110 Kings Rd, Los Angeles, CA 90048
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
110 Kings Rd,Los Angeles, CA 90048
$2,475,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26184097
Source:MLSListings
Price summary
- Price:$2,475,000
About this home
110 S. Kings Road — Rare Owner-User Townhome Investment with 6.34% Cap Rate, 12.59 GRM & Development Upside Offered at $2,475,000, the property is currently operating at an attractive 6.34% CAP Rate and 12.59 GRM—unusually strong metrics for a prime 90048 location. The property consists entirely of townhome-style units, with a unit mix of two 3-bedroom/2-bath residences and one 2-bedroom/2-bath residence. Most importantly for an owner-user, one of the 3-bedroom, 2-bath townhomes is currently vacant and available for immediate occupancy. A buyer can move directly into a substantial residence while collecting income from the other two townhome units. Strong Income Today — Significant Upside Tomorrow The property generates approximately $196,572 in annual scheduled gross income, producing approximately $156,849 of current NOI and the aforementioned 6.34% current CAP Rate. The Offering Memorandum projects approximately 49.56% rental upside, with pro forma income of approximately $294,000 annually. The property sits on an approximately 7,026-square-foot lot and is zoned LA R3, creating an additional layer of value beyond the existing income stream. The site also offers the potential to add three ADUs, creating an opportunity to significantly increase unit count, inco...
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Home facts
- Year built:1936
- Listing ID #:SB26184097
- Added:65 day(s) ago
- Updated:October 29, 2026 at 04:37 PM
Structure and exterior
- Year built:1936
- Lot area:0.16 Acres
- Lot Features:Mid Block
Utilities
- Water:District - Public
Finances and disclosures
- Price:$2,475,000
Features and amenities
- Laundry features:In Closet, In Kitchen
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