This Multifamily Property is no longer advertised on LoopNet.com.

5741 Carlton Way
Hollywood, CA 90028
Carlton Palms · Multifamily Property For Sale · 51 Units

Property Facts

No. Units 51
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.67 AC
Building Size 31,225 SF
No. Stories 3
Year Built 1963
Parking Ratio 2.11/1,000 SF
Zoning R4

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Storage Space
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range

Site Amenities

  • Fitness Center
  • Laundry Facilities
  • Tanning Salon
  • Smoke Free
  • Elevator
  • Smoke Detector

About 5741 CARLTON WAY , HOLLYWOOD, CA 90028

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Carlton Palms, a 51-unit multifamily community located in Hollywood. Originally built in 1963, Carlton Palms represents an opportunity to acquire a midsize multifamily asset in one of the most sought after submarkets in Los Angeles County. Additionally, while the property has been well maintained, it is perfectly suited for a renovation program that would allow investors to increase rental income by approximately 43%.

Property Taxes

Property Taxes

Parcel Number
5586-035-037
Land Assessment
$8,936,509
Improvements Assessment
$3,829,931
Total Assessment
$12,766,440
  • Listing ID: 5850460

  • Date on Market: 2/14/2017

  • Last Updated:

  • Address: 5741 Carlton Way, Hollywood, CA 90028

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