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Listing Courtesy Of:
Lyon Stahl Investment Real Estate, Inc., 310-425-9838, Michael Monempour
Local Realty Services Provided By:
Keller Williams Realty Hollywood Hills
Overview
What It'll Cost
Neighborhood
110 -116 S Kings Rd, Los Angeles, CA 90048
14 Beds
12 Baths
110 -116 S Kings Rd, Los Angeles, CA 90048
Estimation provided by Keller Williams Realty Inc.
14 Beds
12 Baths
Pending
For Sale
Property Description
* 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.
Property Details
Compare This Home
Overview
Property Type
Residential Income
Property Size
Year Built
1936
Days on Site
56 Days
Parking
12 Parking Spaces
Activity History
VIEWS
SAVES
SHARES
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
(Local time)
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.
Estimated Monthly Payment
Purchase Price:
$4,500,000
Principal + Interest
Property Tax
Home Insurance
HOA/Condo Fee
Mortgage Insurance
Monthly Payment
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Price & Tax History
Date
Event
Price
01/27/2025
Listed
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
(+3.91% )
Land 68,305 +
Additions 110,963
2022
(+2.46% )
Land 65,653 +
Additions 106,655
2021
(+2.64% )
Land 65,653 +
Additions 106,655
2019
(+376,702.99% )
Land 64,980 +
Additions 105,562
2017
Land 61,233 +
Additions 99,475
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.
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Transit & Commute
Estimated commute times from West Grove
Car-Dependent
Walkable
Very Walkable