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
- 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#: 25569567

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
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
- Loading
- Loading