Property
| Ownership: | For Sale |
|---|---|
| Bedrooms: | 5 BR |
| Bathrooms: | 7 |
| Area: | 7255 sq ft |
| Lot Size: | 0.2 Acres |
Financials
Price:$2,050,000
Listing Courtesy of Dover Management Corp.
4715 Beverly Blvd 5BR Mid Wilshire La
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 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.
Neighborhood
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All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.