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$2,450,000

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 5923 Carlton Way

General

  • Sold For: $2,450,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC25129260
  • Added to Site: 265 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Living Room
  • Interior Features: Ceiling Fan(s), Granite Counters
  • Fireplace(s): None
  • Appliances: Disposal, Gas Range, Microwave, Range Hood, Water Heater
  • Flooring: Carpet, Laminate, Tile

Rooms

Other Rooms

  • Laundry: Gas Dryer Hookup, Individual Room, Washer Hookup

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Parking Features: Carport
  • Parking: Carport

Location

  • Area: C20 - Hollywood
  • County: Los Angeles
  • Development Name: C20 - Hollywood
  • Driving Directions: Off 101 fwy, exit Sunset Blvd westbound, turn right on Gordon St, turn right on Carlton Way.

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 13
  • # Electric Meters: 13

Structural Information

  • Roof: Flat
  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 9,248
  • Year Built: 1961

Unit Information

Unit 1

  • Number of Units: 8
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 4
  • Total Bathrooms: 2
  • Bedrooms: 2

Lot Features

  • Property View: Landmark
  • Lot Size (Acres): 0.1923
  • Lot Size Source: Assessor
  • Zoning: LAR4
  • Lot Description: 11-15 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $264.92
  • Price Per Unit: 233333

Listed by Nohco Real Estate, Brian Noh
Sold by Joshua Nouri, Ramin Vakilzadeh

Listing agent

— 5923 Carlton Way —

  • Brian Noh

    Nohco Real Estate

9493085775

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5923 Carlton Way

School District:Los Angeles Unified School District
NameGradesDistance
Grant Elementary School, Los Angeles, CA
1530 Wilton Place, Los Angeles, CA 90028
K-60.3 mi
Joseph Le Conte Middle School
1316 N. Bronson Ave., Los Angeles, CA 90028
6-80.4 mi
Hollywood Senior High School
1521 Highland Avenue, Los Angeles, CA 90028
9-121.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5923 Carlton Way

Date
Details
Price
Change
Source
12/31/2025
Sold
$2,450,000
-12.5%
MLS
10/21/2025
Price Reduced
$2,800,000
-3.45%
MLS
6/11/2025
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Nohco Real Estate, Brian Noh
Sold by Joshua Nouri, Ramin Vakilzadeh

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5923 Carlton Way, Los Angeles, CA 90028 (MLS# OC25129260) is a Multi-Family property that was sold at $2,450,000 on December 31, 2025. Want to learn more about 5923 Carlton Way? Do you have questions about finding other Multi-Family real estate for sale in Hollywood? You can browse all Hollywood real estate or contact a Coldwell Banker agent to request more information.