5923 Carlton Way, Los Angeles, CA 90028

About this property

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.

Listing description from the December 2025 sale, as reported to CRMLS.

Sale history

$2,450,000

Sold December 2025 · listed $2,800,000, orig. $2,900,000, on market June 2025 · MLS #OC25129260 · Source: CRMLS

Listing Agent: Brian Noh · Listing Office: Nohco Real Estate · Contact: 9493085775 · Bought with: Ramin Vakilzadeh · Joshua Nouri

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