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$3,150,000
Est. payment /mo
4,872 SqFt
Active
4715 Beverly Boulevard Los Angeles, CA 90004
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Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,872 sqft
Price per Sqft $646
MLS Listing ID CL25569653
HOA Y/N No
Year Built 1922
Lot Size 7,255 Sqft
Acres 0.17
Property Sub-Type Other
Property Description
The Arch is 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 astable, fully leased income stream with a 4.00% 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 near 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.
Location
State CA
County Los Angeles
Zoning LAR3
Interior
Heating Wall Furnace
Fireplace No
Building
New Construction No
Others
Tax ID 5522033009

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Listed by Douglas Steinriede • Dover Management Corp.
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Mike & Jules Guzzardo Team With Jenny Biczkow
Realtor | r01066846,01955798,02086289