- 3 Beds
- 3 Baths
- 15,320 Sqft
- .39 Acres
5427 Carlton Way
JNM Realty Inc is proud to present, on an exclusive basis, a 22-unit low-rise apartment complex in the heart of East Hollywood with tremendous in-place cash flow. The asset has been professionally managed and maintained over the past 11 years and presents the opportunity for a new investor to improve the facility and its financial output through extended renovations. Community amenities include a pool, laundry room, and onsite parking. The property has been extremely well-maintained with improvements to the exterior facade and sixteen (16) of twenty-two (22) units fully renovated featuring new flooring, electrical, plumbing, and mini splits. There are (17) onsite parking spaces, non-tandem. A qualified investor could assume the favorable 3.20% interest-only rate through March 2026, amortizing through March 2027. This results in a 10.83% cash on cash return immediately upon acquisition. Through renovations and improvements, the property has the potential to reach a 7.65% stabilized cap rate and a 17.67% cash on cash return. Additional potential upside through ADUs through utilizing the onsite parking. Buyer to verify.
Essential Information
- MLS® #25553221
- Price$5,800,000
- Bedrooms3
- Bathrooms3.00
- Square Footage15,320
- Acres0.39
- Year Built1957
- TypeResidential Income
- StatusActive
Community Information
- Address5427 Carlton Way
- AreaC20 - Hollywood
- CityLos Angeles
- CountyLos Angeles
- Zip Code90027
Amenities
- Parking Spaces17
- ParkingCovered
- GaragesCovered
- ViewCourtyard
- Has PoolYes
- PoolCommunity
Interior
- AppliancesDryer, Washer
- # of Stories2
- StoriesMulti/Split
Additional Information
- Date ListedJune 17th, 2025
- Days on Market99
- ZoningLAR4
Listing Details
- AgentDemis Dokhanian
- OfficeJNM Realty, INC.
Price Change History for 5427 Carlton Way, Los Angeles, (MLS® #25553221)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $6,250,000 to $5,800,000 |
Demis Dokhanian, JNM Realty, INC..
Based on information from California Regional Multiple Listing Service, Inc. as of September 25th, 2025 at 2:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.