priced just below. That is a pricing problem before it is a tax problem — see does Measure ULA apply to my Hollywood sale.
There is no useful Hollywood per-door number that can be applied to a specific building without knowing four things: its size band, its rent position against the cap, its retrofit status, and whether the parcel carries a preservation or transit designation.
That is not evasion. It is why a broker opinion of value on a Hollywood building takes real work and a number off a website does not. The citywide version of this argument, with the reasoning in full, is in how much is my apartment building worth.
Every figure above is computed from the closed record rather than typed — the methodology sets out exactly how.
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