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4723 Beverly Boulevard, Los Angeles, CA 90004

Local realty services provided by:CENTURY 21 Cornerstone
4723 Beverly Boulevard,Los Angeles, CA 90004
$7,950,000
  • 21 Beds
  • 23 Baths
  • 11,317 sq. ft.
  • Multi-family
  • Active
Listed by: douglas steinriede
Office: dover management corp.
MLS#:25569567
Source:CRMLS

Price summary

  • Price:$7,950,000
  • Price per sq. ft.:$702.48

About this home

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.

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Home facts

  • Year built:1962
  • Listing ID #:25569567
  • Added:142 day(s) ago
  • Updated:December 06, 2025 at 11:37 AM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:23
  • Living area:11,317 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1962
  • Building area:11,317 sq. ft.
  • Lot area:0.32 Acres

Finances and disclosures

  • Price:$7,950,000
  • Price per sq. ft.:$702.48
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