5427 Carlton Way, Los Angeles, CA 90027
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
5427 Carlton Way,Los Angeles, CA 90027
$5,500,000
- 20 Beds
- 22 Baths
- 15,320 sq. ft.
- Multi-family
- Active
Listed by: demis dokhanian
Office: jnm realty, inc.
MLS#:25553221
Source:CRMLS
Price summary
- Price:$5,500,000
- Price per sq. ft.:$359.01
About this home
JNM Realty Inc is proud to present, on an exclusive basis, a 22-unit low-rise apartment complex in the heart of East Hollywood with tremendous in-place cash flow. The asset has been professionally managed and maintained over the past 11 years and presents the opportunity for a new investor to improve the facility and its financial output through extended renovations. Community amenities include a pool, laundry room, and onsite parking. The property has been extremely well-maintained with improvements to the exterior facade and sixteen (16) of twenty-two (22) units fully renovated featuring new flooring, electrical, plumbing, and mini splits. There are (17) onsite parking spaces, non-tandem. A qualified investor could assume the favorable 3.20% interest-only rate through March 2026, amortizing through March 2027. This results in a 10.83% cash on cash return immediately upon acquisition. Through renovations and improvements, the property has the potential to reach a 7.65% stabilized cap rate and a 17.67% cash on cash return. Additional potential upside through ADUs through utilizing the onsite parking. Buyer to verify.
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Home facts
- Year built:1957
- Listing ID #:25553221
- Added:146 day(s) ago
- Updated:November 11, 2025 at 11:43 AM
Rooms and interior
- Bedrooms:20
- Total bathrooms:22
- Living area:15,320 sq. ft.
Structure and exterior
- Year built:1957
- Building area:15,320 sq. ft.
- Lot area:0.39 Acres
Finances and disclosures
- Price:$5,500,000
- Price per sq. ft.:$359.01
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