5826 Carlton Way, Los Angeles, CA 90028

Local realty services provided by:Better Homes and Gardens Real Estate Town Center
5826 Carlton Way,Los Angeles, CA 90028
$8,550,000
  • - Beds
  • - Baths
  • 20,700 sq. ft.
  • Multi-family
  • Active
Listed by:shaya braverman
Office:keller williams beverly hills
MLS#:25541819
Source:CRMLS

Price summary

  • Price:$8,550,000
  • Price per sq. ft.:$413.04

About this home

5826 Carlton Way presents a rare opportunity to acquire a historically significant multifamily asset in the heart of Hollywood. Built in 1924 by Paramount Pictures to house its actors during the Golden Age of cinema, this character-rich property known today as Carlton Canyon Apartments offers a blend of classic architecture and modern living amenities. Offered as a portfolio sale at $8,550,000, the package includes the 36-unit + 2 ADU's apartment building priced at $7,750,000, and a separately parceled 4,468 SF parking lot across the street listed at $800,000. Zoned Q R4-1VL, Tier 3 TOC, the lot presents a compelling development opportunity. While a high-density build of ~20 units is feasible, a more straightforward approach could be a 3-story multifamily structure with fewer units. The two parcels are described under separate APNs with no covenant tying them together, allowing a buyer to sell them individually if desired. Some tenants have parking as a lease provision, while others

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Home facts

  • Year built:1924
  • Listing ID #:25541819
  • Added:127 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Living area:20,700 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1924
  • Building area:20,700 sq. ft.
  • Lot area:0.38 Acres

Finances and disclosures

  • Price:$8,550,000
  • Price per sq. ft.:$413.04
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