4723 Beverly Boulevard

Los Angeles CA 90004

11317 sq. ft.

14009 sq. ft.

Other

Currently for sale - view listing

Overview

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 6.29% cap rate, with a clear path to 6.42% 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

21 bedrooms

23 bathrooms

30 carspaces

11317 sq. ft. floor area

14009 sq. ft. lot size

Other

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Sold

For Sale

View the listing for inspection times, agent contact details, and more.

Douglas Steinriede

at Dover Management Corp.

View listing

Sales:: (619) 566-0008

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