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Spanish-Style Quadplex
For Sale
$1,395,000

5942 Carlton Way, Los Angeles, CA 90028

Four separately metered one-bedroom residences on a low-maintenance corner lot, with two units available at closing.

Property Size3,030 SF
Price / SF$460.40
Days on Market13

Property Features for 5942 Carlton Way

General Information

Standard status Active
Size 3,030 SF
Property subtype MULTI_FAMILY
Zoning LAR4
Occupancy 50%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Building Details

Building Size 3,030 SF
Year Built 1923
Buildings 1
Construction Spanish-style
Tenancy Multi
Listing Agency: Nourmand & Associates-HW
Listed By: Gina Isaac · License #01437713
Source: Carolinakramer
Added: Aug 12 Changed: Aug 23 Last Checked: Aug 24 at 1:38PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nourmand & Associates-HW

Investment Insights

Based on property information with market context.

Built in 1923, this Spanish-style quadplex contains four one-bedroom, one-bath residences, each with a private entrance. Gas and electricity are separately metered for every unit. Two residences are expected to be delivered vacant; both have been freshly painted and are ready for occupancy. The other two units are occupied by long-term tenants, providing existing tenancy within the property.

The building occupies a corner lot governed by LAR4 zoning. There is no on-site parking or landscaping, supporting a simplified physical layout. The property is located at 5942 Carlton Way in Los Angeles, near Hollywood Boulevard, Sunset Boulevard, Netflix, Paramount Studios, shopping, restaurants, entertainment, and Metro transit.

Key Highlights

  • Four one‑bedroom, one‑bath units, each with a private entrance
  • Two of the four units delivered vacant; both freshly painted and move‑in ready
  • Separate gas and electricity meters for every residence

Property Analytics

Current Use

King Acuriminal' Sports Field & Court

Suggested Use

Top Pick Auto Parts Store Butcher (Bike/Boat/Book/etc) Store Adult Day Care Clothing & Fashion Store Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
50%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

4,888
Businesses Nearby

Demographics for 90028, CA

32,330
Population
22,344
Households
1.4
Avg Household Size
36
Median Age
49%
College-Educated
90%
High-School Grad
1.5 sq mi
ZIP Area
21,553
Density / Sq Mi
$59,393
Median Household Income
$45,325
Median Earnings
$1,839
Median Rent
$970,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered one-bedroom residences on a low-maintenance corner lot, with two units available at closing.
Where is this quadplex located?
The property is located at 5942 Carlton Way Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bath units, each with a private entrance; Two of the four units delivered vacant; both freshly painted and move‑in ready; Separate gas and electricity meters for every residence
More about this property
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