5947 Carlton Way, Los Angeles, CA 90028

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Sold Price
$2,750,000
List Price
$2,900,000
Closing Date
Feb 20, 2026
Status
CLOSED
MLS#
OC25129254
Year Built
1960
Lot Size
9,157
Acres
0.21
Lot Location
Item1115UnitsAcre, Landscaped
Days on Market
154
Property Type
Multifamily
Property Sub Type
Apartment
Stories
Two Levels

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 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 from Carlton 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 corridor.

Additional Information

Appliances
Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Water Heater
Pool Description
None
Heat
Forced Air, Wall Furnace
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Landmark
Exterior Construction
Stucco
Roof
Flat
Garage Spaces Total
14
Sewer
Public Sewer
Water
Public
Interior Features
Ceiling Fan(s), Granite Counters
Attached Structure
Attached
Number Of Units Total
13
Gross Scheduled Income
$252,867
Operating Expense
102687

Listing courtesy of Listing Agent: Brian Noh (brian@nohco.com) from Listing Office: Nohco Real Estate.

Listing sold by Brian Noh from Nohco Real Estate

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Calculator source: Real Geeks

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.