Under Contract

4707 Beverly Boulevard

Los Angeles, CA 90004

$1,685,000 $7,104/Mo

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Overview

Bed

Bath

6,681

Sqft

7,256

Sqft(Lot)

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.

Property Details

Property Type : Residential Income

Price : $1,685,000

AD Id : 76167347

MLS Id : 26665417

Beds : 12

Lot Size : 7,256 Sqft

Living Area Size : 6,681

Year Built : 1957

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedrooms: 12

Bathroom Information

Total Baths: 10 Full Baths: 0 Half Baths: 0
Cooling Features

Wall/Window Unit(s) Air Conditioning

Heating Source

Wall Furnace Has Heating

Building Information

Year Built: 1957 Building Area Total: 6,681
Laundry Features

Common Area,Laundry Room

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1666
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7256

Listing Price Information

Original List Price: 1,685,000 Listing Contract Date: 2026-03-16
Lease Information

Listing Agreement: Seller Reserved

Tax Information

Parcel Number: 5522033011

Garage and Parking

Garage Description: Covered,Garage,Tandem,Uncovered

Homeowners Association

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: C18 - Hancock Park-Wilshire Postal Code Plus 4: 3124 Directions: Located along Beverly Blvd, and between Western Ave. and Larchmont Blvd, the property is minutes from Larchmont Village, Chapman Market/6th St corridor, and Paramount Studios. Zoning: LAR3 Source Property Type: Residential Income Area: C18 - Hancock Park-Wilshire
Building and Construction

Property Age: 69 Common Walls: 1 Common Wall Year Built Source: Vendor Enhanced Total Square Feet Living: 6681 Property Attached: Yes Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
542 N Commonwealth, Los Angeles, CA, 90004	$1,675,000	3	3	2,847	2,847 SqFt
432 N Commonwealth, Los Angeles, CA, 90004	$825,000	4	2	1,432	1,432 SqFt
441 N Commonwealth Avenue, Los Angeles, CA, 90004	$850,000	1	1	1,014	1,014 SqFt
447 N Commonwealth Avenue, Los Angeles, CA, 90004	$900,000	3	--	1,798	1,798 SqFt
3812 Middlebury, Los Angeles, CA, 90004	$799,800	3	2	1,240	1,240 SqFt
449 N Virgil, Los Angeles, CA, 90004	$1,299,000	2	2	1,886	1,886 SqFt
3220 W 2nd Street, Los Angeles, CA, 90004	$1,480,000	8	--	7,985	7,985 SqFt
210 S Commonwealth Avenue, Los Angeles, CA, 90004	$3,590,000	24	--	10,884	10,884 SqFt
124 N Westmoreland Avenue, Los Angeles, CA, 90004	$4,350,000	--	--	17,730	17,730 SqFt
118 N Westmoreland Avenue, Los Angeles, CA, 90004	$3,750,000	--	--	18,765	18,765 SqFt

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ByOwner last updated this listing 06/12/2026 @ 08:55

MLS: 26665417 LISTED BY: Max Berger, Compass 310-230-5478 SOURCE: CRMLS