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Listed by: Douglas Steinriede | Dover Management Corp.
Active
$7,950,000

4723 Beverly Boulevard, Los Angeles CA

21beds
23baths
11,317sq ft
$702/sq ft
113 days on rennie- cumulative days on market
25569567MLS ®

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


Residential IncomeProperty type
14,009 ft²Lot area SF
$0Taxes
TwoFloor levels
11,317 ft²Living area
Listed byDover Management Corp.
rennie last checkedSeptember 24, 2025 at 08:32pm
Last updatedSeptember 24, 2025 at 01:27pm
SourceCRMLS

Additional Details


Parking / Storage
ParkingNone
Parking places - total30
Other
ZoningLAR3
Additional building details
Year Built1962
Fuel / heatingWall Furnace
Storeys in building2
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California DRE #02248150