4707 Beverly Boulevard, Los Angeles, CA 90004
Local realty services provided by:CENTURY 21 Experience
4707 Beverly Boulevard,Los Angeles, CA 90004
$1,685,000
- 12 Beds
- 10 Baths
- 6,681 sq. ft.
- Multi-family
- Active
Listed by: max berger, kenny stevens
Office: compass310-230-5478
MLS#:26665417
Source:CRMLS
Price summary
- Price:$1,685,000
- Price per sq. ft.:$252.21
About this home
4707 Beverly Blvd. is a 9-unit Mid-City offering priced at $187,222 per unit and $252 per SF, operating at a 5.99% CAP and 9.43 GRM on current rents. With approx. 31% rental upside supported by renovated comps in the immediate area, the property presents a clear value-add opportunity at a basis that remains competitive within the Larchmont-adjacent market. Located along Beverly Blvd., the property sits minutes from Larchmont Village, Koreatown, Paramount Studios, and the 6th Street corridor surrounding Chapman Market. This positioning places residents within one of the most active and concentrated pockets of dining, retail, and neighborhood amenities in Central Los Angeles, while maintaining access to multiple employment hubs that continue to support consistent rental demand. The building benefits from a straightforward unit mix and layout that supports a repeatable renovation strategy as units turn. Based on renovated rental comparables nearby, the property offers approx. 31% rental upside, with projected stabilization at an 9.15% CAP and 9.43 GRM. The gap between current and market rents provides a clear path to improved performance through typical interior upgrades. ***Major building systems have already been addressed. Recent capital improvements include a new roof, sewer line replacement, and horizontal plumbing upgrades, reducing near-term capital requirements and allowing a buyer to focus on interior improvements and rent growth.*** With a central Mid-City location, proximity to Larchmont Village and Koreatown, and a clear value-add profile supported by both unit economics and completed system upgrades, 4707 Beverly Blvd. offers a 9-unit asset where basis, location, and upside are aligned....
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Home facts
- Year built:1957
- Listing ID #:26665417
- Added:47 day(s) ago
- Updated:May 03, 2026 at 10:30 AM
Rooms and interior
- Bedrooms:12
- Total bathrooms:10
- Living area:6,681 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Wall Furnance
Structure and exterior
- Year built:1957
- Building area:6,681 sq. ft.
- Lot area:0.17 Acres
- Architectural Style:Traditional
- Levels:2 Story
Finances and disclosures
- Price:$1,685,000
- Price per sq. ft.:$252.21
Parking
- Total parking spaces:9
- Parking description:Covered, Garage, Tandem, Uncovered
- Garage:Yes
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