110-116 S Kings Rd - Apartments FOR SALE
Los Angeles, CA 90048 |
110-116 S Kings Rd
Los Angeles, CA 90048
HIGHLIGHTS
- AAA + Prime Beverly Grove Location Adjacent to West Hollywood & Beverly Hills
- RARE Double Lot consisting of +14,000 Zoned LA R3 - Dimensions (W 108X D 131)
- TIER 2 TOC (60% Bonus, + 45% FAR + 11 Ft Height Bonus)
- ELIGIBLE for a 36 Unit Redevelopment + 8 ADU for a total of 44 Units (Only 4 Low Income Replacement)
- TIER 3 HACLA - ED1 SECTION 8 Low Income Housing
- COVERED Land Play - Allows for a developer to earn income while working on entitlements
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
14,000+ Sq Ft of Land in Prime Beverly Grove
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
8286
STORIES
2
YEAR BUILT
1936
PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
5511-016-003,5511-016-004
