Los Angeles, CA 90004,4723 Beverly Blvd
Los Angeles, CA 90004,4723 Beverly Blvd
Los Angeles, CA 90004,4723 Beverly Blvd
21
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$7,950,000
Est. payment /mo
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21 Beds
23 Baths
11,317 SqFt
New

4723 Beverly Blvd Los Angeles, CA 90004

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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 11,317 sqft

Price per Sqft $702

MLS Listing ID 25569567

Bedrooms 21

Year Built 1962

Lot Size 0.322 Acres

Acres 0.3216

Property Sub-Type Multi-Family

Property Description

The Vertical is centrally located at 4723, 4327, and 4729 Beverly Boulevard, Los Angeles, CA 90004, in the blossoming Larchmont/Mid-Wilshire corridor. Built in1962 and extensively re-imagined in 2022, this 23-unit asset features top-tier finishes, in-unit washer/dryers, and enhanced curb appeal through a full exterior modernization. Boasting a rare 1:1 parking ratio with 23 covered spaces and fully upgraded capital systems, The Vertical delivers immediate cash flow at a 5.21% cap rate, with a clear path to 6.14% via interior rent optimization. Situated in a vibrant, highly walkable neighborhood near Larchmont Village, Koreatown, and major transit lines, this asset offers tenants urban convenience, well-appointed interiors, and strong retention potential. Investors seeking a durable, hands-off, cash-flow property with embedded upside in a prime Los Angeles infill location will find The Vertical an optimal addition to their portfolio.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Ceiling Fan

Equipment Stackable W/D Hookup

Exterior

Parking Features None

Garage Spaces 30.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Dover Management Corp.

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agent

Jennifer D. Holmes

Global Real Estate Advisor

+1(214) 600-2972

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4723 Beverly Blvd