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Listed by Brian Noh • Nohco Real Estate
$ 2,900,000
Est. payment | /mo
10,746 SqFt
$ 2,900,000
Est. payment | /mo
10,746 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 10,746 sqft
Price per Sqft $269
MLS Listing ID CROC25129254
HOA Y/N No
Year Built 1960
Lot Size 9,157 Sqft
Property Sub-Type Other
Source Datashare California Regional
Property Description
5947 Carlton Way is a turnkey 13-unit multifamily asset ideally positioned in the heart of Hollywood—one of Los Angeles' most sought-after rental markets. Built in 1960 and situated on a 9,157 SF lot zoned LA-R4, this well-maintained 2-story property is approx 10,746 SF in size and features a desirable and diverse unit mix:(2) studios, (8) one-bed/one-bath units, and (3) two-bed/one+half-bath units. This balanced layout attracts a wide range of tenants and supports consistent occupancy. A standout feature in this dense urban market is the 14 gated underground parking spaces, offering convenience and added value rarely found in similar properties. Residents also benefit from on-site amenities including a coin-operated laundry room, private balconies, and an intercom and camera system for enhanced security. Recent capital improvements—including fresh exterior paint, new dual-pane windows throughout, and replaced plumbing—reduce deferred maintenance and position the property for strong long-term performance. Located steps fromCarlton Way Park and in close proximity to major Hollywood developments, employers, and landmarks, 5947 Carlton Way presents investors with a rare opportunity to acquire a stabilized, low-maintenance asset with immediate cash flow in a high-demand rental
Location
State CA
County Los Angeles
Interior
Heating Forced Air, Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Laundry Laundry Room, Other
Exterior
View Other
Building
Lot Description Other
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Ray Marquez
Broker-Associate | Lic# CA DRE#01800314 AZ# BR70577800