3024 Wellington Road, Los Angeles, CA 90016

  • $3,099,000
3024 Wellington Road
ResidentialIncome Active
3024 Wellington Road, Los Angeles, CA 90016
3024 Wellington Road
  • $3,099,000

Overview

Property ID: HZBB25089874
  • Quadruplex
  • Property Type
  • 0
  • Garage
  • 2025
  • Year Built

Description

3024 Wellington Rd is a brand-new, non-rent controlled, OPPORTUNITY ZONE 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 $230,160 in annual rent, offering a strong 5.82% cap rate and exceptional return on investment.

With only 25 days on market, the building is already 75% leased—with units rented at $4,995, $4,895 and $4,250—and active applications on the remaining 4-bedroom homes. 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!

  • Address Wellington
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90016

Details

Updated on July 5, 2025 at 7:07 pm
  • Property ID: HZBB25089874
  • Price: $3,099,000
  • Land Area: 0.1157 SquareFeet
  • Garage: 0
  • Year Built: 2025
  • Property Type: Quadruplex
  • Property Status: ResidentialIncome
  • Listed by: Lauren Cearley
  • DRE #: 02146823
  • Contact Phone: (213) 302-8662
  • Contact Mail: listings@twotofour.com
  • Brokered by: Myunits.com Inc.

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