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4723 Beverly Boulevard Los Angeles, CA $ 7,950,000
4723 Beverly Boulevard
$ 7,950,000
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4723 Beverly Boulevard

Los Angeles, CA, 90004
$ 7,950,000
Bedrooms21 Baths3.0 Sq 11,317

Monthly Estimate*

$ 49,598

Listed by Dover Management Corp.
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Multi-Family Home for sale in Los Angeles, CA

for $7,950,000 with 21 bedrooms and 3 full baths. This 11,317 square foot home was built in 1962 on a lot size of 0.3216.

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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Multi-Family Active

Price

$ 7,950,000

Bedrooms

21

Full Bath

3

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3216

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

25569567

Days on Market

144

Features
General
Living Area 11317
Heating Wall Furnace
Zoning LAR3
Year Built 1962
Stories Count 2
Levels Two
Gross Income 633719
County Los Angeles
Net Operating Income 414147
New Construction 0
Property Type Residential Income
HOA 0
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions Off Beverly Boulevard
City Los Angeles
Senior Community Y/N 0
Number Of Units Total 23
MLS Area C18 - Hancock Park-Wilshire
Lot Size Units Square Feet
Lot Size Square Feet 14009
Standard Status Active
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Interior
Total Stories 2
Heating Y/N 1
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Stacked
Total Bedrooms 21
Total Baths 23
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Exterior
Parking Features None
Total Parking 30
Lot Size Area 14009
Number of Buildings 2
Building Area Total 11317
Lot Dimensions 100x140
Lot Size Acres 0.3216
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* Excluded Features
List By
Dover Management Corp.

Broker

listings@doverla.com

Email

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$49,598
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$7,950,000 Listed Price

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4723 Beverly Boulevard, Los Angeles, CA, 90004 is a Multi-Family Home for sale at $7,950,000 with 11,317 sqft and a lot size of 0.3216. 4723 Beverly Boulevard has 21 bedrooms, 3.0 baths, and was built in 1962. The property's zip code is 90004 which is in Los Angeles, CA