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5923 Carlton Way

Los Angeles, CA 90028

– beds
– baths
– sqft
8,376 sqft lot
1961 build
– on site

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. This is part of the Hollywood Collection offering and can be purchased individually or together with 5947 Carlton Way & 1545 Gordon St.

Listed By CRMLS_CA / Brian Noh / Nohco Real Estate / 9493085775

Last checked: Checking… • Last updated Jun 25, 2025 •

MLS# OC25129260 —

The Building

Year Built:

1961
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Stucco
Building Area Total:

9248.00
Building Area Units:

Square Feet
Total Number Of Units:

12
# of Buildings:

1
Roof:

Flat
Stories Total:

2
Entry Level:

1
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

13
# of Separate Water Meters:

1
# of Separate Electric Meters:

13

Interior

Features:

Ceiling Fan(s), Granite Counters
Levels:

Two
Entry Location:

Front
Flooring:

Carpet, Laminate, Tile
Room Type:

Kitchen, Living Room
Fireplace:

No
Fireplace:

None
Laundry:

Gas Dryer Hookup, Individual Room, Washer Hookup
Laundry:

1

Location

Directions:

Off 101 fwy, exit Sunset Blvd westbound, turn right on Gordon St, turn right on Carlton Way.
Latitude:

34.10077100
Longitude:

-118.31878500

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

LAR4
Lot Features:

11-15 Units/Acre
Lot Size Area:

8376.0000
Lot Size Acres:

0.1923
Lot Size SqFt:

8376.00
Lot Size Source:

Assessor
View:

1
View:

Landmark
Fencing:

Block, Wrought Iron
Fence:

Yes
Security Features:

Fire Sprinkler System, Smoke Detector(s)
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

1910.00
Tax Tract:

2
Tax Lot:

16

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5545005015

Heating & Cooling

Heating:

1
Heating:

Wall Furnace
Cooling:

Yes
Cooling:

Wall/Window Unit(s)

Utilities

Utilities:

Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Disposal, Gas Range, Microwave, Range Hood, Water Heater
Included:

Yes

The Community

Features:

Curbs, Sidewalks, Street Lights
Pool:

None
Senior Community:

No
Private Pool:

No
Spa Features:

None
Assessments:

Yes
Assessments:

Buyer to Verify

Parking

Parking:

Yes
Parking:

Carport
Parking Spaces:

14.00
Carport Spaces:

14.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
6/11/25 Jun 11, 2025	Listed / Active	CRMLS_CA	$2,900,000

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This multifamily located in Central LA, Los Angeles, CA 90028 is currently for sale for $2,900,000. 5923 Carlton Way is a – square foot multifamily with – beds and – baths that has been on Estately for 17 days. 5923 Carlton Way is in the Central LA neighborhood of Los Angeles and has a WalkScore® of 88, making it very walkable. This multifamily is in the attendance area of Joseph Le Conte Middle School, Grant Elementary School, and Hollywood Senior High School.

Listing Courtesy of: CRMLS_CA and Nohco Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 00:13 on Jun 28.

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.