4723 Beverly, Los Angeles CA 90004 | $7,950,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 14009 Lot Sq Ft
  • Type:
  • Stories: 2
  • Year Built: 1962
  • MLS#: 25569567
  • Community: C18 - Hancock Park-Wilshire

Listing provided courtesy of Douglas Steinriede of Dover Management Corp.. Last updated 2025-11-04 09:11:39.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.32 Acres
2 Stories

David Piper

Call or Text: 858-525-5007

DRE# 02021985