5727 Carlton Way
Los Angeles, CA 90028
- – beds
- – baths
- – sqft
- 7,002 sqft lot
- 1928 build
- – on site
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**PRICED TO SELL** We are pleased to present 5727 Carlton Way, a private, secluded architectural gem. This property features a low-rise 4-unit, 1928 apartment-style community, and a 2-unit, 1909, Craftsman-style home that both sit on a 7000 square foot lot in the Hollywood neighborhood of Los Angeles. The area is a highly sought-after location due to it being situated near coffee shops, restaurants, nightlife, trendy retail, and one block from Hollywood Blvd. The site provides easy access to the Metro Rail, 101 freeway, LA Film School, Hollywood Walk of Fame, Griffith Observatory, Sunset Strip, and Melrose, where residents can explore many local mom-and-pop stores. Features of this property include four units that are approximately 750 square feet, one bed, one bath, and a one-story (with the capability of 2 units) Craftsman home of about 1426 square feet. There is a beautiful and tranquil courtyard between the buildings to read, have friends over, or relax. All units are individually metered for Gas and Electric. The laundry is on-site and is to be used by all units. There are three single garages and one surface parking spot at the rear of the property. The property is secured by fencing on all sides and is situated towards the end of a cul-de-sac. If you're looking for your next investment, this is the opportunity. Investment highlights: Great potential to increase base rents to market rents over time and charge current market rates for the vacant units . Three units currently occupied. Perfect opportunity for an investor to redesign the space to their liking. Located in the Qualified California Opportunity Zone. Easy access to Interstate Freeways and convenient local and regional mass public transit. Walking score of 88. For those interested in a potential redevelopment, both the current zoning and surrounding development activity are conducive to maximizing your cash flows via increasing density on the property.
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Last updated Oct 22, 2024
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MLS# 224003555 —
The Building
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Year Built:1928
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Year Built Source:Assessor
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Construction Materials:Plaster
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Architectural Style:Craftsman, Spanish
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Common Walls:No Common Walls
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# of Buildings:2
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Total Number Of Units:5
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Stories Total:2
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# of Separate Gas Meters:5
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# of Separate Water Meters:1
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# of Separate Electric Meters:5
Interior
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Levels:Two
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Entry Location:Ground Level w/Steps
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Flooring:Wood
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Number Wall AC:5
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Fireplace:Yes
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Fireplace:None
Location
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Directions:Please use GPS
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Latitude:34.10081200
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Longitude:-118.31460900
The Property
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Property Type:Residential Income
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Zoning:LAR4
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Lot Features:Yard
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Lot Size Area:7002.0000
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Lot Size Acres:0.1607
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Lot Size SqFt:7002.00
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Lot Size Source:Public Records
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Road Frontage:Alley
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5586035015
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
Appliances
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Included:Yes
The Community
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Senior Community:No
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Private Pool:No
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Association:No
Parking
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Parking:Yes
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Parking:Garage - Three Door
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Parking Spaces:4.00
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Garage Spaces:3.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/22/24
Oct 22, 2024
|
Sold | CRMLS_CA | $1,300,000 | -13.3% |
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10/18/24
Oct 18, 2024
|
Pending | CRMLS_CA | $1,499,999 | |
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8/22/24
Aug 22, 2024
|
Listed / Active | CRMLS_CA | $1,499,999 |
