5826 Carlton Way, Los Angeles, CA 90028

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
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:85 day(s) ago
  • Updated:August 13, 2025 at 01:21 PM

Rooms and interior

  • Living area:20,700 sq. ft.

Heating and cooling

  • Heating:Wall Furnace

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
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.