NOT LISTED FOR SALE

5915 Carlton Way Los Angeles, CA 90028

Hollywood Neighborhood
6 Beds
6 Baths
6,159 Sq Ft
8,276 Sq Ft Lot

Last Sold December 08, 2022

Last sale price $1,925,000 $313 Per Sq Ft

79 Days on Market

About This Home

As of December 2022

We are pleased to offer for sale this high character six-unit apartment community located at 5915 Carlton Way in the heart of Los Angeles' Hollywood neighborhood. As one of Los Angeles' most densely populated neighborhoods, Hollywood is a highly sought-after submarket due to its vibrant and lively nightlife, trendy retail, and coffee shops within the immediate area. This area has been attracting families, young professionals, and trendsetters alike in recent years. Located south of Hollywood Boulevard, west of the 101 Freeway, and situated on an 8,276 square foot parcel, the property is comprised entirely of one-bedroom and one-bedroom + den units. Two of the units will be delivered vacant. This will be the first time the subject property has been on market in over 40 years. The continued gentrification of the surrounding area along with the value-add potential for a new owner to immediately renovate vacant units and achieve superior future returns moving forward makes 5915 Carlton Way an excellent acquisition opportunity.

Last Agent to Sell the Property

Sean Rosenzweig

Marcus & Millichap License #01406343 Listed on: 08/30/2022

Last Buyer's Agent

Elliot Hassan

NorthMarq Realty Services, Inc. License #01481211

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1935

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 50x166

Interior Spaces

  • 6,159 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 6 Parking Spaces
  • Covered Parking

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 5545-005-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 6159
  • Lot Acreage: 0.1900
  • Lot Dimensions: 50x166
  • Stories: 2
  • Year Built: 1935
  • Number Of Photos: 14
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 6.00
  • Price Per S Q F T: 323.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Covered Parking
  • Total Parking: 6

Lot Info

  • Assessed Improvement Percent: 47.70
  • Assessed Improvement Value: 200836
  • Assessed Land Percent: 52.3
  • Assessed Land Value: 220229
  • Total Assessed Value: 421065
  • Assessor Parcel Number: 5545-005-014
  • Lot Size Area: 8276

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111
  • Gross Rent Multiplier: 13.65
  • Number Of Units: 6
  • Total Annual Expense: 52614
  • Type Of Units: Residential
  • Vacancy Rate: 2 Units

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2022 12/08/22 Sold $1,925,000 -3.5% $313 / Sq Ft
11/17/2022 11/17/22 Pending -- -- --
11/14/2022 11/14/22 For Sale $1,995,000 +3.6% $324 / Sq Ft
11/14/2022 11/14/22 Off Market $1,925,000 -- --
11/10/2022 11/10/22 Price Changed $1,995,000 -9.1% $324 / Sq Ft
08/30/2022 08/30/22 For Sale $2,195,000 -- $356 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sean Rosenzweig

    Seller's Agent in 2022

    Sean Rosenzweig

    Marcus & Millichap

    (213) 943-1800

    6 in this area

    68 Total Sales

    Sean Rosenzweig
    Section Image
  • Elliot Hassan

    Buyer's Agent in 2022

    Elliot Hassan

    NorthMarq Realty Services, Inc.

    (213) 943-1800

    1 in this area

    37 Total Sales

    Elliot Hassan
    Section Image
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Map

Source: The MLS

MLS Number: 22-194613

The MLS
California Los Angeles County Los Angeles 90028 Hollywood

5915 Carlton Way, Los Angeles, CA

This home is located at 5915 Carlton Way, Los Angeles, CA 90028 since 30 August 2022. This property was built in 1935. 5915 Carlton Way is a home located in Los Angeles County with nearby schools including Grant Elementary School, Joseph Le Conte Middle School, and Hollywood Senior High School.

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