508 N Kings Road

West Hollywood , CA 90048

MLS#: 25592483

$2,850,000

Status: Active
Listing number: 25592483
Listing provided by: Marcus & Millichap
Listing agent phone: None
Last update: 21 days ago
On site: 29 days ago
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Property

Beds

10

Full Baths

None

1/2 Baths

None

Year Built

1965

Sq.Footage

5,704

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.

Features & Amenities

Interior

  • Total Bedrooms

    10

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Heating YN

    YES

  • Heating

    Central

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    4

  • Construction Materials

    Stucco

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1055

  • Property Type

    Residential Income

Price

  • Sales Price

    $2,850,000

  • Sq. Footage

    5, 704

  • Price/SqFt

    $499

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    2

  • Senior Community YN

    NO

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Location

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Los Angeles

Elementary School

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Listing Courtesy of Saadia 'Sam' Liberow , Marcus & Millichap

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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.

508 N Kings Road

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