$2,900,000

5923 Carlton Way Los Angeles, CA 90028

0.2 acres
Condo

Property details

About 5923 Carlton Way

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. 5923 Carlton Way represents a rare opportunity to acquire a stabilized with both in-place cash flow and upside potential in one of Los Angeles’ most dynamic rental markets. This is part of the Hollywood Collection offering and can be purchased individually or together with 5947 Carlton Way & 1545 Gordon St.

Highlights

Home typeCondominium
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.1923 Acres
Year built1961
ParkingCarport
MLS #OC25129260
ViewOther

Summary

  • Appliances: Disposal, Gas Range, Microwave, Range Hood, Water Heater
  • Flooring Type: Carpet, Laminate, Tile
  • Interior: Ceiling Fan(s), Granite Counters
  • Fireplace: None
  • Private Pool: No
  • Parking: Carport
  • View: Other
  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)
  • List Price: $2,900,000
  • HOA Amount: $0
  • Annual Tax Amount: $24,225
  • Tax Year: 2024
  • Directions: Off 101 fwy, exit Sunset Blvd westbound, turn right on Gordon St, turn right on Carlton Way.
  • Year Built: 1961
  • Stories: 2
  • Lot Size: 0.1923 Acres
  • MLS Number: OC25129260
  • MLS Name: CRMLS
  • Office Name: Nohco Real Estate
  • Office Phone: (949) 308-5775
  • Listing Agent: Brian Noh

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/16/2025, 8:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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5923 Carlton Way, Los Angeles, CA 90028 - view of building exterior featuring an AC wall unit

$2,900,000

5923 Carlton Way

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Price information

Property sales

DateEventPrice
Oct 07, 2008
Home Sold
$291,000

Tax history

YearAssessmentProperty Tax
2024$1,894,719$24,225
2023$1,857,587$23,777
2022$1,821,184$22,715
2021$1,785,495$22,399
2020$1,766,238$21,752
2019$1,731,606$21,572
2018$1,697,654$21,078
2017$1,664,368$21,078

History based on county public records data.

Nearby schools

5

Grant Elementary School

Public District KG-6

0.3 mi

1530 N Wilton Pl

5

Cheremoya Avenue School

Public District PK-6

0.4 mi

6017 Franklin Ave

6

Citizens of the World Charter School Hollywood

Public Charter KG-5

0.4 mi

1316 N Bronson Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $41,923. The most common annual income of people living in Los Angeles, CA is between $35k-100k. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

42%
<35k
47%
35k-100k
11%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

68%
Single, No Kids
11%
Single, with Kids
10%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

10%
<11 yrs old
7%
12-17 yrs old
37%
18-34 yrs old
40%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5923 Carlton Way

The listing price of 5923 Carlton Way property is $2,900,000.

The property 5923 Carlton Way is a condo located in Los Angeles, California, 90028.

Active Listing: 5923 Carlton Way is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5923 Carlton Way are: Grant Elementary School (GreatSchools Rating 5/10), Cheremoya Avenue School (GreatSchools Rating 5/10), Citizens of the World Charter School Hollywood (GreatSchools Rating 6/10), Joseph Le Conte Middle School (GreatSchools Rating 4/10), Bancroft Middle School (GreatSchools Rating 4/10), Thomas Starr King Middle School (GreatSchools Rating 6/10), STEM Academy of Hollywood (GreatSchools Rating 7/10), Apex Academy (GreatSchools Rating 3/10), Helen Bernstein High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $24,225 (source: MLS/based on county public records data).

The last sale was on October 7, 2008 for $291,000 (source: MLS/tax record).

The property at 5923 Carlton Way has 0 bathroom.

The year of construction for 5923 Carlton Way is 1961.

This home is located at 5923 Carlton Way in Los Angeles, CA and zip code 90028 in the Central LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 11, 2025 and is currently priced at $2,900,000.

Los Angeles, CA housing market in May 2025 saw over 325 listings sold above listed price, more than 134 sold at listed price and over 319 sold below. Between April and May 2025, Los Angeles, CA real estate market has seen increase in the number of listings by 8.7%. In May 2025 median list price was $871,794 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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