4723 Beverly Boulevard
Los Angeles, CA, 90004
$7,950,000
Beds
0 Baths
SqFt
0.32 Acres
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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.

Property Details

Price:
$7,950,000
MLS #:
25569567
Status:
Active
Baths:
0
Address:
4723 Beverly Boulevard
Type:
Residential Income
Neighborhood:
c18hancockparkwilshire
City:
Los Angeles
Listed Date:
Jul 24, 2025
State:
CA
ZIP:
90004
Lot Size:
14,009 sqft / 0.32 acres (approx)
Year Built:
1962
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Stackable

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Parking Spots
30.00

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