3022 Wellington Rd - Apartments FOR SALE


Los Angeles, CA 90016
$3,199,000 USD
213-302-8662
3022 Wellington Rd, Los Angeles, CA for Sale
$3,199,000 USD
Apartments - FOR SALE
1/44
null | 5.4% Cap Rate

3022 Wellington Rd
Los Angeles, CA 90016


HIGHLIGHTS

  • NO RENT CONTROL!
  • OPPORTUNITY ZONE! Major tax benefit (consult CPA).
  • Outstanding projected cap rate of 5.40%!
  • One of the best priced luxury new construction fourplexes in the Mid-City/ West Adams area.
  • Ideal unit mix of three 4 bedrooms and one 3 bedroom! High income producing property!

OVERVIEW

The 2-4 Unit Specialists are excited to present 3022 Wellington Rd, 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 short stroll from the trendy Highly Likely Café, this stunning property is projected to generate over $229,740 in annual rent, offering an exceptional return on investment. Located within an Opportunity Zone, 3022 Wellington Rd provides significant potential tax incentives for buyers (consult with your CPA). 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, 3022 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!

FOR SALE DETAILS

PRICE

$3,199,000 USD

PRICE/SF

$505 USD /SF

# OF UNITS

4

PRICE/UNIT

$799,750

CAP RATE

5.4%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

WEST ADAMS 2025 DESIGNER FOURPLEX | OPP. ZONE

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2025

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,038 SF

ZONING

LARD1.5

APN/PARCEL ID

5050-029-044

ASK ABOUT THIS PROPERTY

Lauren CearleyMyunits.comMore Info
213-302-8662

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Lauren CearleyMyunits.comMore Info
213-302-8662

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.