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.
Sold for $2,450,000
Listed by: Nohco Real Estate • Brian Noh • Contact: 213-804-7647
Bought with: Joshua Nouri
$2,450,000
5923 Carlton Way, Los Angeles, CA 90028
16beds
16baths
9,248sqft
Multi Family
Built in 1961
-- sqft lot
$2,463,200 Zestimate®
$265/sqft
$3,525 Estimated rent
Home value
$2,463,200
$2.24M - $2.71M
$3,525/mo
Zestimate® history
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List your homeWhat's special
Rooftop accessCoin-operated laundry room
Zillow last checked:
Listing updated:
Listed by:
Brian Noh DRE #01438155 9493085775,
Nohco Real Estate
Bought with:
Ramin Vakilzadeh, DRE #01439509
Joshua Nouri
Source: CRMLS,MLS#: OC25129260
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Rooms
- Room types: Kitchen, Living Room
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Disposal, Gas Range, Microwave, Range Hood, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Ceiling Fan(s), Granite Counters
- Flooring: Carpet, Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 9,248
- Total interior livable area: 9,248 sqft
Property
Parking
- Total spaces: 14
- Parking features: Carport
- Carport spaces: 14
Features
- Levels: Two
- Stories: 2
- Entry location: Front
- Pool features: None
- Spa features: None
- Fencing: Block,Wrought Iron
- Has view: Yes
- View description: Landmark
Lot
- Size: 8,376 Square Feet
- Features: 11-15 Units/Acre
Details
- Parcel number: 5545005015
- Zoning: LAR4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Flat
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
- Security: Fire Sprinkler System, Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $265/sqft
- Date on market: 6/11/2025
- Cumulative days on market: 185 days
- Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange
- Total actual rent: 22262
- Tenant pays: Electricity, Gas, Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $2,450,000-12.5%$265/sqft |
Source:  CRMLS #OC25129260 Report a problem | ||
| 12/15/2025 | Pending sale | $2,800,000$303/sqft |
Source: CRMLS #OC25129260 Report a problem | ||
| 10/21/2025 | Price change | $2,800,000-3.4%$303/sqft |
Source: CRMLS #OC25129260 Report a problem | ||
| 6/25/2025 | Listed for sale | $2,900,000$314/sqft |
Source:  SDMLS #OC25129260 Report a problem | ||
| 4/6/2019 | Listing removed | $1,700 |
Source: Zillow Rental Manager Report a problem | ||
| 3/18/2019 | Price change | $1,700-2.9% |
Source: Zillow Rental Manager Report a problem | ||
| 2/5/2019 | Listed for rent | $1,750 |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Hollywood
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Nearby schools
GreatSchools rating
- 6/10Grant Elementary SchoolGrades: K-6Distance: 0.3 mi
- 3/10Joseph Le Conte Middle SchoolGrades: 6-8Distance: 0.4 mi
- 8/10Hollywood Senior High SchoolGrades: 9-12Distance: 1.2 mi
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Estimated market value
$2,463,200
Get a cash offer in 3 minutes
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Estimated market value
$2,463,200
- California
- Los Angeles County
- Los Angeles
- 90028
- Hollywood
- 5923 Carlton Way
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