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$1,895,000
SB26159535 MLS ⋅ Active Status
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.

116 S Kings, Los Angeles
$874,000
2 Beds ⋅ 2 Baths ⋅ 26859895 MLS ⋅ Active Status
Beautifully Renovated Penthouse-Level Condo in the Heart of Pico-Robertson. Welcome to Unit 303 a stunning top-floor residence offering the best of West Los Angeles living. This spacious 2-bedroom, 2-bathroom condo spans approximately 1,312 square feet and delivers an elevated lifestyle in one of LA's most sought-after and walkable neighborhoods. Step inside to a bright, open-concept living and dining area anchored by a stunning fireplace, soaring 12-foot ceilings, and an abundance of natural light and flowing seamlessly onto the split balcony, making it an effortless extension of the entertaining space. The well-appointed kitchen features quartzite countertops, stainless steel appliances, custom cabinetry, and generous pantry storage ideal for both everyday living and entertaining. The primary suite is a true retreat, complete with dual closets and a spa-inspired en-suite bath featuring a standalone soaking tub and separate shower. The bedroom opens directly to the split balcony, where breathtaking sunset views paint the LA sky every evening. Two blocks from Beverly Hills Park with pickleball courts and surrounded by some of the city's finest dining, this address puts the best of LA within easy reach. Beverly Hills, Century City, The Grove, The Beverly Center and Cedars-Sinai are all just minutes away. Additional highlights include: laundry room, secure controlled-access building, elevator service, and gated tandem parking space for 2.

1240 S Corning Street Unit 303, Los Angeles

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.