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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 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 14 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. This is part of the Hollywood Collection offering and can be purchasedindividually or together with 5923 Carlton Way & 1545 Gordon St.
Property Type(s):
Residential Income
| Last Updated | 6/12/2025 | Year Built | 1960 |
|---|---|---|---|
| Community | C20 - Hollywood | Garage Spaces | 14.0 |
| County | Los Angeles |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Gas Range, Microwave, Range Hood, Water Heater |
| AREA | C20 - Hollywood |
| CONSTRUCTION | Stucco |
| GARAGE | Yes |
| HEAT | Forced Air, Wall Furnace |
| INTERIOR | Ceiling Fan(s), Granite Counters |
| LOT | 9161 sq ft |
| LOT DESCRIPTION | Landscaped |
| PARKING | Underground, Garage |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| VIEW | Yes |
| WATER | Public |
Location
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Listed with Nohco Real Estate
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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