Sold for $3,645,000
$3,645,000
110 N Kings Rd, Los Angeles, CA 90048
8beds
8baths
8,822sqft
Multi Family
Built in 1940
-- sqft lot
$4,461,900 Zestimate®
$413/sqft
$3,230 Estimated rent
Home value
$4,461,900
$3.75M - $5.40M
$3,230/mo
Zestimate® history
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Owner options
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What's special
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. THE PRICE IS FOR BOTH 106 AND 110 N KINGS RD.
Zillow last checked: 8 hours ago
Listing updated: April 12, 2024 at 04:15am
Listed by:
Jonathan Taksa DRE # 01366169 310-968-5303,
Remax Commercial and Investment Realty 213-817-1000
Bought with:
Steve Geller, DRE # 01153015
Coldwell Banker Realty
Source: CLAW,MLS#: 24-367469
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 8
Heating
- Wall
Cooling
- Wall/Window Unit(s)
Interior area
- Total structure area: 8,822
- Total interior livable area: 8,822 sqft
Property
Parking
- Total spaces: 8
- Parking features: Assigned
Features
- Levels: One
- Stories: 2
Lot
- Size: 7,026 sqft
Details
- Additional structures: None
- Has additional parcels: Yes
- Parcel number: 5511010010
- Zoning: LAR3
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1940
Community & neighborhood
Location
- Region: Los Angeles
Price history
| Date | Event | Price |
|---|---|---|
| 4/12/2024 | Sold | $3,645,000-1.4%$413/sqft |
Source: | ||
| 3/21/2024 | Pending sale | $3,695,000$419/sqft |
Source: | ||
| 3/11/2024 | Listed for sale | $3,695,000$419/sqft |
Source: | ||
| 8/30/2016 | Listing removed | $2,300+0.2% |
Source: Nelson Shelton Real Estate Era Powered #16150944 Report a problem | ||
| 8/3/2015 | Listing removed | $2,295 |
Source: Nelson Shelton & Associates #15917379 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $44,858 +261% | $3,717,900 +280% |
| 2024 | $12,427 +347.9% | $978,462 +463.6% |
| 2023 | $2,775 +3.8% | $173,609 +2% |
Find assessor info on the county website
Neighborhood: Mid City West
Nearby schools
GreatSchools rating
- 6/10Rosewood Avenue Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10John Burroughs Middle SchoolGrades: 6-8Distance: 2.2 mi
- 6/10Fairfax Senior High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$4,461,900


