508 N Kings Rd
WEST HOLLYWOOD, CA 90048

Property

Ownership: For Sale
Bedrooms: 10 BR
Bathrooms: 8
Area: 4594 sq ft
Lot Size: 0.11 Acres

Financials

Price:$2,850,000
271 North Canon Drive Beverly Hills, CA 90210
Listing Courtesy of Marcus & Millichap

Description

This property offers a compelling investment opportunity with a diverse and well-balanced unit mix, including spacious three-bedroom layouts, versatile two-bedroom units, and a studio. Four of the residences are townhomes, offering added privacy and strong appeal for long-term tenants. The property is fully stabilized, producing consistent cash flow and making it an excellent fit for investors seeking reliable returns and long-term stability. All units have been tastefully renovated with high-quality finishes, creating a modern, timeless living environment that attracts quality tenants and helps reduce turnover costs. Each home is further enhanced with desirable amenities such as in-unit laundry, central air and heat, dishwashers, built-out closets, fireplaces, and smart-home features like Nest thermostats, aligning with the needs of today's renters.Situated in the heart of West Hollywood, the property enjoys a prime location surrounded by world-class dining, cultural attractions, and entertainment venues, ensuring steady tenant demand. Its proximity to major employment hubs in the entertainment, media, and technology sectors further strengthens its appeal to highly qualified renters who value convenience and lifestyle. Additionally, Los Angeles' significant affordability gapwhere homeownership costs often exceed double the monthly rentcontinues to drive strong demand for rental housing, providing ongoing resilience and long-term performance for this asset.

Neighborhood

More listings:

508 N Kings Rd 10BR Beverly Grove La


CLAW

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.