106 110 N Kings Road
Los Angeles, CA 90048
- – beds
- – baths
- – sqft
- 14,176 sqft lot
- 1940 build
- – on site
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PRICE REDUCED $305,000! We are pleased to offer for sale 2 incredible multifamily assets located at 106 N. Kings Rd. and 110 N. Kings Rd. in the heart of the Beverly Grove area of the Westside. Originally built in 1940 and ideally situated on a large double lot, the buildings exude the character and vintage charm of 1940's French Normandy architecture. The properties, each with their own APN, consist of all extremely large 1-bedroom layouts with each unit offering a terrific spacious floor plan flooded with natural light. Beautifully set around a meticulously landscaped and tranquil central courtyard, the buildings offer the astute investor a quintessential value-add opportunity. As current rents hover around $2.25/SF., there is tremendous rental upside through a comprehensive renovation program as units turn. Additionally, there is ample on-site parking with no soft story retrofit required (Buyer to verify). This is a fantastic trophy asset in an undeniably attractive location that will surely pay longterm dividends to a savvy investor. This rare offering presents a canny investor with the unique opportunity to capitalize on higher market rents and to acquire a premier turnkey asset in one of the best rental locations in all of Los Angeles.
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Last updated Apr 12, 2024
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MLS# 24358547 —
The Building
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Year Built:1940
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:8822.00
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Total Number Of Units:8
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# of Buildings:2
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Stories Total:2
Interior
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Features:Crown Molding
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Levels:One
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Flooring:Wood
Location
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Directions:In between 3rd Street and Beverly Blvd. Walking distance to the Beverly Center and the Grove
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Latitude:34.07473600
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Longitude:-118.37180600
The Property
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Property Type:Residential Income
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Zoning:LAR3
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Lot Size Area:14176.0000
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Lot Size Acres:0.3254
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Lot Size SqFt:14176.00
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Lot Size Source:Assessor
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Special Listing Conditions:Standard
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Parcel Number:5511010011
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Appliances
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Included:Yes
The Community
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Association:No
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Senior Community:No
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Assessments:No
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:8.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/12/24
Apr 12, 2024
|
Sold | CRMLS_CA | $3,645,000 | -1.4% |
|
3/21/24
Mar 21, 2024
|
Pending | CRMLS_CA | $3,695,000 | |
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3/11/24
Mar 11, 2024
|
Price Changed | CRMLS_CA | $3,695,000 | -7.6% |
