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5731 Carlton Way
Los Angeles, CA 90028
Courtyard Building | 50% Upside | LAR4 (TOC3) · Multifamily Property For Sale · 10 Units

Property Facts

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.20 AC
Building Size 3,458 SF
Average Occupancy 100%
No. Stories 1
Year Built 1923
Parking Ratio 1.74/1,000 SF
Zoning R4-2, Los Angeles

Amenities

Site Amenities

  • Laundry Facilities

About 5731 CARLTON WAY , LOS ANGELES, CA 90028

Matthews Real Estate is pleased to present investors with the opportunity to acquire this attractive 10-unit bungalow style building on Carlton Way. Located inside Hollywood’s Studio District, this value add opportunity boasts over 50% rental upside potential for future investors. With Viacom and Netflix located nearby, investors will be able to capitalize on the continual demand for multifamily housing that this area has to offer. Enter through the property’s secured gated entry into a courtyard that surrounds you with (10) ten – 1Bed/1Bath units. These bungalow units are situated on a large 8,750SF lot with LAR4 Zoning – TOC Tier 3 Site. Walking distance from many restaurants, groceries, bars, theaters, and museums, take a stroll outside and enjoy the amenities that this favorable location in Hollywood has to offer.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 - 350

Property Taxes

Property Taxes

Parcel Number
5586-035-016
Land Assessment
$1,446,360
Improvements Assessment
$408,000
Total Assessment
$1,854,360
  • Listing ID: 13963963

  • Date on Market: 10/4/2018

  • Last Updated:

  • Address: 5731 Carlton Way, Los Angeles, CA 90028

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