6046 Carlton Way, Los Angeles, CA 90028 6046 Carlton Way 3 Unit Apartment Building $2,051,520 CAD ($683,840 CAD/Unit) 2.94% Cap Rate Los Angeles, CA 90028

6046 Carlton Way is a charming three-unit building located in the heart of Hollywood! Built in 1910, the property consists of approximately 3,016 sf on a 6,750 sf LAR4-zoned lot. The unit mix features two (2) two-bed/one-bath units and one (1) one-bed/one-bath unit, with each unit offering generous layouts of just over 1,000 sf on average. The property is zoned LAR4, allowing for the development of up to 16 units by-right, with the potential to increase density to 28 units under TOC Tier 3 incentives (buyer to verify). Two (2) units VACANT!
Situated near Hollywood Blvd and Gower St, the property benefits from an irreplaceable central Hollywood location with exceptional walkability. Rated a “Walker’s Paradise” with a Walk Score of 90, residents enjoy close proximity to major entertainment studios, creative office campuses, dining destinations, nightlife, boutique retail, and everyday conveniences. Major local employment opportunities include The Lot, Netflix, Paramount Studios, and office employment in Century City, Wilshire District and Downtown Los Angeles.