508 N Kings Road

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Source: California Regional MLS

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CLW-C119946

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, West Hollywood, CA 90048

Market Report for 90048

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