Millman Team Real Estate

$1,685,000
12 Bed
10 Bath
6,681 Sqft
0.17 Acre Lot

4707 Beverly Boulevard, Los Angeles, California 90004

  • Residential Income Property Type
  • 6,681 Sqft Square Footage
  • Garage Cars Garage
  • 1957 Year Built
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.

Basic Details
Residential Income
For Sale
26665417
$1,685,000
None
12
10
6,681 Sqft
1957
0.17 Acre
Active Under Contract
1
Features
: Wall Furnace
: Wall/Window Unit(s)
: Garage, Tandem, Covered, Uncovered
: Traditional
: Laundry Room, Common Area
$0
Address Map
CA
Los Angeles
Los Angeles
90004
Beverly
4707
Boulevard
W119° 41' 18''
N34° 4' 35.7''
South
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.
C18 - Hancock Park-Wilshire
LAR3
Additional Information
$0
$0
$0
$0
$0
6681
: Two
9
2026-03-16
1750000
2
2
Broker/Agent Information
Compass
Max Berger
Listing Information
Kenny Stevens
CLW-X90606
CLW-X81461
Compass
CLW-C135509
CLW-X81461
Active Under Contract
2026-05-21T20:48:29Z
CRMLS
: Standard
2026-05-21T00:00:00Z
Agent info
Ray Millman
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