Overview
- 21
- 23
- 11317
- 1962
Description
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.
Address
Open on Google Maps- Address Beverly
- City Los Angeles
- State/county Los Angeles
- Zip/Postal Code 90004
Details
Updated on March 18, 2026 at 10:07 pm- Property ID: HZ25569567
- Price: $6,400,000
- Property Size: 11317 Sq Ft
- Bedrooms: 21
- Bathrooms: 23
- Year Built: 1962
- Property Status: ResidentialIncome
- Listed by: Douglas Steinriede
- DRE #: 00284936
- Contact Mail: listings@doverla.com
- Brokered by: Dover Management Corp.
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