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4723 Beverly Boulevard, Los Angeles, CA 90004
Priced at Only: $7,950,000
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Address: 4723 Beverly Boulevard, Los Angeles, CA 90004
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  • MLS#: 25569567 ( )
  • Street Address: 4723 Beverly Boulevard
  • Viewed: 2
  • Price: $7,950,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1962
  • Bldg sqft: 0
  • Days On Market: 189
  • Additional Information
  • County: LOS ANGELES
  • City: Los Angeles
  • Zipcode: 90004
  • Provided by: Dover Management Corp.
  • Contact: Douglas Douglas
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
Features
Building Area Total
  1. 11317.00
Country
  1. US
Heating
  1. Wall Furnace
Laundry Features
  1. Stackable
Levels
  1. Two
Netoperatingincome
  1. 414147.00
Parcel Number
  1. 5522033026
Parking Features
  1. None
Sourcesystemkey
  1. 25569567:CLAW
Totalexpenses
  1. 200560.00
Year Built
  1. 1962
Zoning
  1. LAR3
Headshot for Associate Xavier Gomez
  1. Xavier Gomez, BrkrAssc,CDPE
  2. RE/MAX College Park Realty
  3. BRE 01736488
  4. Fax: 714.975.9953
  5. Mobile: 714.478.6676
  6. salesbyxavier@gmail.com
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