Property Details
About this Property
5923 Carlton Way presents a well-located 12-unit multifamily asset in the highly desirable Hollywood submarket—an 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 spaces—an 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 Ange
MLS Listing Information
MLS #
CROC25129260
MLS Source
California Regional MLS
Days on Site
37
Interior Features
Appliances
Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas
Flooring
Laminate
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Flat
Parking, School, and Other Information
Garage/Parking
Carport, Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 12 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
5923 Carlton Way is a Residential Income in Los Angeles, CA 90028. This – square foot property sits on a 8,376 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,900,000 and was built in 1961. This address can also be written as 5923 Carlton Way, Los Angeles, CA 90028.
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This listing information is up-to-date as of June 25, 2025. For the most current information, please contact Brian Noh, (213) 804-7647
