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One Unit Recently Moving Out! 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. 5923 Carlton Way represents a rare opportunity to acquire a stabilized with both in-place cash flow and upside potential in one of Los Angeles' most dynamic rental markets.
| DAYS ON MARKET | 99 | LAST UPDATED | 6/11/2025 |
|---|---|---|---|
| YEAR BUILT | 1961 | COMMUNITY | C20 - Hollywood |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Disposal, Gas Range, Microwave, Range Hood, Water Heater |
| AREA | C20 - Hollywood |
| CONSTRUCTION | Stucco |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s), Granite Counters |
| LOT | 8377 sq ft |
| PARKING | Carport |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW | Yes |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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Based on information from California Regional Multiple Listing Service, Inc. as of 9/18/25 6:32 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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