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

5942 Carlton Way, Los Angeles, CA 90028

Residential Income, Spanish, Los Angeles, CA

Property Size3,030 SF
Lot Size0.07 Acres
Price / SF$460.40
Days on Market50

Property Features for 5942 Carlton Way

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR4
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 4, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 1, Bathroom 3, Bedroom 1
Parking features On Street, Garage
Directions South of Hollywood, North of Sunset, West of Bronson, East of Gower
Subdivision Hollywood
Standard status Active
APN 5545-009-015
Size 3,030 SF
Lot size 0.07 Acres

Utilities

Cooling system Ceiling Fan(s)

Amenities

private entrance

Building Details

Year built 1923
Floors in Building 2
Number of units 4
Architectural style Spanish
Listing Agency: Nourmand & Associates-HW
Listed By: Gina Isaac · License #01437713
Added: Aug 12 Changed: Sep 24 Last Checked: Sep 30 at 9:06AM
MLS# 26871829

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1923, this Spanish-style fourplex contains four one-bedroom, one-bathroom residences, each with a private entrance. The property occupies a 0.0652-acre corner lot and uses separate gas and electric meters for the individual units. Two residences are scheduled for delivery vacant, while the other two are occupied by long-term tenants. The vacant units have been freshly painted and are described as move-in ready.

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. LAR4 zoning supports the property’s multifamily classification.

Key Highlights

  • Four one‑bedroom, one‑bathroom units in a Spanish‑style building
  • Two of four units to be delivered vacant; remaining units occupied by long‑term tenants
  • Separate gas and electric metering for each residence

Property Analytics

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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 Nursing Home

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

5,392
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - LAR4-zoned corner property with separate gas and electric metering for each residence.
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‑bathroom units in a Spanish‑style building; Two of four units to be delivered vacant; remaining units occupied by long‑term tenants; Separate gas and electric metering for each residence
More about this property
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