4707 Beverly Blvd, Los Angeles, CA 90004
4707 Beverly Blvd, Los Angeles, CA 90004
4707 Beverly Blvd, Los Angeles, CA 90004
9
See all 9 photos
$1,685,000
Est. payment /mo
Save
12 Beds
10 Baths
6,681 SqFt
Price Dropped by $65K

4707 Beverly Blvd Los Angeles, CA 90004

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,681 sqft

Price per Sqft $252

MLS Listing ID 26665417

Style Traditional

Bedrooms 12

Year Built 1957

Lot Size 7,256 Sqft

Property Sub-Type Multi-Family

Property Description

4707 Beverly Blvd. is a 9-unit Mid-City offering priced at $187,222 per unit and $252 per SF, operating at a 5.99% CAP and 9.43 GRM on current rents. With approx. 31% rental upside supported by renovated comps in the immediate area, the property presents a clear value-add opportunity at a basis that remains competitive within the Larchmont-adjacent market. Located along Beverly Blvd., the property sits minutes from Larchmont Village, Koreatown, Paramount Studios, and the 6th Street corridor surrounding Chapman Market. This positioning places residents within one of the most active and concentrated pockets of dining, retail, and neighborhood amenities in Central Los Angeles, while maintaining access to multiple employment hubs that continue to support consistent rental demand. The building benefits from a straightforward unit mix and layout that supports a repeatable renovation strategy as units turn. Based on renovated rental comparables nearby, the property offers approx. 31% rental upside, with projected stabilization at an 9.15% CAP and 9.43 GRM. The gap between current and market rents provides a clear path to improved performance through typical interior upgrades. ***Major building systems have already been addressed. Recent capital improvements include a new roof, sewer line replacement, and horizontal plumbing upgrades, reducing near-term capital requirements and allowing a buyer to focus on interior improvements and rent growth.*** With a central Mid-City location, proximity to Larchmont Village and Koreatown, and a clear value-add profile supported by both unit economics and completed system upgrades, 4707 Beverly Blvd. offers a 9-unit asset where basis, location, and upside are aligned.

Location

State CA

County Los Angeles

Area Hancock Park-Wilshire

Zoning LAR3

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Wall/Window

Equipment Other

Laundry Community, Room

Exterior

Parking Features Tandem, Covered Parking, Uncovered

Garage Spaces 9.0

Waterfront Description None

View Y/N No

View None

Building

Story 2

Architectural Style Traditional

Level or Stories Two

Others

Special Listing Condition Standard


TheMLS (CLAW)
Listed by Compass

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Herman Singh

Herman Singh

Broker

+1(718) 679-7822

Name
Phone*
Message

Go tour this home

4707 Beverly Blvd