110 S Kings Rd, Los Angeles, California 90048, Los Angeles, 90048 - 0 bed, 0 bath
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110 S Kings Rd
Los Angeles, California 90048
ACTIVE
CONDITION: EXCELLENT
0Beds
0Baths
4,826Sq Ft
7,023Lot Size
Property Price
LIST PRICE$2,475,000
EST. MARKET VALUE
$2,800,284
11% BelowMARKET VALUE
SUMMARY
This Triplex Residential Income property is a High-Potential Investment Opportunity, listed at $2,475,000—positioned well below the $2,800,285 Fair Market Value by 11%. This valuation gap offers $325,285 in Instant Equity. Featuring a Condition Rating of 2 with modern kitchen renovations, the property provides 4,826 sqft of living space in a prime location. With high rental demand and proximity to top-rated schools like West Hollywood Elementary, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs.
Estimated Market Value
$2,800,284+$325,284 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 110 S Kings Rd Subject | $2,475,000* List Price | 0 | 0 | 4,826 | $580 | - |
A 542 N Kilkea Drive Sold | $2,050,000 | 5 | 5 | 3,376 | $607 | 0.6 mi |
B 542 N Kilkea Drive Sold | $2,050,000 | 0 | 0 | 3,356 | $611 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 1936, the property features a high-quality, modern renovation likely completed within the last 5 years. The kitchen is in mint condition with updated shaker cabinets, butcher block countertops, subway tile backsplash, and stainless steel appliances, requiring no immediate maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Situated in the highly desirable Beverly Center-Miracle Mile area, this property offers excellent proximity to world-class shopping, dining, and employment hubs, ensuring high tenant demand.
- Substantial Living Space
With a generous 4,826 square feet of living space, the units are significantly larger than average for the area, providing a competitive edge in the rental market.
- Investment Versatility
As a triplex in a high-value zone, the property presents a versatile opportunity for investors seeking steady cash flow or owner-users looking to offset their mortgage with rental income.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Built in 1936, the property likely requires significant capital expenditures for modernizing essential systems such as plumbing, electrical, and HVAC to meet current standards.
- High Entry Barrier
The $2.475 million price point represents a significant initial investment, which may result in a lower immediate cap rate until units are renovated and brought to market rates.
About 110 S Kings Rd
110 S. Kings Road — Rare Owner-User Townhome Investment with 6.34% Cap Rate, 12.59 GRM & Development Upside Offered at $2,475,000, the property is currently operating at an attractive 6.34% CAP Rate and 12.59 GRM—unusually strong metrics for a prime 90048 location. The property consists entirely of townhome-style units, with a unit mix of two 3-bedroom/2-bath residences and one 2-bedroom/2-bath residence. Most importantly for an owner-user, one of the 3-bedroom, 2-bath townhomes is currently vacant and available for immediate occupancy. A buyer can move directly into a substantial residence while collecting income from the other two townhome units. Strong Income Today — Significant Upside Tomorrow The property generates approximately $196,572 in annual scheduled gross income, producing approximately $156,849 of current NOI and the aforementioned 6.34% current CAP Rate. The Offering Memorandum projects approximately 49.56% rental upside, with pro forma income of approximately $294,000 annually. The property sits on an approximately 7,026-square-foot lot and is zoned LA R3, creating an additional layer of value beyond the existing income stream. The site also offers the potential to add three ADUs, creating an opportunity to significantly increase unit count, income and overall property value while retaining the existing townhome residences. Any ADU or redevelopment potential should be independently verified by the buyer with the City of Los Angeles and appropriate land-use professionals. A True Owner-User + Investment Opportunity 6.34% Current CAP Rate 12.59 Current GRM Three Townhome-Style Units Vacant 3-Bedroom / 2-Bath Townhome Massive 4,826 SF of Existing Building Area Approximately 7,026 SF Lot Potential for Three Additional ADUs Six On-Site Parking Spaces Located just moments from Beverly Hills, West Hollywood, The Grove, Original Farmers Market, Beverly Center, Cedars-Sinai, Melrose Avenue and some of Los Angeles’ premier dining and shopping, 110 S. Kings Road gives a buyer the ability to live in a spacious three-bedroom townhome, collect substantial rental income, and control a sizeable R3-zoned parcel with additional development upside. Live in one. Collect income from two. Potentially build three more. At a 6.34% CAP Rate and 12.59 GRM in the heart of 90048, this is a compelling combination of lifestyle, current cash flow and future upside.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1936
- Lot Size
- 7,023 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Los Angeles Unified Schools
Rosewood Avenue Elementary School, School for Advanced Studies
Grades K-6 • 0.6 mi
4/10
Hancock Park Elementary School
Grades K-5 • 0.7 mi
7/10
Carthay Center Elementary
Grades K-5 • 1.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.6 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,826 | 2,187.451 |
| Lot Size | 7,023 | 5,841.385 |
| Price | $2.48M | $841.5K |
| Price per sq ft | $513 | $385 |
| Built year | 1936 | 1928 |
| HOA | $0 | $0 |
| Days on market | 15 | 85 |
Pricing History
Listed for Sale
Aug 25, 2026
$2,475,000
Initial Listing
Sold
May 1, 2025
$2,175,000
Public Record