1203 N Kings Rd
Desirable Unit Mix: Large, well-balanced unit composition that caters to a broad tenant base, supporting long-term occupancy stability. Large Units.
Value-Add Opportunity: Potential to enhance revenue through interior upgrades, operational efficiencies, and improved property management practices.
Walkable, Amenity-Rich Neighborhood: Tenants benefit from a highly walkable location with immediate access to grocery stores, nightlife, cafes, and public transportation.
Prime West Hollywood North of Sunset Location: Situated in one of Los Angeles’ most desirable rental markets, the property benefits from close proximity to Sunset Strip, Santa Monica Boulevard, and major lifestyle amenities including dining, retail, and entertainment.
Strong Rental Demand Submarket: West Hollywood consistently experiences high tenant demand driven by limited housing supply, walkability, and access to major employment hubs throughout the Westside and Hollywood.
Onsite Laundry
Subterranean Parking
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Highest & best offer |
| Property Types: | Apartment Buildings |
| Price: | $10,500,000 |
| No. of Units: | 30 |
| Cap Rate: | 2.26% |
| GRM /GIM: | 10.81 |
| Building Size: | 38,570 Sq ft |
| Opportunity Zone: | No |
| Price per unit: | $350,000 |
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