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

Studio Baths0.0 Sq 11,317

Monthly Estimate*

^$ 49,598

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Studio

Multi-Family Home for sale in Los Angeles, CA

for $7,950,000. This 11,317 square foot home was built in 1962 on a lot size of 0.32.

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.

Multi-Family Active

Price

^$ 7,950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.32

Year Built

1962

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0025569567

Features

General

Sewer None

Heating Wall Furnace

Zoning LAR3

Year Built 1962

Levels Two

County Los Angeles

Net Operating Income 414147.0

New Construction No

Property Type C

HOA No

Status Active

City Los Angeles

Senior Community Y/N No

MLS Area HPK - Hancock Park

Lot Size Units Square Feet

Lot Size Square Feet 14009.0

Standard Status Active

Exterior

Lot Size Area 14009.0

Pool Y/N? Yes

Building Area Total 11317.0

Lot Dimensions 100x140

Lot Size Acres 0.32

Land Lease Type Fee

Interior

Total Stories 2

Heating Y/N Yes

Laundry Features Stackable

Total Baths 0

* Excluded Features

List By

Douglas Steinriede

Listing Agent

Dover Management Corp.

Broker

Affordability Calculator

$49,598

Per Month

Monthly Principal & Interest: $49,598
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Los Angeles, CA

Average List Price ^$1,903,492

Percent of Sale Price 76%

About Los Angeles, CA

3,920,026 Population

6% Since 2002

^$55,057 Median Income

36.82 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

793437 Elementary School

793428 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
7/26/2025	$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 0.32. 4723 Beverly Boulevard is a studio with 0.0 baths and was built in 1962. The property's zip code is 90004 which is in Los Angeles, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 9/25/2025. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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4723 Beverly Boulevard

Multi-Family Home for sale in Los Angeles, CA

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