Home | Los Angeles County | Los Angeles | 90048 | 116 S Kings
MLS: CRSB26159535 | Status: Active | Price: $1,895,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 7,026 | 1937 |
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 ver
| Field | Value |
|---|---|
| MLS # | CRSB26159535 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Appliances | Other |
| Feature | Details |
|---|---|
| Pool | None |
| Feature | Details |
|---|---|
| Garage/Parking | Garage, Garage: 4 Car(s) |
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
License #: 02035763
Phone: (310) 259-7556
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 3 | 3 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 1567 S Spaulding | $1,725,000 | – | – | – | Active |
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This listing information is up-to-date as of July 22, 2026. For the most current information, please contact Cameron Samimi, (310) 259-7556.