4723 Beverly Blvd

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.

This home located at 4723 Beverly Blvd is currently active and has been available on pardeeproperties.com for 8 days. This property is listed at $7,950,000. It has 21 beds and 23 bathrooms. The property was built in 1962. 4723 Beverly Blvd is in the Hancock Park-Wilshire community of Los Angeles County.

The multiple listings information is provided by The MLS™/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2014 The MLS™/CLAW. All Rights Reserved. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate and should be independently verified.