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For sale
  • $7,950,000

    4723 Beverly Blvd, Los Angeles, CA 90004

    21beds
    23baths
    11,317sqft
    : 
    Multi Family
    Built in 1962
    -- sqft lot
    $-- Zestimate®
    $702/sqft
    $-- HOA

    What's special

    Top-tier finishesWell-appointed interiorsEnhanced curb appealCovered spacesFull exterior modernization
    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.
    15 days
    on Zillow
    |
    143
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 24, 2025 at 08:01am

    Listed by:

    Douglas Steinriede DRE # 00284936 818-843-5200,

    Dover Management Corp. 818-843-5200

    Source: CLAW,MLS#: 25569567MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 21
    • Bathrooms: 23
    Heating
    • Wall
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Laundry: Stackable W/D Hookup
    Interior area
    • Total structure area: 11,317
    • Total interior livable area: 11,317 sqft

    Property

    Parking
    • Total spaces: 30
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Size: 0.32 Acres
    • Dimensions: 100 x 140
    Details
    • Additional structures: None
    • Zoning: LAR3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • Year built: 1962

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $702/sqft
    • Tax assessed value: $4,932,128
    • Date on market: 7/24/2025
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