5923 Carlton Way

Los Angeles, CA 90028

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,248 Sqft
  • 8376
    Sqft(Lot)
$2,900,000

Description

5923 carlton way presents a well-located 12-unit multifamily asset in the highly desirable hollywood submarket—an area known for strong tenant demand, limited inventory, and proximity to world-renowned landmarks and new developments.

built in 1961, the two-story property offers approximately 9,248 square feet of rentable space on an 8,325 sf lot zoned la-r4. the unit mix includes (8) one-bed/one-bath & (4) two-bed/two-bath units, appealing to a wide renter demographic.

the property features 14 covered carport parking spaces—an increasingly rare amenity in this high-density neighborhood. these parking spaces also offer a significant value-add opportunity, with potential for conversion into adus for additional income.

recent capital improvements include a completed soft-story seismic retrofit, ensuring structural compliance and reducing future capital expenditure. additional amenities include a coin-operated laundry room, rooftop access, and scenic views of the hollywood sign. the property sits directly adjacent to the tranquil carlton way park and is within close proximity to major hollywood landmarks, developments, and entertainment hubs.

5923 carlton way represents a rare opportunity to acquire a stabilized with both in-place cash flow and upside potential in one of los angeles’ most dynamic rental markets. this is part of the hollywood collection offering and can be purchased individually or together with 5947 carlton way & 1545 gordon st.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    50151731

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Property Details

  • Bathroom Information

    • Total Baths: 0

    Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Flat
    • Interior Features: Ceiling Fan(s),Granite Counters
    • Property Appliances: Disposal,Gas Range,Microwave,Range Hood,Water Heater
    • Fireplace: None
    • Flooring: Carpet,Laminate,Tile

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1961
    • Building Area Total: 9,248
    • Construction: Stucco
    • Roof: Flat

    Security Features

    • Fire Sprinkler System,Smoke Detector(s)

    Pool Features

    • None

    Laundry Features

    • Washer Hookup,Gas Dryer Hookup,Laundry Room

    Fencing

    • Block,Wrought Iron

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1923
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 8376

  • Listing Price Information

    • Original List Price: 2,900,000
    • Listing Contract Date: 2025-06-11

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5545005015

  • Garage and Parking

    • Garage Description: Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas,Telephone

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C20 - Hollywood
    • Directions: Off 101 fwy, exit Sunset Blvd westbound, turn right on Gordon St, turn right on Carlton Way.
    • Zoning: LAR4
    • Source Property Type: Residential Income
    • Area: C20 - Hollywood
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 64
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: Front
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/15/2025 @ 15:59

  • MLS: OC25129260
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 9,248 sqft, 8,376 sized lot, and 0 parking. are nearby neighborhoods.