116 S Kings Rd
Los Angeles, CA 90048
14 Beds12 Baths8,286 Sq Ft4 Days on Market
For Sale $4,500,000
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Courtesy of Lyon Stahl Investment Real Estate, Inc.
Listing Agent & Comments
Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
310-492-8402 • michael.monem@lyonstahl.com License #01996829* 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.
MLS# 25490213 • Data provided by CRMLS
Living Area | 8,286 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 14 |
Bathrooms | 12 |
Stories | 2 |
Year Built | 1936 |
Property Type | Multifamily |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $12,272 |
Property in Flood Zone | -- |
Data provided by CRMLS.
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HouseCanary, Inc. Brokerage
116 S Kings Rd., Los Angeles, CA 90048
Multifamily14 Beds12 Baths8,286 Sq Ft4 Days on Market
Listing Agent & Comments
Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
310-492-8402 • michael.monem@lyonstahl.com License #01996829* 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.
MLS# 25490213 • Data provided by CRMLS
Living Area | 8,286 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 14 |
Bathrooms | 12 |
Stories | 2 |
Year Built | 1936 |
Property Type | Multifamily |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $12,272 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $4,500,000
Request tour
Save
Courtesy of Lyon Stahl Investment Real Estate, Inc.
116 S Kings Rd
Los Angeles, CA 90048
14 Beds12 Baths8,286 Sq Ft4 Days on Market
Listing Agent & Comments
Michael Monempour • Lyon Stahl Investment Real Estate, Inc.
310-492-8402 • michael.monem@lyonstahl.com License #01996829* 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.
MLS# 25490213 • Data provided by CRMLS
Living Area | 8,286 Sq.Ft. |
---|---|
Lot Size | 0.3 Acres |
Total Rooms | -- |
Bedrooms | 14 |
Bathrooms | 12 |
Stories | 2 |
Year Built | 1936 |
Property Type | Multifamily |
Zoning | LAR3 |
HOA Name | -- |
HOA Fee | -- |
HOA Includes | -- |
Tax Year | 2024 |
Tax Amount | $12,272 |
Property in Flood Zone | -- |
Data provided by CRMLS.
We’ll connect you with top agents in your area.
This property is missing data for:
Comparable properties and forecast
New
Do you own this home?
Access your homeowner dashboard
For Sale $4,500,000
Request tour
Save
Courtesy of Lyon Stahl Investment Real Estate, Inc.