5947 Carlton Way, Los Angeles, CA 90028
Property
Sold February 2026
Listing Agent: Brian Noh (DRE #01438155) · Listing Office: Nohco Real Estate · Contact: 9493085775 · Bought with: Brian Noh · Nohco Real Estate · MLS #OC25129254 · Source: CRMLS
About this property
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.
Listing description from the February 2026 sale, as reported to CRMLS.
Sale history