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.
For sale
$7,950,000
4723 Beverly Blvd, Los Angeles, CA 90004
21beds
23baths
11,317sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$702/sqft
$-- HOA
What's special
Top-tier finishesWell-appointed interiorsEnhanced curb appealCovered spacesFull exterior modernization
- 99 days |
- 119 |
- 6 |
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