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116 S Kings

Los Angeles, CA 90048
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Bed 6

Bed

Bath 6

Bath

SqFt7,026

Sqft(Lot)

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 sough t-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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,895,000

AD Id : 88281311

MLS Id : SB26159535

Beds : 6

Lot Size : 7,026 Sqft

Year Built : 1937

Garage : 4

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1937
    Building Area Total: 3460
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 7026 Lot Size Acres: 0.1613 Lot Size Source: Assessor Lot Size Square Feet: 7,026 Lot Description: TwoToFiveUnitsAcre

  • Listing Price Information

    Listing Price: $1895000
    Cash, CashToNewLoan, Conventional, Exchange1031, GovernmentLoan

  • Tax Information

    Parcel Number: 5511016004 Tax Lot: 59

  • Parking Information

    Parking Total: 7 Garage, Uncovered

    Garage Information

    Has Garage: Yes Garage Space: 4

  • Location Information

    Direction: From the 10 Freeway, exit La Cienega Blvd. Head north on La Cienega Blvd, turn left on W 3rd St, then turn right on S Kings Rd. Property will be on S Kings Rd between W 3rd St and Beverly Blvd. WaterSource: Public
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ByOwner last updated this listing 07/23/2026 @ 15:45

MLS: SB26159535 LISTED BY: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc. 310-425-9838 SOURCE: CRMLS

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