4707 Beverly Blvd. is a 9-unit offering positioned between several of Mid-City's most active residential and retail corridors. Located along Beverly Blvd., the property sits minutes from Larchmont Village, Paramount Studios, Koreatown, and the 6th Street corridor surrounding Chapman Market, placing residents within reach of one of the city's most… Read More concentrated clusters of restaurants, cafs, nightlife venues, and neighborhood retail. Offered at $1,750,000, the property is priced at $194,444 per unit, $262 per SF, and a 10.00 GRM on current rents. The pricing aligns favorably with several recent multifamily sales in the surrounding Larchmont and Hancock Park-adjacent neighborhoods, placing the offering competitively within the local market on both a per-unit and per-foot basis. At projected market rents, the property presents approximately 33% rental upside compared to current in-place rents. Upon stabilization, the asset is projected to operate at a 9.35% CAP and 7.35 GRM. Located between several of Mid-City's most active cultural and dining districts, 4707 Beverly Blvd. benefits from immediate proximity to Larchmont Village, Koreatown, and the expanding retail corridors surrounding Melrose Ave. Residents enjoy access to an extensive mix of restaurants, cafs, specialty grocers, nightlife venues, and neighborhood services, while Paramount Studios and other nearby employment centers continue to generate consistent housing demand throughout the area. With competitive entry pricing, approximately 33% rental upside, and proximity to Larchmont Village, Koreatown, and Paramount Studios, 4707 Beverly Blvd. presents investors with a well-located Mid-City asset supported by strong neighborhood fundamentals and a clear path toward improved long-term performance. Read Less
Courtesy of Compass 310-230-5478
Listing Snapshot
Days Online
11
Last Updated
Property Type
Other
Beds
12
Square Ft.
6,681
Lot Size
0.17 Acres
Year Built
1957
MLS Number
26665417
30 Days Snapshot Of 90004
$2.69M
+26%
(avg) sold price
6
+20%
homes sold
61
-56%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
6,681 sq ft, Built in 1957, Levels: Two, Attached, Traditional
The information is for consumers' personal, non-commercial use and may not be used for any purpose other than identifying properties which consumers may be interested in purchasing.
Confirm your time
Fill in your details and we will contact you to confirm a time.
