4723 Beverly Boulevard, Los Angeles, CA 90004

  • $7,950,000
4723 Beverly Boulevard, Los Angeles, CA 90004
Active
4723 Beverly Boulevard, Los Angeles, CA 90004
4723 Beverly Boulevard, Los Angeles, CA 90004
  • $7,950,000

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.

  • Address 4723 Beverly Boulevard
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90004
  • Country US

Details

Updated on August 1, 2025 at 12:45 pm
  • Property ID: 25569567
  • Price: $7,950,000
  • Property Size: 11317
  • Land Area: 0.3216 Acres
  • Bedrooms: 21
  • Bathrooms: 23
  • Garage Size: x x
  • Year Built: 1962
  • Property Type: Residential Income
  • Property Status: Active

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  • Hoyt Hochman