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.
For sale
Listed by: Lyon Stahl Investment Real Estate, Inc. • Cameron Samimi • Contact: 310-259-7556
$2,475,000
110 S Kings Rd, Los Angeles, CA 90048
8beds
6baths
4,826sqft
Triplex
Built in 1936
-- sqft lot
$2,371,700 Zestimate®
$513/sqft
$-- HOA
What's special
- 27 days
- 265
- 27
Zillow last checked:
Listing updated:
Listed by:
Cameron Samimi DRE #02035763 310-259-7556,
Lyon Stahl Investment Real Estate, Inc.
Source: CRMLS,MLS#: SB26184097
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
Appliances
- Laundry: Laundry Closet, In Kitchen, Outside
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 4,826
- Total interior livable area: 4,826 sqft
Property
Features
- Levels: Two
- Stories: 2
- Entry location: Front Side
- Pool features: None
Lot
- Size: 7,023 Square Feet
- Features: 0-1 Unit/Acre
Details
- Parcel number: 5511016003
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Street Lights, Suburban, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $513/sqft
- Tax assessed value: $2,218,500
- Date on market: 8/25/2026
- Cumulative days on market: 28 days
- Listing terms: Cash,Conventional
- Total actual rent: 16281
Estimated market value
$2,371,700
$2.25M - $2.49M
$4,049/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2026 | Listed for sale | $2,475,000+7.8%$513/sqft |
Source: | ||
| 3/17/2026 | Listing removed | $2,295,000$476/sqft |
Source: | ||
| 1/6/2026 | Price change | $2,295,000-2.3%$476/sqft |
Source: | ||
| 11/5/2025 | Listed for sale | $2,350,000$487/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,218,500 +1089.5% |
| 2025 | $2,941 +5.1% | $186,509 +2% |
| 2024 | $2,799 +1.4% | $182,853 +2% |
| 2023 | $2,759 +3.9% | $179,268 +2% |
| 2022 | $2,655 +2.5% | $175,754 +2% |
| 2021 | $2,591 -0.6% | $172,308 +1% |
| 2020 | $2,606 | $170,542 +2% |
| 2019 | $2,606 +10.4% | $167,199 +2% |
| 2018 | $2,360 | $163,921 +2% |
| 2017 | $2,360 +1.8% | $160,708 +2% |
| 2016 | $2,317 +5.1% | $157,558 +1.5% |
| 2015 | $2,205 0% | $155,193 +2% |
| 2014 | $2,205 | $152,154 +2.5% |
| 2012 | -- | $148,498 +2% |
| 2011 | -- | $145,587 +0.8% |
| 2010 | -- | $144,500 -0.2% |
| 2009 | -- | $144,844 +2% |
| 2008 | -- | $142,005 +2% |
| 2007 | -- | $139,222 +2% |
| 2006 | -- | $136,493 |
| 2005 | -- | $136,493 +4% |
| 2004 | -- | $131,195 +1.9% |
| 2003 | -- | $128,791 +2% |
| 2002 | -- | $126,266 +4% |
| 2000 | -- | $121,365 |
Find assessor info on the county website
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