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.
How many bedrooms does this multi-family home have?
There are 12 bedrooms in this multi-family home at 4707 Beverly Boulevard.
Does this multi-family home have parking?
Yes, there are 9 parking spaces available for 4707 Beverly Boulevard.
How does 4707 Beverly Boulevard compare to other multi-family homes in Larchmont?
This multi-family home is listed 36% below the average price for multi-family homes in Larchmont and has been on the market for 38 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 6,681 sqft.
4707 Beverly Boulevard is a 12-bedroom multi-family home for sale in Los Angeles CA 90004. Listed on Prevu for 47 days at $1,685,000. This includes a recent price decrease of $65,000. This home features 6,681 square feet of living space, located in Larchmont. The median listing price for multi-family homes in this area is $2,371,500. The home offers parking. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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