3024 Wellington Road, Los Angeles, CA 90016

Local realty services provided by:Better Homes and Gardens Real Estate Clarity
3024 Wellington Road,Los Angeles, CA 90016
$2,985,000
  • - Beds
  • - Baths
  • 6,339 sq. ft.
  • Multi-family
  • Pending
Listed by: lauren cearley, cheyenne womack
Office: myunits.com inc.
MLS#:BB25089874
Source:CRMLS

Price summary

  • Price:$2,985,000
  • Price per sq. ft.:$470.89

About this home

3024 Wellington Rd is a brand-new, non-rent controlled, FULLY OCCUPIED fourplex in the heart of West Adams—one of Los Angeles’ most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street just a few blocks from local favorites like Highly Likely Café, Alta Adams, Mizlala, and Cento Pasta Bar, this stunning property is projected to generate over $225,360 in annual rent, offering a strong REAL 5.93% cap rate and exceptional return on investment. It only took 25 days on market to lease 75% of this building (now 100% leased)—with units rented at $4,995, $4,895, $4,595 and $4,250. This rapid lease-up confirms the property is extremely rentable and highly desirable to today’s tenants. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind. The fourplex (triplex + ADU "in name only") consists of three spacious 4-bedroom townhomes and one 3-bedroom unit, all

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Home facts

  • Year built:2025
  • Listing ID #:BB25089874
  • Added:221 day(s) ago
  • Updated:December 02, 2025 at 08:14 AM

Rooms and interior

  • Living area:6,339 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central Furnace

Structure and exterior

  • Year built:2025
  • Building area:6,339 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$2,985,000
  • Price per sq. ft.:$470.89
  • Tax amount:$37,169
Based on information from California Regional Multiple Listing Service, Inc. as of December 2, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.