116 S Kings, Los Angeles, CA 90048
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
116 S Kings,Los Angeles, CA 90048
$1,895,000
- 6 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.
MLS#:SB26159535
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,895,000
About this home
116 S Kings Rd presents a rare Beverly Grove value-add opportunity just south of Beverly Blvd and west of La Cienega, surrounded by some of LAs strongest rental demand drivers including 3rd Street, The Grove, Cedars-Sinai, West Hollywood, and Beverly Hills. The property is comprised of spacious townhouse-style units, totaling approximately 3,460 rentable square feet, and offers a desirable low-density layout with private entrances and strong long-term tenant appeal. The asset is fully occupied and provides stable in-place income, while still offering significant upside through rent repositioning. Current scheduled rents are approximately $8,493/month compared to projected rents of approximately $20,400/month, creating substantial future income growth in one of Los Angeles most sought-after rental submarkets. Situated on a 7,000+ SF LAR3-zoned lot, the property offers the potential to add up to 3 ADUs (buyer to verify), providing investors with a clear opportunity to increase cash flow and maximize long-term value. For investors seeking a larger redevelopment or expansion opportunity, the neighboring property may also be available for purchase, creating the potential for an assemblage and a larger-scale development strategy in a premier Beverly Grove location. Buyer to verify all development potential....
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Home facts
- Listing ID #:SB26159535
- Added:101 day(s) ago
- Updated:October 31, 2026 at 07:05 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
Structure and exterior
- Levels:2 Story
Finances and disclosures
- Price:$1,895,000
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