5727 Carlton Way Los Angeles, CA 90028
Hollywood Neighborhood
6
Beds
6
Baths
4,426
Sq Ft
7,002
Sq Ft Lot
Highlights
- Craftsman Architecture
- 3 Car Detached Garage
- Property is Fully Fenced
- Engineered Wood Flooring
- Fireplace
- Wood Siding
About This Home
As of October 2024**PRICED TO SELL** We are pleased to present 5727 Carlton Way, a private, secluded architectural gem. This property features a low-rise 4-unit, 1928 apartment-style community, and a 2-unit, 1909, Craftsman-style home that both sit on a 7000 square foot lot in the Hollywood neighborhood of Los Angeles. The area is a highly sought-after location due to it being situated near coffee shops, restaurants, nightlife, trendy retail, and one block from Hollywood Blvd. The site provides easy access to the Metro Rail, 101 freeway, LA Film School, Hollywood Walk of Fame, Griffith Observatory, Sunset Strip, and Melrose, where residents can explore many local mom-and-pop stores. Features of this property include four units that are approximately 750 square feet, one bed, one bath, and a one-story (with the capability of 2 units) Craftsman home of about 1426 square feet. There is a beautiful and tranquil courtyard between the buildings to read, have friends over, or relax. All units are individually metered for Gas and Electric. The laundry is on-site and is to be used by all units. There are three single garages and one surface parking spot at the rear of the property. The property is secured by fencing on all sides and is situated towards the end of a cul-de-sac. If you're looking for your next investment, this is the opportunity. Investment highlights: Great potential to increase base rents to market rents over time and charge current market rates for the vacant units . Three units currently occupied. Perfect opportunity for an investor to redesign the space to their liking. Located in the Qualified California Opportunity Zone. Easy access to Interstate Freeways and convenient local and regional mass public transit. Walking score of 88. For those interested in a potential redevelopment, both the current zoning and surrounding development activity are conducive to maximizing your cash flows via increasing density on the property.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 7,002 Sq Ft Lot
- Property is Fully Fenced
Parking
- 3 Car Detached Garage
- Alley Access
- Three Garage Doors
Home Design
- Craftsman Architecture
- Spanish Architecture
- Wood Siding
- Plaster
Interior Spaces
- 4,426 Sq Ft Home
- 2-Story Property
- Fireplace
- Laundry in unit
Flooring
- Engineered Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Full Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Tenant pays for trash, gas, electricity, cable TV
- Assessor Parcel Number 5586035015
- Seller Concessions Not Offered
- Seller Will Consider Concessions
Community Details
Overview
- 2 Buildings
- Low-Rise Condominium
Building Details
- 3 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2025 06/09/25 | Price Changed | $3,150 | -12.4% | $4 / Sq Ft |
| 05/19/2025 05/19/25 | For Rent | $3,595 | 0.0% | -- |
| 10/22/2024 10/22/24 | Sold | $1,300,000 | -13.3% | $294 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $1,499,999 | -- | $339 / Sq Ft |
Source: Conejo Simi Moorpark Association of REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Jennifer Martin
J
Seller's Agent in 2025
Jennifer Martin
Christie's International Real Estate SoCal
(213) 605-6296
-
Scott Moore
Seller Co-Listing Agent in 2025
Scott Moore
Christie's International Real Estate SoCal
(310) 678-7855
1 in this area
74 Total Sales
-
Susan Stetson
Seller's Agent in 2024
Susan Stetson
RE/MAX ONE
(818) 335-2676
1 in this area
39 Total Sales
Map
Source: Conejo Simi Moorpark Association of REALTORS®
MLS Number: 224003555
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