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5535 Carlton Way

James Investment Partners Sells 36-Unit Apartment Community At 5535 Carlton Way For $7.6M
SOLDMultiFamily

James Investment Partners Sells 36-Unit Apartment Community At 5535 Carlton Way For $7.6M

5535 Carlton Way

$7,600,000

$287/SF

Building Size

26,403 SF

Asset Type

MultiFamily

Closing

May 22, 2026

AI

5535 Carlton Way is a multifamily asset located in the Los Angeles market, comprising 36 units with a total square footage of 26,403. The property was sold for $7,600,000, resulting in a price per unit of $211,111 and a price per square foot of $287.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $7,600,000
  • Units: 36
  • Square Footage: 26,403
  • Price Per Unit: $211,111
  • Price Per Square Foot: $287
  • Seller: James Investment Partners
  • Seller's Representative: Darin Beebower & Dakoda Iversen - Kidder Mathews
  • Date of Sale: 05/22/2026
  • Location: 5535 Carlton Way, Los Angeles

Darin Beebower and Dakoda Iversen of Kidder Mathews exclusively represented the seller and facilitated the buyer's acquisition of the property. Their expertise led to more than 25 offers during the marketing campaign, resulting in a competitive environment without seller credits, culminating in a successful closing of a single escrow.

Players

Darin Beebower

Kidder Mathews

Broker

$137.7M

vol

15 deals

Broker

Los Angeles MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.09%

Cash-on-Cash

-0.60%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93