3024 Wellington Road, Los Angeles, CA 90016

Local realty services provided by:ERA North Orange County Real Estate
3024 Wellington Road,Los Angeles, CA 90016
$2,985,000
Virtual Tour
  • 15 Beds
  • 17 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:lauren cearley
Office:san diego
MLS#:BB25089874
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,985,000

About this home

3024 Wellington Rd is a brand-new, non-rent controlled, FULLY OCCUPIED fourplex in the heart of West Adamsone 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 Caf, 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 todays tenants. Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builders 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

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Home facts

  • Listing ID #:BB25089874
  • Added:163 day(s) ago
  • Updated:October 05, 2025 at 01:53 PM

Rooms and interior

  • Bedrooms:15
  • Total bathrooms:17

Heating and cooling

  • Cooling:Central Forced Air

Finances and disclosures

  • Price:$2,985,000
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