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 thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters.
Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units, and unbeatable location, 3024 Wellington Rd is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market.
This is your chance to own a turnkey investment in one of LA’s hottest neighborhoods—don’t miss out!
Contact an agent
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
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