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:San Diego MLS via CRMLS
Price summary
- Price:$2,900,000
About this home
Two Units to be Delivered Vacant! 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.
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Home facts
- Listing ID #:OC25129260
- Added:117 day(s) ago
- Updated:October 07, 2025 at 11:29 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Heating and cooling
- Cooling:Wall/Window
Finances and disclosures
- Price:$2,900,000
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