5947 Carlton WAY new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90028
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25129254
Year Built 1960
Lot Size 9,160 Sqft
Property Sub-Type Apartment
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 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 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. This is part of the Hollywood Collection offering and can be purchasedindividually or together with 5923 Carlton Way & 1545 Gordon St.
Location
State CA
County Los Angeles
Area C20 - Hollywood
Zoning LAR4
Interior
Heating Forced Air,Wall Furnace
Cooling Wall/Window Unit(s)
Fireplaces Type None
Laundry Washer Hookup,Gas Dryer Hookup,Laundry Room
Exterior
Parking Features Underground,Garage
Garage Spaces 14.0
Garage Description 14.0
Fence Block,Wrought Iron
Pool None
Community Features Curbs,Street Lights,Sidewalks
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
View Y/N Yes
View Landmark
Roof Type Flat
Building
Lot Description 11-15 Units/Acre,Landscaped
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard