LKV Realty
Logo
$6,400,000
$7,200Reward *
4723 Beverly Boulevard, Los Angeles, CA 90004Listing ID 25569567

4723 Beverly Boulevard, Los Angeles, CA 90004

Active
Time on site: 389 daysLast updated: Mar 18, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
21
Bathrooms
Bathrooms
23
Square Feet
Square Feet
11,317
Acres
Acres
0.32
Days on Site
Days on Site
389
Heating
Heating
Wall Furnace
Year Built
Year Built
1962
Stories
Stories
2
Parking
Parking
None

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 6.29% cap rate, with a clear path to 6.42% 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.

Property Information

Property Details

Location

Address
4723 Beverly Boulevard
County
Los Angeles
City
Los Angeles
Zip Code
90004
MLS Area
C18 - Hancock Park-Wilshire

Interior Features

Beds and Baths

Bedrooms
21

Building

Building Information

Square Feet
11,317
Year Built
1962
Stories
2

Financial

Special Conditions
Standard
Douglas SteinriedeDover Management Corp., (818) 843-5200

Market Report for 90004

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: California Regional MLS
California Regional MLS logo

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

For corrections to this data please contact Brytecore MLS Support.

CLW-X44193