Coming Soon
Listed price in listed location currency (USD).
$1,895,000

007

MLS® SB26159535

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage Yes
HOA Fees 
Taxes 
Approx. Age 1937
MLS® Number SB26159535

Property Address: 116 S Kings, Los Angeles, CA, 90048

Average square foot calculated using Size range provided by listing agent.

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 verify all development potential.
MLS® NumberSB26159535
Locker
Ensuite LaundryYes
Balcony
Furnished
Laundry LevelEnsuite
Exposure
Exterior
GarageYes
Approx. Age1937
Stories2
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C

Extras

Price History

Aug 20, 2026End Date
-Sold Price

Coming Soon

Jul 21, 2026List Date
$1,895,000List Price
  • Commute

Commute

Starting Address
Destination Address
116 S Kings, Los Angeles, CA

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