This Property is no longer advertised on Showcase.com.
Off Market
1/7

5643 Carlton Way
Los Angeles, CA 90028


HIGHLIGHTS

  • A COMPELLING TURN-KEY WITH UPSIDE - Offers investors a proven interior renovation scope to emulate and capture 29% in remaining rental income upside.
  • COMMON AREA CAPEX NEEDS ALREADY ADDRESSED
  • HIGH IMPACT IMPROVEMENTS - Notable capital improvements include seismic retrofitting in the parking garage, fully re-building rear balconies, & more.
  • STEPS FROM HOLLYWOOD BOULEVARD - Hollywood is a high demand rental market. 96% of the population are renters and 58% are between the ages of 20 and 44
  • A TRUE LIVE, WORK, PLAY LOCATION - Offers residents a true live, work, play environment just steps from Franklin Village and some of Hollywood's best.
  • STRONG RECENT LEASING - The Property recently achieved $2,399 on a renovated 1-bedroom and $2,999 on a renovated 2-bedroom.

FOR SALE DETAILS

PRICE

-

# OF UNITS

-

CAP RATE

-

% LEASED

-

BUILDING DETAILS

PROPERTY NAME

Clover on Carlton

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

21651

STORIES

3

YEAR BUILT

1964

PARKING SPACES

24

LAND DETAILS

LAND ACRES

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LAND SF

-

ZONING

-

APN/PARCEL ID

5544-026-023