13
See all 13 photos
Listed by Cameron Samimi, DRE #02035763 • Lyon Stahl Investment Real Estate, Inc.
$1,895,000
Est. payment /mo
7,026 Sqft Lot
New
116 S Kings Los Angeles, CA 90048
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26159535
Year Built 1937
Lot Size 7,026 Sqft
Property Sub-Type Triplex
Source California Regional MLS
Property Description
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 LA's 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 ver
Location
State CA
County Los Angeles
Area C19 - Beverly Center-Miracle Mile
Interior
Laundry Other
Exterior
Parking Features Garage, Uncovered Parking
Garage Spaces 7.0
Pool None
Building
Water District - Public
Others
Tax ID 5511016004
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.