110 North Kings Road

Sold 4/12/24

Sold

Last Sold Price

$3,645,000

8 beds8 baths8,822 sqft$413/sqft

110 N Kings Rd, Los Angeles, CA 90048

Multi FamilyProperty Type

0.33 acresLot Size

1940Year Built

$413/sq ftPrice per sq ft

8 carsParking Spaces

Description

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....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.

Listed by: Jonathan Taksa DRE #01366169 Brokerage DRE #01164364 • Remax Commercial and Investment Realty

Listing closed: 04/12/2024 12:00 AM • Source: CLAW, MLS#: 24-367469

Recent comparable sales

Median sold price

$2,262,500

Avg days on market

Sale-to-list ratio

87.6%

1/59

$2,262,500

Sold 10/09/24

8
Bedrooms: 8
Bathrooms: 7,544
Square Feet: 0.18
Acres

624 South Dunsmuir Avenue, Los Angeles, CA 90036

1/59

$2,262,500

Sold 10/09/24

8
Bedrooms: 8
Bathrooms: 7,544
Square Feet: 0.18
Acres

630 South Dunsmuir Avenue, Los Angeles, CA 90036

1/21

$1,610,000

Sold 03/06/26

8
Bedrooms: 8
Bathrooms: 7,000
Square Feet: 0.19
Acres

8553 Alcott Street, Los Angeles, CA 90035

1/9

$3,650,000

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8
Bedrooms: 8
Bathrooms: 7,083
Square Feet: 0.17
Acres

2000 North Beachwood Drive, Los Angeles, CA 90068

1/2

$2,375,000

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8
Bedrooms: 8
Bathrooms: 6,567
Square Feet: 0.17
Acres

161 North Sycamore Avenue, Los Angeles, CA 90036

1/2

$2,500,000

Sold 05/06/26

8
Bedrooms: 8
Bathrooms: 5,808
Square Feet: 0.15
Acres

1439 Rexford Drive, Los Angeles, CA 90035

1/2

$2,021,000

Sold 08/27/25

8
Bedrooms: 8
Bathrooms: 5,520
Square Feet: 0.15
Acres

417 North Orange Grove Avenue, Los Angeles, CA 90036

1/21

$2,160,000

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8
Bedrooms: 8
Bathrooms: 6,682
Square Feet: 0.18
Acres

626 South Cloverdale Avenue, Los Angeles, CA 90036

1/22

$2,152,000

Sold 10/10/25

8
Bedrooms: 8
Bathrooms: 5,294
Square Feet: 0.16
Acres

1026 South Shenandoah Street, Los Angeles, CA 90035

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$22,265 per month

30 year fixed, 6.55% Interest

Principal and Interest

$18,527

Property Taxes

$3,738

HOA Dues

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Property Information for 110 North Kings Road

Property Details

MLS Type: Residential Income
County: Los Angeles County
Zoning: LAR3
Parcel Number: 5511010010
Total Units: 8.0
Living Area: 8822
Source Living Area: Assessor
Area: Beverly Center-Miracle Mile (C19)
Vacancy Rate: 7114
Lot Size Area: 14176
Source Lot Size Area: Assessor
Assessor Parcel Number: 5511-010-010
Directions: In between 3rd St. and Beverly Blvd. Walking distance to the Beverly Center and the Grove.
Map Coordinate: -118.371806, 34.074891

Building Information

Stories: 2
Year Built: 1940
Lot Size: 0.33 AC / 14,176 SF

Community / Development

Number Of Units: 8
Senior Community: No

Structure Info

Year Built Source: Assessor
Number Of Stories: 2

Number Of Buildings: 2
Type Of Units: 1s

Contract Info

Probate: No
Disclosures: As Is

Listing Type: Exclusive Agency
Service Level: Full Service

Income & Expenses Information

Scheduled Actual: Actual
Gross Operating Income: $237,119

Net Operating Income: $143,306.00
Gross Income: $237,119
Gross Scheduled Income: $237,119
Cap Rate: 3.88%
Gross Rent Multiplier: $15.58
Total Annual Expense: 86699

Land / Lot Info

Additional Parcel Number: Yes
Lot Acreage: 0.1613

Lot Size Square Feet: 14176

Parking Details

Parking Garage: Assigned
Total Parking: 8

Parking Features: Assigned

Interior Features

Levels: One
Cooling: Wall/Window

Cooling Type: Wall/Window
Heating: Wall
Heating Type: Wall
Equipment: None

Exterior Features

New Construction: No
Other Structures: None

Lease Terms

Entry Date: 03-11-2024
Rent Control: Yes

Rent Control: 100

Unit Details

Unit 1 Information

Unit Beds: 1
Unit Baths: 1

Unit Furnished: No
Unit Rent: $2,470.00
Unit Actual Rent: $19,760.00
Unit Projected Rent: $25,600.00
Like Units: 8

Unit Details

Unit Type Type: 2106

Tax and Assessed Info

Assessed Improvement Value: $105,071.00
Assessed Improvement Percent: 60.52

Assessed Land Value: $68,538.00
Assessed Land Percent: 39.48
Assessed Total Value: $173,609.00

Property History for 110 North Kings Road

Date	Event & Source	Price	Appreciation
Apr 12, 2024	Sold CRMLS #24367469	$3,645,000	—
Apr 12, 2024	Sold CLAW #24-367469	$3,645,000	—
Apr 12, 2024	Sold SDMLS #24-367469	$3,645,000	—
Mar 21, 2024	Pending CLAW #24-367469		—
Mar 21, 2024	Pending SDMLS #24-367469		—
Mar 20, 2024	Pending CRMLS #24367469		—
Mar 11, 2024	Listed (Active) SDMLS #24-367469	$3,695,000	—
Mar 11, 2024	Listed (Active) CLAW #24-367469	$3,695,000	—
Mar 11, 2024	Listed (Active) CRMLS #24367469	$3,695,000	—

Date	Event & Source	Price
04/12/2024	Sold CRMLS #24367469	$3,645,000
04/12/2024	Sold CLAW #24-367469	$3,645,000
04/12/2024	Sold SDMLS #24-367469	$3,645,000
03/21/2024	Pending CLAW #24-367469	—
03/21/2024	Pending SDMLS #24-367469	—
03/20/2024	Pending CRMLS #24367469	—
03/11/2024	Listed (Active) SDMLS #24-367469	$3,695,000
03/11/2024	Listed (Active) CLAW #24-367469	$3,695,000
03/11/2024	Listed (Active) CRMLS #24367469	$3,695,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 110 North Kings Road

Taxable ValueLand$3,032,766Additions$759,492Total$3,792,258

Tax Record2025$44,858 ($3,738 / month)

Home Facts

Baths4Total Finished SqFt4,411 SqFtAbove Grade Finished SqFt4,411 SqFtLot Size7,023 SqFtStyleQuadraplexYear Built1940Year Renovated1940ZoningLAR3CountyLOS ANGELESAPN5511-010-010

Schools near 110 North Kings Road

This home is within Los Angeles Unified School District.


Rating	School	Type	Grades	Distance
7/10	Rosewood Avenue Elementary School	Public - Serves this home	K to 5	0.5 mi
NR	West Hollywood Opportunity School	Public - Nearby school	7 to 12	1.2 mi
5/10	Fairfax Senior High School	Public - Serves this home	9 to 12	0.9 mi
4/10	Whitman Continuation School	Public - Choice school	9 to 12	0.8 mi
9/10	Melrose Elementary School	Public - Choice school	K to 5	1.6 mi
8/10	Los Angeles Center For Enriched Studies	Public - Choice school	6 to 12	2.1 mi
NR	Maimonides Academy	Private - Nearby school	PK to 8	0.4 mi
NR	The Center For Early Education	Private - Nearby school	PK to 6	0.5 mi
NR	Perutz Etz Jacob Hebrew Academy	Private - Nearby school	K to 8	0.5 mi


Rating	School	Distance
7/10	Rosewood Avenue Elementary School PublicK to 5 Serves this home	0.5 mi
NR	West Hollywood Opportunity School Public7 to 12 Nearby school	1.2 mi
5/10	Fairfax Senior High School Public9 to 12 Serves this home	0.9 mi
4/10	Whitman Continuation School Public9 to 12 Choice school	0.8 mi
9/10	Melrose Elementary School PublicK to 5 Choice school	1.6 mi
8/10	Los Angeles Center For Enriched Studies Public6 to 12 Choice school	2.1 mi
NR	Maimonides Academy PrivatePK to 8 Nearby school	0.4 mi
NR	The Center For Early Education PrivatePK to 6 Nearby school	0.5 mi
NR	Perutz Etz Jacob Hebrew Academy PrivateK to 8 Nearby school	0.5 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 110 North Kings Road, Los Angeles, CA 90048	$3,645,000	8	8	8,822	14,176
106-110 Kings Road, Los Angeles, CA 90048	$3,645,000	8	8	8,822	14,176
106 North Kings Road, Los Angeles, CA 90048	–	–	4	4,411	7,153
118 North Kings Road, Unit 404, Los Angeles, CA 90048	$1,225,000	3	3	1,420	–
118 North Kings Road, Unit 402, Los Angeles, CA 90048	$1,220,000	3	3	1,360	–
118 North Kings Road, Unit PH3, Los Angeles, CA 90048	$1,360,000	3	3	1,462	14,050
118 North Kings Road, Unit 401, Los Angeles, CA 90048	$1,250,000	3	3	1,550	–
118 North Kings Road, Unit PH4, Los Angeles, CA 90048	$1,315,000	3	3	1,340	–
118 North Kings Road, Unit 206, Los Angeles, CA 90048	$124,000	3	3	1,440	–
118 North Kings Road, Unit 303, Los Angeles, CA 90048	$839,000	3	2	1,468	–
118 North Kings Road, Unit 202, Los Angeles, CA 90048	$699,000	3	3	1,414	–
118 North Kings Road, Unit 205, Los Angeles, CA 90048	$670,000	2	2	1,208	–
118 North Kings Road, Unit 403, Los Angeles, CA 90048	$910,000	3	3	1,468	–
118 North Kings Road, Unit PH5, Los Angeles, CA 90048	$1,039,000	3	3	1,499	–
118 North Kings Road, Unit 302, Los Angeles, CA 90048	$960,000	3	3	1,414	–
118 North Kings Road, Unit PH1, Los Angeles, CA 90048	$1,285,000	3	3	1,550	–

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Remax Commercial and Investment Realty, Jonathan Taksa, DRE #01366169

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Los Angeles, CA

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