4707 Beverly Blvd is a 9-unit multifamily property located along Beverly Blvd in Mid-City, positioned between Larchmont Village, Koreatown, Paramount Studios, and the 6th St corridor near Chapman Market. The property sits in a central Los Angeles location where tenants have access to several neighborhood hubs rather than relying on one single draw.
At the updated pricing, 4707 Beverly Blvd is offered at $187,222 per unit and $252 per SF, with current rents reflecting a 5.99% CAP rate and 9.43 GRM. The numbers are easy to understand. The property has current income, major system work has already been completed, and there is approx. 31% rental upside tied to interior improvements as units turn.
4707 Beverly Blvd benefits from its position along Beverly Blvd, minutes from Larchmont Village, Koreatown, Paramount Studios, and the 6th St corridor surrounding Chapman Market. This part of Mid-City continues to lease well because tenants can move between several active pockets of Los Angeles without being tied to one neighborhood center.
That matters here. Residents have access to Beverly Blvd, Western Ave, 6th St, Larchmont, and nearby production-related employment around Paramount Studios. These are practical, everyday advantages that support renter demand over time.
Recent capital improvements at 4707 Beverly Blvd include a new roof, sewer line replacement, and horizontal plumbing upgrades. That work matters because it reduces the amount of near-term attention required on major building systems.
For ownership, the next phase is more focused on interiors, rents, and day-to-day management. In today’s market, that distinction matters. Buyers are looking closely at what still needs to be done after closing. A building with major systems already addressed is easier to evaluate than one where the entire plan depends on both infrastructure work and unit renovations happening at the same time.
4707 Beverly Blvd is offered at $187,222 per unit and $252 per SF, with current rents operating at a 5.99% CAP rate and 9.43 GRM.
Based on renovated units nearby, the property offers approx. 31% rental upside. At projected rents, performance trends toward approx. 9.15% CAP, with stabilized GRM to be verified.
The upside is tied primarily to interior condition and current rents, not a complicated redevelopment story. That is an important distinction. The plan is straightforward: improve units as they turn, bring interiors closer to what tenants are already paying for nearby, and let the location do its part.
At 9 units, 4707 Beverly Blvd offers a manageable scale in a central Mid-City location. The building’s profile allows ownership to improve units over time rather than forcing a heavy renovation plan all at once.
That matters for smaller owners. The most practical value-add buildings are usually not the ones that require the biggest story. They are the ones where the pricing, current income, completed repairs, and remaining upside are all clear from the beginning.
4707 Beverly Blvd brings together a central Beverly Blvd location, current income, completed system upgrades, and approx. 31% rental upside supported by renovated units nearby. At $187,222 per unit and $252 per SF, the property gives buyers a practical entry point into a location with access to Larchmont Village, Koreatown, Paramount Studios, and the 6th St corridor.
The appeal is straightforward. A 9-unit Mid-City building with major systems already addressed, interior upside still available, and a location that continues to support steady renter demand.
9 Units
$187,222
6,681 SF
$252
7,297 SF
1962
5.99%
7.22
Whether you are thinking about selling now or simply exploring possibilities, we are happy to review your property, discuss current value, and share perspective on how the market is treating assets like yours today.
