Los Angeles, CA 90028,5923 Carlton Way
Los Angeles, CA 90028,5923 Carlton Way
Los Angeles, CA 90028,5923 Carlton Way
10
$2,450,000
$2,800,000
12.5%
Est.Price: ?

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3 BD
8,376 Sqft Lot

5923 Carlton Way Los Angeles, CA 90028

Est. payment /mo
SOLD DATE : 12/31/2025

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Key Details

Sold Price $2,450,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC25129260

Bedrooms 3

Lot Size 8,376 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

5923 Carlton Way presents a well-located 12-unit multifamily asset in the highly desirable Hollywood submarketan 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 spacesan 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.

Location

State CA

County Los Angeles

Zoning Assessor

Interior

Cooling Wall/Window

Exterior

View Y/N No

Building

Story 2

Others

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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MLS Router / San Diego MLS
Listed by Brian Noh Nohco Real Estate
Bought with Ramin Vakilzadeh Joshua Nouri

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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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