116 S Kings, Los Angeles, CA 90048

Local realty services provided by:Nelson Shelton Real Estate ERA Powered
116 S Kings,Los Angeles, CA 90048
$1,895,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Coming Soon
Listed by: cameron samimi
Office: lyon stahl investment real estate, inc.310-425-9838
MLS#:SB26159535
Source: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 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...

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Home facts

  • Year built:1937
  • Listing ID #:SB26159535
  • Updated:July 22, 2026 at 03:31 AM

Structure and exterior

  • Year built:1937
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,895,000

Features and amenities

  • Laundry features:Inside

Parking

  • Total parking spaces:7
  • Parking description:Garage, Uncovered
  • Garage:Yes
  • Garage spaces:4
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