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4711 Beverly Blvd 11 Unit Apartment Building $4,421,040 CAD ($401,913 CAD/Unit) 6.74% Cap Rate Los Angeles, CA 90004
Investment Highlights
- Priced at a 6.74% Cap Rate & 9.94 GRM with Upside to a 7.56% & 9.14 at Market
- Low Operating Expenses with Opportunities for Additional Income
- Prime Location in Mid Wilshire
Executive Summary
Dover Management Corporation is pleased to present The Diamond, a beautifully renovated multifamily property located at 4711-4713 Beverly Boulevard in the vibrant Mid-Wilshire neighborhood of Los Angeles. This thoughtfully updated asset features contemporary designer finishes including engineered hardwood floors, stainless steel appliances, and matte black fixtures, creating an upscale living experience for residents. With private outdoor patios, gated parking, and a pet-friendly community, The Diamond offers modern conveniences that cater to today’s urban renter. Ideally situated near Larchmont Village, Koreatown, and Robert Burns Park, residents enjoy unparalleled access to premier dining, shopping, and recreational amenities. This property represents a compelling opportunity for investors seeking a turnkey asset in one of Los Angeles’ most walkable and dynamic neighborhoods
Property Facts
| Price | $4,421,040 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $401,913 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.74% | Building Size | 8,706 SF |
| Gross Rent Multiplier | 9.94 | Average Occupancy | 100% |
| No. Units | 11 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | Parking Ratio | 1.15/1,000 SF |
| Zoning | LARD3 | ||
| Price | $4,421,040 CAD |
| Price Per Unit | $401,913 CAD |
| Sale Type | Investment |
| Cap Rate | 6.74% |
| Gross Rent Multiplier | 9.94 |
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 8,706 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | LARD3 |
Amenities
Unit Amenities
- Dishwasher
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | 261 - 462 |
| 1+1 | 8 | - | 473 - 679 |
| 2+2 | 2 | - | 900 |
Walk Score®
Very Walkable (88)
Property Taxes
| Parcel Number | 5522-033-010 | Improvements Assessment | $1,017,429 CAD |
| Land Assessment | $2,673,542 CAD | Total Assessment | $3,690,971 CAD |
Property Taxes
Parcel Number
5522-033-010
Land Assessment
$2,673,542 CAD
Improvements Assessment
$1,017,429 CAD
Total Assessment
$3,690,971 CAD
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4711 Beverly Blvd
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