110-116 S Kings Rd | Los Angeles, CA 90048
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- LoopNet Team
110-116 S Kings Rd
Los Angeles, CA 90048
14,000+ Sq Ft of Land in Prime Beverly Grove · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- AAA + Prime Beverly Grove Location Adjacent to West Hollywood & Beverly Hills
- TIER 2 TOC (60% Bonus, + 45% FAR + 11 Ft Height Bonus)
- TIER 3 HACLA - ED1 SECTION 8 Low Income Housing
- RARE Double Lot consisting of +14,000 Zoned LA R3 - Dimensions (W 108X D 131)
- ELIGIBLE for a 36 Unit Redevelopment + 8 ADU for a total of 44 Units (Only 4 Low Income Replacement)
- COVERED Land Play - Allows for a developer to earn income while working on entitlements
PROPERTY FACTS
| No. Units | 6 | Lot Size | 0.32 AC |
| Property Type | Multifamily | Building Size | 8,286 SF |
| Property Subtype | Apartment | Average Occupancy | 83% |
| Apartment Style | Low-Rise | No. Stories | 2 |
| Building Class | C | Year Built | 1936 |
| Zoning | LAR3 - 1 Unit for Every 800 SF of land By Right | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.32 AC |
| Building Size | 8,286 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1936 |
| Zoning | LAR3 - 1 Unit for Every 800 SF of land By Right |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 4 | - | 1,150 - 1,200 |
| 3+2 | 2 | - | 1,800 |
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