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New construction
  • Listing Provided by: 

    Lauren Cearley DRE #02146823 209-298-6020,

    Myunits.com Inc.,

    Cheyenne Womack DRE #02064825 805-973-7470,

    Myunits.com Inc.

    Price cut: $49K (7/8)
    $3,050,000

    3024 Wellington Rd, Los Angeles, CA 90016

    15beds
    17baths
    6,339sqft
    : 
    Quadruplex
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $481/sqft
    $-- HOA

    What's special

    Modern open-concept layoutsUpscale unitsAbundant natural lightCharming tree-lined streetLarge windowsSleek contemporary designsHigh-end finishes
    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 5.78% 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!
    123 days
    on Zillow
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    110
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    10
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    Zillow last checked: 7 hours ago

    Listing updated: August 05, 2025 at 09:08pm

    Listing Provided by:

    Lauren Cearley DRE #02146823 209-298-6020,

    Myunits.com Inc.,

    Cheyenne Womack DRE #02064825 805-973-7470,

    Myunits.com Inc.

    Source: CRMLS,MLS#: BB25089874MLS LogoOriginating MLS: California Regional MLS
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    We'll find a local expert to take you on a private tour of 3024 Wellington Rd.

    Next available tour time:Today at 12:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 15
    • Bathrooms: 17
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Washer Hookup, Electric Dryer Hookup, Inside
    Features
    • Open Floorplan, Recessed Lighting, Instant Hot Water
    • Windows: Double Pane Windows
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 6,339
    • Total interior livable area: 6,339 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 6
    • Parking features: Assigned, Uncovered
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: Ground level
    • Exterior features: Lighting
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Neighborhood
    Lot
    • Size: 5,038 Square Feet
    • Features: Landscaped
    Details
    • Parcel number: 5050029044
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern
    • Property subtype: Quadruplex
    Condition
    • Turnkey
    • New construction: Yes
    • Year built: 2025

    Utilities & green energy

    • Electric: Standard
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $481/sqft
    • Annual tax amount: $37,169
    • Date on market: 4/24/2025
    • Listing terms: Submit
    • Total actual rent: 18780
    • Tenant pays: All Utilities
    • Road surface type: Paved
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