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.
Property Details
Price:
$7,950,000
MLS #:
25569567
Status:
Active
Beds:
21
Baths:
23
Type:
Single Family
Neighborhood:
c18hancockparkwilshire
Listed Date:
Jul 24, 2025
Finished Sq Ft:
11,317
Total Sq Ft:
11,317
Lot Size:
14,009 sqft / 0.32 acres (approx)
Year Built:
1962
See this Listing
Schools
Interior
Heating
WL
Laundry Features
STK
Exterior
Parking Spots
30
Financial
Map
Community
- Address4723 Beverly BL Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90004
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Dec 08, 2025
3,147
Single Family Listed
70
Avg DOM
716
Avg $ / SqFt
$1,527,135
Avg List Price
Property Summary
- 4723 Beverly BL Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90004. It is listed for $7,950,000 and features 21 beds, 23 baths, and has approximately 11,317 square feet of living space, and was originally constructed in 1962. The current price per square foot is $702. The average price per square foot for Single Family listings in Los Angeles is $716. The average listing price for Single Family in Los Angeles is $1,527,135.
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