Listed by Cameron Samimi•DRE #02035763• Lyon Stahl Investment Real Estate, Inc.
Contact: 310-259-7556
For sale
$2,475,000
Est. $16,060/mo —
8
bd
•
6 ba
•
4,826
sq ft
110 S Kings Rd, Los Angeles, CA 90048
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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, income and overall property value while retaining the existing townhome residences. Any ADU or redevelopment potential should be independently verified by the buyer with the City of Los Angeles and appropriate land-use professionals. A True Owner-User + Investment Opportunity 6.34% Current CAP Rate 12.59 Current GRM Three Townhome-Style Units Vacant 3-Bedroom / 2-Bath Townhome Massive 4,826 SF of Existing Building Area Approximately 7,026 SF Lot Potential for Three Additional ADUs Six On-Site Parking Spaces Located just moments from Beverly Hills, West Hollywood, The Grove, Original Farmers Market, Beverly Center, Cedars-Sinai, Melrose Avenue and some of Los Angeles’ premier dining and shopping, 110 S. Kings Road gives a buyer the ability to live in a spacious three-bedroom townhome, collect substantial rental income, and control a sizeable R3-zoned parcel with additional development upside. Live in one. Collect income from two. Potentially build three more. At a 6.34% CAP Rate and 12.59 GRM in the heart of 90048, this is a compelling combination of lifestyle, current cash flow and future upside.
Beverly Center, located between West Hollywood and Beverly Hills, is a retail and residential Los Angeles neighborhood with a landmark shopping complex and a boulevard-driven streetscape. The neighborhood’s character concentrates at the Beverly Boulevard and La Cienega Boulevard crossroads, where storefronts, valet stands, and late-night headlights set a polished, kinetic tempo. Mid-century apartment blocks and contemporary infill line the side streets, while larger commercial facades hold the main corridors. The Beverly Center mall and the adjacent Beverly Connection define the area’s retail gravity. The Pacific Design Center nearby adds a design-industry edge to the daily rhythm. Sidewalk patios and compact green pockets soften the traffic-heavy geometry.
Provided by Walk Score and Local Logic
Offer insights
110 S Kings Rd · $2,475,000
$2.54M and above
75% chance or better to win
Why $2.54M+ is a strong offer
DAYS ON MARKET
8 days
The average home goes pending in 66 days.
SALE-TO-LIST
98.2%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Front side entry
Two levels
Entry at level 1
Bedrooms
Three-bedroom units (two units listed)
Two-bedroom unit (one unit listed)
Bathrooms
Two full bathrooms in each unit
Kitchen
Kitchens present in units (kitchen laundry location noted)
Laundry & utility
Laundry available
Laundry located in closet, in kitchen, and outside (varies by unit)
Exterior features
No pool
Street lighting and sidewalks in the neighborhood
Suburban setting
Home design
Attached property
Two-story building
Total of 3 units across the property
Construction
Year built per assessor
2+ common walls
Utilities
Public sewer
District/public water
Three separate electric meters
Three separate gas meters
One separate water meter
Financial info
Gross income approximately $129,743
Gross scheduled income approximately $136,572
Net operating income approximately $87,530
Total actual rent currently $16,281
Operating expenses approximately $42,214
Vacancy allowance rate 5%
Gross multiplier about 12.59
Total building area about 4,826
Other
Rent control applies
Electricity and solar
View estimated energy costs and solar savings for this home
* Two Properties Being Sold - 110 S. Kings Rd ( APN:5511-016-003) and 116 S. Kings Rd (APN : 5511-016-004) - Must be Sold Together. The Offering is a unique opportunity to acquire a rare double lot spanning 14,000SF, zoned LA-R3 and eligible for Tier 2 TOIA (Transit Oriented Incentive Area). This prime location is nestled in one of Los Angeles' most sought-after rental markets, Beverly Grove, adjacent to the prestigious neighborhoods of Beverly Hills and West Hollywood. This exceptional offering is ideal for developers looking to leverage a covered land play. With the potential to construct up to 44 units utilizing the CHIP(Citywide Housing Incentive Program), or to pursue an ED1 Section 8 Low Income Housing project eligible for Tier 3 of HACLA, the possibilities are abundant. Currently, the properties feature six townhomes with an attractive unit mix: (2) 3BD/2BA and (4) 2BD/2BA units. Developers can offset carrying costs by earning approximately $19,500 per month while securing permits for redevelopment. Additionally, tenants will benefit from an impressive 90 Walk Score! Conveniently situated off 3rd Street, this location offers easy access to a myriad of upscale dining, shopping, grocery stores, and entertainment options.
Public Records
Apr 15, 1974
Sold
$71,500
$15/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,941 (+5.1%)
$71,064 + $115,445
$186,509
2024
$2,799 (+1.4%)
$71,064 + $115,445
$186,509
2023
$2,759 (+3.9%)
$69,671 + $113,182
$182,853
2022
$2,655 (+2.5%)
$68,305 + $110,963
$179,268
2021
$2,591 (−0.6%)
$66,966 + $108,788
$175,754
2020
$2,606 (+3.2%)
$65,653 + $106,655
$172,308
2019
$2,525 (+7.0%)
$64,980 + $105,562
$170,542
2018
$2,360 (+1.8%)
$63,706 + $103,493
$167,199
2017
$2,317 (+5.1%)
$61,233 + $99,475
$160,708
2016
$2,204 (+1.2%)
$61,233 + $99,475
$160,708
2015
$2,177 (−1.3%)
$60,033 + $97,525
$157,558
2014
$2,205 (−1.0%)
$57,974 + $94,180
$152,154
2012
$2,227 (+1.7%)
$57,712 + $93,755
$151,467
2011
$2,190 (−1.1%)
$56,581 + $91,917
$148,498
2010
$2,214 (+3.9%)
$55,472 + $90,115
$145,587
2009
$2,131 (+3.7%)
$55,058 + $89,442
$144,500
2008
$2,055
$55,189 + $89,655
$144,844
Public record
Public record
Permits
Beds
8
Baths
6
Stories
—
Lot width
—
Lot depth
—
Lot size
6,960 Sq. Ft.
Year renovated
1936
Finished Sq. Ft.
4,826
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,826
Year built
1936
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5511016003
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
Jul 21, 2025 • Active
Bldg-new
Construct a new five-story multifamily residential building with forty affordable housing units and three attached accessory dwelling units. The project includes a first-floor and basement parking garage.
ADU
New construction
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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