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$6,250,000
33 Days On Site

5427 Carlton Way
Los Angeles, CA 90027

For Sale|Residential Income|Active
20
Beds
22
Total Baths
15,320
SqFt
$408
/SqFt
1957
Built
County:
Los Angeles
Listed by Demis Dokhanian of JNM Realty, INC. DEMIS@JNMREALTY.COM
5427 Carlton Way5427 Carlton Way5427 Carlton Way5427 Carlton Way
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Monthly Payment (Est.)

$28,515
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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 an 8.51% cash on cash return immediately upon acquisition. Through renovations and improvements, the property has the potential to reach a 7.02% stabilized cap rate and a 13.87% cash on cash return. Additional potential upside through ADUs through utilizing the onsite parking. Buyer to verify.

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Listing Snapshot
Price 
$6,250,000
Days On Site 
33 Days
Bedrooms 
20
Inside Area (SqFt) 
15,320 sqft
Total Baths 
22
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3941 Acres
Year Built 
1957
MLS® Number 
25553221
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.3941
Direction Faces 
South
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
17
Property Condition 
Updated/Remodeled
Security 
Carbon Monoxide Detector(s)Security GateGated CommunityKey Card Entry
Special Circumstances 
Standard
SqFt Total 
15320
Stories 
Multi/Split
Zoning 
LAR4
Interior Features
Appliances 
DryerWasher
Laundry Features 
Common Area
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Exterior Features
Pool Features 
Community
Spa Features 
None
Community Features
Community Features 
GatedPool
Financing Terms Available 
Cash
MLS Area 
C20 - Hollywood


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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