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5950 Carlton Way
Los Angeles, CA 90028
Carlton · Multifamily Property For Sale · 14 Units

Property Facts

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.21 AC
Building Size 9,856 SF
Average Occupancy 93%
No. Stories 2
Year Built 1958
Parking Ratio 0.81/1,000 SF
Zoning R4, Los Angeles

About 5950 CARLTON WAY , LOS ANGELES, CA 90028

Marcus & Millichap is proud to present the exclusively listed fourteen-unit apartment building addressed at 5950 Carlton Way, in Prime Hollywood. Centered just between Sunset and Hollywood steps from Vine, the property boasts an A+ location. The extensively rehabilitated units are stellar, with a mix of ten 1+1s and four spacious studios. Built in 1958, the buildings retro hardwood floors, custom cabinetry, new kitchens, impeccable upkeep and ample parking has proven to be magnetic for the upper-echelon renter all landlords strive to attract. Boasting a walk-score of 83, the Hollywood staple is barely steps to Hollywoods Pantages Theater, Sunset Gower Studios, the Walk of Fame, and umpteen foodie magnets including Katsuya Hollywood, Roscoe's Chicken and Waffles, Stout Burgers & Beers and Kitchen24. In addition to the tourist famous tourist draw, Hollywood is making way for thousands of new apartment units with the hopes of housing the work upper middle class thats become the young Hollywood generation thats moving to the pocket annually as evidenced by Netflixs announcement as they will be occupying the 13-story Gensler-designed building down the street at Sunset and Gordon. Additional developments include a 507-unit mixed-use building by Hollywood and Vine, a 22-Story 220-unit by Sunset & Gower, and the Palladium-adjacent 270-Unit Sunset & El Centro project composed above retail. * Buyer to verify all information independently and w/ listing broker * Listing Broker makes no representations nor warranties from assumptions created by marketing materials

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 $1,052 -
1+1 10 $1,756 -

Property Taxes

Property Taxes

Parcel Number
5545-007-016
Land Assessment
$1,180,686
Improvements Assessment
$785,030
Total Assessment
$1,965,716
  • Listing ID: 14052665

  • Date on Market: 10/12/2018

  • Last Updated:

  • Address: 5950 Carlton Way, Los Angeles, CA 90028

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