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4715-4719 Beverly Blvd 7 Unit Apartment Building $2,788,656 CAD ($398,379 CAD/Unit) 6.70% Cap Rate Los Angeles, CA 90004
Investment Highlights
- Priced at a 6.7% Cap Rate and 10.16 GRM on Current Rents
- Turnkey 7 Unit Property
- Garages Offer Opportunity for Potential ADU Conversion
Executive Summary
Dover Management Corporation is pleased to present The Arch, a charming 7-unit boutique multifamily property located at 4715 Beverly Boulevard in the highly desirable Hancock Park–Wilshire corridor of Los Angeles. Built in 1922 and thoughtfully updated to preserve its historic character, The Arch offers investors a stable, fully leased income stream with a 6.70% cap rate and modest upside potential. This property is an ideal starter investment for those seeking entry into the Los Angeles multifamily market, with limited near-term capital needs thanks to comprehensive system upgrades and tasteful renovations throughout. Positioned within walking distance of vibrant neighborhood amenities, transit, and educational institutions, The Arch combines classic architecture with modern conveniences—making it an attractive asset for both tenants and owners alike.
Property Facts
| Price | $2,788,656 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $398,379 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Cap Rate | 6.70% | Building Size | 4,872 SF |
| Gross Rent Multiplier | 10.16 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1922 |
| Property Subtype | Apartment | Parking Ratio | 1.44/1,000 SF |
| Zoning | LARD3 | ||
| Price | $2,788,656 CAD |
| Price Per Unit | $398,379 CAD |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| Gross Rent Multiplier | 10.16 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 4,872 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1922 |
| Parking Ratio | 1.44/1,000 SF |
| Zoning | LARD3 |
Amenities
Unit Amenities
- Fireplace
- Washer/Dryer
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 3 | - | 463 |
| 1+1 | 3 | - | 657 |
| 2+1 | 1 | - | 1,048 |
Walk Score®
Very Walkable (88)
Property Taxes
| Parcel Number | 5522-033-009 | Improvements Assessment | $520,190 CAD |
| Land Assessment | $1,560,575 CAD | Total Assessment | $2,080,765 CAD |
Property Taxes
Parcel Number
5522-033-009
Land Assessment
$1,560,575 CAD
Improvements Assessment
$520,190 CAD
Total Assessment
$2,080,765 CAD
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4715-4719 Beverly Blvd
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