5535 Carlton Way - Apartments FOR SALE
Los Angeles, CA 90028 |
5535 Carlton Way
Los Angeles, CA 90028
HIGHLIGHTS
- Substantially renovated asset with impressive curb appeal
- 6.53% going-in cap rate and 9.6 GRM with ±16% upside in rental income
- Steps away from major employment hubs such as Netflix and Sunset Studios | Less than one block from Hollywood/Western Metro Station
- Recently replaced roof, modernized elevator, upgraded plumbing systems, new electrical subpanels, and high-end interior renovations in select units
- Gated garage with ample parking, landscaped central courtyard, spacious back patio, and ADU Potential
- Strong projected rent growth due to historically low development pipeline
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
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% LEASED
-
BUILDING DETAILS
PROPERTY NAME
The Carlton Apartments
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
26403
STORIES
3
YEAR BUILT
1965
PARKING SPACES
34
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5544-025-028
