Property
Listing Agent: Max Berger (DRE #02054048) · Listing Office: Compass · Contact: 310-230-5478 · Bought with: Max Berger · Compass · MLS #26665417 · Source: CRMLS
4707 Beverly Boulevard sold for $1,515,000 in July 2026, 10% under its $1,685,000 list price, after 66 days on the market. It was first listed at $1,750,000. That works out to $227 per square foot on 6,681 square feet. Across 77 closed sales in 90004 over the last 12 months, the median sold price is $1,600,000 and the median is $691 per square foot, 204% above this sale's $227.
| Quarter | Closed sales in 90004 | Median sold price |
|---|---|---|
| Q1 2026 | 7 | $1,800,000 |
| Q2 2026 | 38 | $1,690,000 |
| Q3 2026 | 32 | $1,482,500 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90004
4707 Beverly Blvd. is a 9-unit Mid-City offering priced at $187,222 per unit and $252 per SF, operating at a 5.99% CAP and 9.43 GRM on current rents. With approx. 31% rental upside supported by renovated comps in the immediate area, the property presents a clear value-add opportunity at a basis that remains competitive within the Larchmont-adjacent market. Located along Beverly Blvd., the property sits minutes from Larchmont Village, Koreatown, Paramount Studios, and the 6th Street corridor surrounding Chapman Market. This positioning places residents within one of the most active and concentrated pockets of dining, retail, and neighborhood amenities in Central Los Angeles, while maintaining access to multiple employment hubs that continue to support consistent rental demand. The building benefits from a straightforward unit mix and layout that supports a repeatable renovation strategy as units turn. Based on renovated rental comparables nearby, the property offers approx. 31% rental upside, with projected stabilization at an 9.15% CAP and 9.43 GRM. The gap between current and market rents provides a clear path to improved performance through typical interior upgrades. ***Major building systems have already been addressed. Recent capital improvements include a new roof, sewer line replacement, and horizontal plumbing upgrades, reducing near-term capital requirements and allowing a buyer to focus on interior improvements and rent growth.*** With a central Mid-City location, proximity to Larchmont Village and Koreatown, and a clear value-add profile supported by both unit economics and completed system upgrades, 4707 Beverly Blvd. offers a 9-unit asset where basis, location, and upside are aligned.
Listing description from the July 2026 sale, as reported to CRMLS.
Closed sales reported in 90004, nearest first, last 12 months. All recent sales in Los Angeles →