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Investment Highlights

  • 9-units located minutes from Larchmont Village, Paramount Studios, Koreatown, and the 6th Street corridor surrounding Chapman Market.
  • Approximately 33% rental upside based on local renovated comparables, with projected stabilization at a 9.35% CAP and 7.35 GRM.
  • Functional 2-story layout and unit mix of (1) 2+2 unit, (2) 2+1 units, and (6) 1+1 units that continue to perform well in the Mid-City rental market.
  • Offered at $1,750,000, or $194,444 per unit and $262 per SF, operating at a 10.00 GRM and 6.10% CAP on current rents.
  • Pricing is positioned competitively relative to recent Larchmont and Hancock Park-adjacent multifamily sales on both a per-unit and per-foot basis.
  • Professionally managed asset with a straightforward layout and proximity to Mid-City’s most active dining, retail, and entertainment corridors.

Executive Summary

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 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.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $2,398,883 CAD
Price Per Unit $266,543 CAD
Sale Type Investment
Cap Rate 6.10%
Gross Rent Multiplier 10
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 6,681 SF
Average Occupancy 100%
No. Stories 2
Year Built 1957
Parking Ratio 1.35/1,000 SF
Zoning R3

Amenities

Unit Amenities

  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer

Site Amenities

  • Laundry Facilities
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 1 $1,889 CAD -
2+1 2 $1,822 CAD -
1+1 6 $2,263 CAD -
Very walkable
80/100
Exceptionally drivable
90/100
Strong public transit
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5522-033-011
Land Assessment
$1,607,049 CAD
Improvements Assessment
$355,236 CAD
Total Assessment
$1,962,285 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39796388

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 4707 Beverly Blvd, Los Angeles, CA 90004

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