5923 Carlton Way, Los Angeles, CA 90028
Local realty services provided by:Better Homes and Gardens Real Estate Clarity



5923 Carlton Way,Los Angeles, CA 90028
$2,900,000
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:brian noh
Office:nohco real estate
MLS#:OC25129260
Source:SANDICOR
Price summary
- Price:$2,900,000
About this home
One Unit Recently Moving Out! 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. 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.
Contact an agent
Home facts
- Listing Id #:OC25129260
- Added:67 day(s) ago
- Updated:August 18, 2025 at 02:48 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$2,900,000
New listings near 5923 Carlton Way
- New$779,000Active2 beds 1 baths1,029 sq. ft.
7318 Jellico Avenue, Van Nuys, CA 91406
MLS# 225004212Listed by: KELLER WILLIAMS WESTLAKE VILLAGE - New$3,950,000Active4 beds 6 baths4,200 sq. ft.
2311 Vasanta Way, Los Angeles, CA 90068
MLS# 25571291Listed by: HURWITZ JAMES COMPANY - New$539,000Active1 beds 1 baths750 sq. ft.
3810 Wilshire Boulevard #1711, Los Angeles, CA 90010
MLS# 25578147Listed by: GOOD MEMBERS INVESTMENT - New$1,525,000Active0.19 Acres
664 Jacon Way, Pacific Palisades, CA 90272
MLS# 25578677Listed by: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES - New$895,000Active0.15 Acres
1625 Grafton Street, Los Angeles, CA 90026
MLS# 25579111Listed by: KELLER WILLIAMS BEVERLY HILLS - New$3,295,000Active3 beds 3 baths2,750 sq. ft.
1023 Superba Avenue, Venice, CA 90291
MLS# 25579685Listed by: COMPASS - New$2,350,000Active3 beds 2 baths2,457 sq. ft.
4546 S Centinela Avenue, Los Angeles, CA 90066
MLS# 25579743Listed by: COMPASS - New$1,299,000Active3 beds 2 baths1,974 sq. ft.
10557 Mahoney Drive, Shadow Hills, CA 91040
MLS# BB25185968Listed by: REMAX EMPOWER - New$465,900Active1 beds 1 baths711 sq. ft.
1430 Brett Place #10, San Pedro, CA 90732
MLS# SB25185245Listed by: HARRIS REALTY - New$549,999Active2 beds 2 baths1,158 sq. ft.
6702 Hillpark Drive #308, Los Angeles, CA 90068
MLS# SR25184068Listed by: PACIFIC INTER CAPITAL INVESTMENT SOLUTIONS, INC