5831 Carlton Way

Los Angeles, CA 90028

$4,450,000
Price
15
Beds
15
Baths
8,618 Sq. Ft.
$516 / Sq. Ft.
8,618
Sq. Ft.
$516
per Sq. Ft.

Description

This fully renovated 10-unit property, located in the heart of Hollywood, features a mix of 1-bedroom and 2-bedroom units. In addition to the building's modern amenities and upgrades, it's situated near iconic locations like Emerson College, Sunset Studios, The W Hotel, and the future Hollywood Central Park. The Carlton @ Hollywood is a smart apartment building that has undergone significant improvements. Recent upgrades include LA earthquake retrofit work, parking gate construction, roofing maintenance,...This fully renovated 10-unit property, located in the heart of Hollywood, features a mix of 1-bedroom and 2-bedroom units. In addition to the building's modern amenities and upgrades, it's situated near iconic locations like Emerson College, Sunset Studios, The W Hotel, and the future Hollywood Central Park. The Carlton @ Hollywood is a smart apartment building that has undergone significant improvements. Recent upgrades include LA earthquake retrofit work, parking gate construction, roofing maintenance, air conditioning maintenance, and security camera installations. The owner has meticulously handled all necessary repairs and improvements to ensure the building is in top condition. Don't miss out on this well-maintained, ideally located, and highly desirable investment opportunity with a great unit mix!
  1. Listed by Sukyoung Lee • DRE #01891854 • Brokerage DRE #01791559 • Redpoint Realty
  2. Listed by Jae Chang • DRE #01752717 • Brokerage DRE #01791559 • Redpoint Realty

Property Details for 5831 Carlton Way

Water Front
None
Zoning
LAR4
Style
Contemporary
Parcel Number
5545004008
Total Units
10.0
Living Area
8618
Source Living Area
Assessor
Area
Hollywood (C20)
LISTING UPDATED: 10/30/2024 12:01 AM

Property Details for 5831 Carlton Way

StatusActive
MLS #24-454633
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
Lot Size0.20 AC / 8,753 SF
CountyLos Angeles County

Building Information for 5831 Carlton Way

Stories2Residences-Year Built1962Building Size-Lot Size0.20 AC / 8,753 SF

Property Information for 5831 Carlton Way

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 10
  • Pets Allowed: Call
  • Amenities: Controlled Access, Other
  • Association Amenities: Controlled Access
  • Community Features: Community Mailbox
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 10
  • View: Yes
  • View Description: City, City Lights, Trees/Woods, Walk Street, Peek-A-Boo
  • View: City Lights, Trees/Woods, Peek-A-Boo
  • Security Features: Carbon Monoxide Detector(s), Card/Code Access, Exterior Security Lights, Automatic Gate, Other, Smoke Detector
  • Direction Faces: South
  • Property Condition: Updated/Remodeled
  • Water: District
  • Sewer: In Street
  • Water Heaters: Yes
  • Water Heater Features: Central Water Heater
  • Building Permit: Yes
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash, Cash To Existing Loan, Contract
  • Disclosures: As Is, Other
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $279,949
  • Net Operating Income: $192,162.00
  • Gross Income: $279,949
  • Cap Rate: 4.32%
  • Gross Rent Multiplier: $15.97
  • Actual Annual Gross Rent: $278,592.48
  • Actual Gross Annual Income: $279,949
  • Laundry Income: $1,337
  • Owner Pays: Other, Gardener, Water
  • Total Annual Expense: 87787
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.2009
  • Lot Size Square Feet: 8753
Parking Details
Parking Details
  • Parking Garage: Assigned, Carport, Controlled Entrance, Driveway
  • Total Parking: 13
  • Parking Features: Assigned, Carport, Controlled Entrance, Driveway
Interior Features
Interior Features
  • Room Type: Living Room, Primary Bathroom
  • Rooms: Living Room, Master Bedroom
  • Levels: One
  • Fireplace Features: Kitchen, Living Room, Primary Bedroom, Gas
  • Fireplace Rooms: Kitchen, Living Room, Other, Master Bedroom, Gas
  • Den: No
  • Family Room: 0
  • Dining Room: 0
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Other, Engineered Hardwood, Ceramic Tile
  • Equipment: Microwave, Garbage Disposal, Range/Oven, Refrigerator, Dishwasher
  • Room Kitchen Features: Kitchen Open to Family Room
  • Kitchen Features: Quartz Counters, Open to Family Room
  • Room Bathroom Features: Low Flow Toilet(s), Low Flow Shower, Remodeled
  • Bathroom Features: Low Flow Toilet(s), Low Flow Shower(s), Remodeled
  • Bedroom Features: Main Floor Bedroom, Master Bedroom
  • Cooking Appliances: Cooktop - Gas, Microwave, Oven
  • Laundry: Community, Laundry Area
  • Laundry Equipment: Lease
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis Court: None
  • Roof: Flat
  • Sprinklers: Sprinkler System
  • Patio Features: Balcony
  • Entry Location: Main Level
  • Windows: Window Blinds, Vertical Blinds, Screens
  • New Construction: No
  • Construction Materials: Adobe
  • Exterior Construction: Adobe
  • Foundation Details: Other
  • Other Structural Features: Balcony
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-22-2024
  • Listing Terms: Contract
  • Tenant Pays: Gas, Electricity, Other
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,652.00
  • Unit Actual Rent: $2,652.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,178.80
  • Unit Actual Rent: $2,178.80
  • Unit Projected Rent: $2,200.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,892.80
  • Unit Actual Rent: $1,892.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,727.40
  • Unit Actual Rent: $2,727.40
  • Unit Projected Rent: $2,800.00
  • Like Units: 4
Unit 5 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $2,054.00
  • Unit Actual Rent: $2,054.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 5
Unit 6 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,548.00
  • Unit Actual Rent: $2,548.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 6
Unit 7 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,820.00
  • Unit Actual Rent: $1,820.00
  • Unit Projected Rent: $2,200.00
  • Like Units: 7
Unit 8 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,300.00
  • Like Units: 8
Unit 9 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,495.00
  • Unit Actual Rent: $2,495.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 9
Unit 10 Information
  • Unit Beds: 2
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,548.00
  • Unit Actual Rent: $2,548.00
  • Unit Projected Rent: $2,800.00
  • Like Units: 10
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $1,093,645.00
  • Assessed Improvement Percent: 25.63
  • Assessed Land Value: $3,172,666.00
  • Assessed Land Percent: 74.37
  • Assessed Total Value: $4,266,311.00
  • Private Transfer Taxes: No

Property History for 5831 Carlton Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5831 Carlton Way

Taxable ValueLand$3,236,119Additions$1,116,017Total$4,352,136
Tax Record2024$53,664 ($4,472 / month)
Home Facts
Total Finished SqFt8,618 SqFtAbove Grade Finished SqFt8,618 SqFtLot Size8,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningLAR4CountyLOS ANGELESAPN5545-004-008

Schools near 5831 Carlton Way

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Charter - 7 to 12
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Grant Elementary School
PublicK to 6

Apex Academy
Charter7 to 12

Hollywood Senior High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5831 Carlton Way is a multi-family home for sale in Los Angeles, CA 90028. This property was listed for sale on October 22, 2024 by Redpoint Realty, it's currently listed at $4,450,000. It has been on the market for a total of 43 days and was last sold on October 2, 2017. This listing's school district is Los Angeles Unified School District. Nearby schools include Grant Elementary School, Apex Academy and Hollywood Senior High School. 5831 Carlton Way is a 15-bed, 15-bath, 8,618 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redpoint Realty, Sukyoung Lee, DRE #01891854; Redpoint Realty, Jae Chang, DRE #01752717

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. 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. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.