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.
Sold for $2,750,000
Listed by: Nohco Real Estate • Brian Noh • Contact: 213-804-7647
Bought with: Nohco Real Estate
$2,750,000
5947 Carlton Way, Los Angeles, CA 90028
14beds
16baths
10,746sqft
Multi Family
Built in 1960
-- sqft lot
$2,767,700 Zestimate®
$256/sqft
$4,123 Estimated rent
Home value
$2,767,700
$2.52M - $3.04M
$4,123/mo
Zestimate® history
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Fresh exterior paintNew dual-pane windows
Zillow last checked:
Listing updated:
Listed by:
Brian Noh DRE #01438155 9493085775,
Nohco Real Estate
Bought with:
Brian Noh, DRE #01438155
Nohco Real Estate
Source: CRMLS,MLS#: OC25129254
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 16
Rooms
- Room types: Kitchen, Living Room
Heating
- Forced Air, Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Water Heater
- Laundry: Washer Hookup, Gas Dryer Hookup, Laundry Room
Features
- Ceiling Fan(s), Granite Counters
- Windows: Double Pane Windows
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: Item2CommonWalls
Interior area
- Total structure area: 10,746
- Total interior livable area: 10,746 sqft
Property
Parking
- Total spaces: 14
- Parking features: Underground, Garage
- Garage 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: 9,157 Square Feet
- Features: Item1115UnitsAcre, Landscaped
Details
- Parcel number: 5545005018
- 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: 1960
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: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $256/sqft
- Date on market: 6/12/2025
- Cumulative days on market: 154 days
- Listing terms: Cash,Cash to New Loan,Conventional,Item1031Exchange
- Total actual rent: 21072
- Tenant pays: Cable TV, Electricity, Gas, Telephone
Price history
| Date | Event | Price |
|---|---|---|
| 2/20/2026 | Sold | $2,750,000-5.2%$256/sqft |
Source:  CRMLS #OC25129254 Report a problem | ||
| 12/2/2025 | Pending sale | $2,900,000$270/sqft |
Source: CRMLS #OC25129254 Report a problem | ||
| 10/7/2025 | Listed for sale | $2,900,000$270/sqft |
Source: CRMLS #OC25129254 Report a problem | ||
| 9/23/2025 | Pending sale | $2,900,000$270/sqft |
Source: CRMLS #OC25129254 Report a problem | ||
| 6/24/2025 | Listed for sale | $2,900,000$270/sqft |
Source:  SDMLS #OC25129254 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: 0.4 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
$2,767,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,767,700
- California
- Los Angeles County
- Los Angeles
- 90028
- Hollywood
- 5947 Carlton Way
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