5923 Carlton Way, Los Angeles, CA 90028
- $2,450,000
- Sold Price
- $2,450,000
- List Price
- $2,800,000
- Closing Date
- Dec 31, 2025
- Status
- CLOSED
- MLS#
- OC25129260
- Year Built
- 1961
- Lot Size
- 8,376
- Acres
- 0.19
- Lot Location
- 11-15 Units/Acre
- Days on Market
- 185
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
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.
Additional Information
- Appliances
- Disposal, Gas Range, Microwave, Range Hood, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- View
- Landmark
- Exterior Construction
- Stucco
- Roof
- Flat
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Ceiling Fan(s), Granite Counters
- Attached Structure
- Attached
- Number Of Units Total
- 12
- Gross Scheduled Income
- $267,142
- Operating Expense
- 96163
Listing courtesy of Listing Agent: Brian Noh (brian@nohco.com) from Listing Office: Nohco Real Estate.
Listing sold by Ramin Vakilzadeh from Joshua Nouri
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.