MultiFamily Investment Property at 110 South Kings Road
$2,475,000
110 South Kings Road, LOS ANGELES, CA 90048
4,826 SF
Square Feet
$513
PPSF
3
Units
800.0K
PPU
6.34%
CAP
Property Description
Units
3 — PPU: 800.0K
NOI
$156,849
Cap Rate
6.34%
110 S Kings Rd is a 3-unit multifamily investment opportunity in Los
Angeles, offered at $2,475,000 ($825,000/unit), reflecting a 6.34%
current cap rate and a 12.59 GRM. Pro forma rents reflect a 49.56%
increase in scheduled income, highlighting meaningful value-add
upside.
Built in 1937, the property totals approximately 4,826 SF on a 7,026 SF
lot ($513/SF). The property features a unit mix of (1) 2+2 (2) 3+2, with
6 on-site parking spaces.
110 S Kings Rd is well positioned in Los Angeles, CA 90048, close to
major employment centers, retail corridors and transit, in a rental
market characterized by consistent demand and long-term
appreciation.
Property Details
Asset Type
MultiFamily
Year Built
1936
Zoning
LAR3
Lot Size
7,023 SF
Neighborhood
LOS ANGELES
Submarket
Los Angeles
ZIP
90048
Listing Type
sale
Net Operating Income (NOI)
$248,841
Debt Service Coverage Ratio (DSCR)
1.77x
Cap Rate
10.05%
Cash Flow (Annual)
$108,048
Cash-on-Cash Return
17.46%
Monthly Debt Service
$11,733
Annual Debt Service
$140,793
View on Map
Address
110 South Kings Road
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Los Angeles MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale
No investors found in this market.
