4723 Beverly Blvd

Los Angeles, CA 90004

The Vertical is centrally located at 4723, 4327, and 4729 Beverly Boulevard, Los Angeles, CA 90004, in the blossoming Larchmont/Mid-Wilshire corridor.

Sales Price $7,950,000

Beds

21

Baths

23

Home Size

11317 Sq. Ft.

Lot Size

14009 Sq. Ft.

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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 62 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 County.

Quick Facts

  • 62 days on market
  • Built in 1962
  • Total parking spaces 30Car
  • None
  • Community | Hancock Park-Wilshire
  • MLS# | 25569567

Features

  • Ceiling Fan Cooling
  • Wall Heat
Connect with an agent
Emma Russell
(18)

Emma Russell

Partner | DRE #02007330

Listed By Douglas Steinriede · Dover Management Corp.

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