West Hollywood, CA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the West Hollywood short-term rental market based on reliable data.

Listings

745 / 2078

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$46,294

Middle-Earners Revenue

Occupancy

77%

Middle-Earners Occupancy

Home Value

$1,016,618

Median Home Sale Price

Top Earners

$83,650

Top-Earners Revenue

West Hollywood

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in West Hollywood.

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C

Challenging to Investors

West Hollywood Regulations

STRs are permitted citywide but require a Home Sharing License plus separate business licensing, TOT registration, inspections, and ongoing renewals with limited caps and a known lottery process; enforcement is active with citations. Investor risk is moderate to high due to costly, complex compliance and restricted issuance.

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About West Hollywood

West Hollywood is a small, independent city of roughly 36,000 residents tucked into the heart of Los Angeles County, California. Fully enclaved by the city of Los Angeles and Beverly Hills, it sits just a few miles west of Hollywood and about five to eight miles west of downtown Los Angeles. Despite its compact footprint, the city has an outsized cultural footprint, long associated with mid-century bohemia, the rise of rock music, the modern American LGBTQ+ scene, and some of the most concentrated nightlife in Southern California. Its walkable blocks along Sunset Boulevard, Santa Monica Boulevard, and Melrose Avenue are dense with restaurants, galleries, boutiques, and historic clubs, making it a destination in its own right rather than just a stopover near the bigger names nearby.

The Sunset Strip is the spine of the city's identity. This roughly 1.5-mile stretch of Sunset Boulevard between Beverly Hills and Hollywood has hosted legendary music venues and clubs, and remains a magnet for live music, dining, and after-dark energy. The strip sits essentially at the center of town, so any West Hollywood address is only minutes from its billboards and neon. (Sunset Strip)

Just north of the city, about a five-minute drive, Runyon Canyon Park offers one of the most popular urban hikes in Los Angeles. Its fire roads and switchbacks climb through chaparral-covered hills with sweeping views of the Hollywood sign, the San Fernando Valley, and on clear days, the Pacific Ocean. The trailheads are free and heavily used by locals and visitors alike. (Runyon Canyon Park)

To the east, the broader Hollywood area places the Hollywood Walk of Fame, TCL Chinese Theatre, and the Dolby Theatre within roughly a ten-minute drive. A bit farther northeast, about twenty minutes by car, Griffith Observatory anchors the southern edge of Griffith Park and offers planetarium shows, exhibits, and panoramic views from the front lawn. (Griffith Observatory)

To the west, the city of Beverly Hills is essentially next door, with Rodeo Drive and its luxury shopping roughly a five-minute drive from most West Hollywood addresses. The coast at Santa Monica is about twenty to twenty-five minutes southwest, and Los Angeles International Airport is roughly thirty minutes south, depending on traffic.

For short-term-rental owners and guests, West Hollywood's appeal is the unusual combination of being both a self-contained destination and a launch pad for the wider Los Angeles region. Its compact, pedestrian-friendly layout, near-universal walkability to dining and nightlife, and proximity to Hollywood, Beverly Hills, the coast, and the city's major airports give it a year-round draw that supports a wide range of traveler profiles.

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