5923 Carlton WAY Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90028
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25129260
Year Built 1961
Lot Size 8,376 Sqft
Source California Regional MLS
Property Description
PRICE REDUCTION! Two Units to be Delivered Vacant! 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.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Rooms
Kitchen Garbage Disposal,Hood Over Range,Microwave,Oven Range - Gas
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Flooring Laminate
Laundry Gas Hookup,In Laundry Room,30
Exterior
Parking Features Carport
Garage Spaces 14.0
Pool 31,None
View Other
Roof Type Flat / Low Pitch
Building
Water Hot Water,District - Public
Others
Tax ID 5545005015
Special Listing Condition Not Applicable