5427 Carlton Way, Los Angeles, CA 90027
- $5,080,000
- 20
- BD
- 22
- BA
- 15,320
- SqFt
- Sold Price
- $5,080,000
- List Price
- $5,500,000
- Closing Date
- Dec 30, 2025
- MLS#
- 25553221
- Year Built
- 1957
- Bedrooms
- 20
- Bathrooms
- 22
- Living Sq. Ft
- 15,320
- Lot Size
- 17,165
- Days on Market
- 183
- Property Type
- Multifamily
- Stories
- 2
Property Description
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.
Additional Information
- Other Buildings
- None
- Pool
- Yes
- Pool Description
- Community
- Heat
- Wall Electric
- Cooling
- Air Conditioning
- View
- Courtyard
- Number of Cars in Garage
- Covered Parking
Mortgage Calculator
Courtesy of JNM Realty, INC., Demis Dokhanian - CA DRE#01940496 Selling Office: .
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