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110-116 S Kings Rd
Los Angeles, CA 90048
14,000+ Sq Ft of Land in Prime Beverly Grove · Land For Sale
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0.32 AC
Investment Highlights
- PRIME AAA+ Location in Beverly Grove: Adjacent to West Hollywood and Beverly Hills.
- Eligible for a 36-unit project under the Citywide Housing Incentive Program (CHIP), plus 8 additional ADUs for a total of 44 units
- TIER 2 TOIA (Transit Oriented Incentive Area): 45% FAR increase and an 11-ft height bonus, ideal for maximizing development value.
- RARE Double Lot Opportunity: Spanning over 14,000 sq. ft. (zoned LA R3) with dimensions of 108 D x 131 ft W
- COVERED Land Play: $19,500/month in rental income to offset carrying costs while securing redevelopment permits.
- 90 Walk Score! Located just off 3rd Street, surrounded by upscale dining, shopping, and entertainment options
Property Facts
| Property Type | Land | Total Lot Size | 0.32 AC |
| Property Subtype | Commercial | ||
| Zoning | LA-R3 - restricted Density Multiple Dwelling | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.32 AC |
| Zoning | LA-R3 - restricted Density Multiple Dwelling |
Description
Two Parcels totaling 14,176 of Land Zoned LA-R3 Eligible for Tier 2 (TOIA) - 44 Unit Redevelopment Site
Property Taxes
| Parcel Numbers | Improvements Assessment | $387,718 | |
| Land Assessment | $795,222 | Total Assessment | $1,182,940 |
Property Taxes
Parcel Numbers
Land Assessment
$795,222
Improvements Assessment
$387,718
Total Assessment
$1,182,940
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