116 S Kings, Los Angeles, CA 90048

• 6 beds |
• 6 baths

Property Description

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 LAs 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.

Listing Status:

Active

Date Added:

July 20, 2026

Data Last Updated:

July 30, 2026 at 1:11AM

Listing Office:

Lyon Stahl Investment Real Estate, Inc. : 310-425-9838

Listing Agent:

Cameron Samimi : 310-259-7556

MLS ID:

SB26159535

Exterior

• Pool: N/K

Construction

• General: 2 Story

Location

• Originating MLS: California Regional MLS
• County: Los Angeles

Lot

• Zoning: Assessor5511016004

Financial

• Source: California Regional MLS