4711 Beverly Blvd - Apartments FOR SALE


Los Angeles, CA 90004- East Hollywood
$3,250,000 USD
310-387-3489
4711 Beverly Blvd, Los Angeles, CA for Sale
$3,250,000 USD
Apartments - FOR SALE
1/20
null | 6.74% Cap Rate

4711 Beverly Blvd
Los Angeles, CA 90004
East Hollywood


HIGHLIGHTS

  • Priced at a 6.74% Cap Rate & 9.94 GRM with Upside to a 7.56% & 9.14 at Market
  • Prime Location in Mid Wilshire
  • Low Operating Expenses with Opportunities for Additional Income

OVERVIEW

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

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$373 USD /SF

# OF UNITS

11

PRICE/UNIT

$295,455

CAP RATE

6.74%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,004 SF

ZONING

LARD3

APN/PARCEL ID

5522-033-010

ASK ABOUT THIS PROPERTY

John AldenDover Management CorporationMore Info
310-387-3489

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John AldenDover Management CorporationMore Info
310-387-3489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.