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$2,750,000
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Property Description
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.
Full Property Details
Full Property Details for 5947 Carlton Way
General
- Sold For: $2,750,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC25129254
- Added to Site: 266 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Interior Features: Ceiling Fan(s), Granite Counters
- Fireplace(s): None
- Appliances: Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Water Heater
Rooms
Other Rooms
- Laundry: Gas Dryer Hookup, Individual Room, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 14
- Parking Features: Garage, Subterranean
- Parking: Garage, Subterranean
Location
- Area: C20 - Hollywood
- County: Los Angeles
- Development Name: C20 - Hollywood
- Driving Directions: Off 101 fwy, exit Sunset Blvd westbound, right on Gordon St towards Carlton Way.
- Direction Faces: South
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Forced Air, Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 14
- # Electric Meters: 14
Structural Information
- Roof: Flat
- Windows: Double-Pane Windows
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 10,746
- Year Built: 1960
Unit Information
Unit 1
- Number of Units: 2
- Total Bathrooms: 1
Unit 2
- Number of Units: 8
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 3
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Property View: Landmark
- Lot Size (Acres): 0.2102
- Lot Size Source: Estimated
- Zoning: LAR4
- Lot Description: 11-15 Units/Acre, Landscaped
Financial Considerations
- Price Per Sq. Ft.: $255.91
- Price Per Unit: 223077
Listed and Sold by Nohco Real Estate, Brian Noh
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Schools
Schools serving 5947 Carlton Way
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Grant Elementary School, Los Angeles, CA 1530 Wilton Place, Los Angeles, CA 90028 | K-6 | 0.4 mi |
Joseph Le Conte Middle School 1316 N. Bronson Ave., Los Angeles, CA 90028 | 6-8 | 0.4 mi |
Hollywood Senior High School 1521 Highland Avenue, Los Angeles, CA 90028 | 9-12 | 1.2 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 5947 Carlton Way
Date
Details
Price
Change
Source
2/20/2026
Sold
$2,750,000
-5.17%
MLS
6/12/2025
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.
5947 Carlton Way, Los Angeles, CA 90028 (MLS# OC25129254) is a Multi-Family property that was sold at $2,750,000 on February 20, 2026. Want to learn more about 5947 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.

