3024 Wellington Road
Los Angeles, CA 90016
Map
- – beds
- – baths
- – sqft
- 5,038 sqft lot
- 2025 build
- – on site
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!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Jun 2, 2025
•
MLS# BB25089874 —
This property is listed in more than one place. See it here.
The Building
-
Year Built:2025
-
Year Built Source:Builder
-
New Construction:Yes
-
Building Area Total:6339.00
-
Building Area Units:Square Feet
-
Total Number Of Units:4
-
# of Buildings:2
-
Architectural Style:Modern
-
Exterior Features:Lighting
-
Stories Total:3
-
Entry Level:1
-
Common Walls:No Common Walls
-
Green Verification:1
-
# of Separate Water Meters:4
-
# of Separate Electric Meters:4
Interior
-
Features:Open Floorplan, Recessed Lighting
-
Levels:Three Or More
-
Entry Location:Ground level
-
Window Features:Double Pane Windows
-
Fireplace:No
-
Fireplace:None
-
Laundry:Dryer Included, Electric Dryer Hookup, Inside, Washer Hookup, Washer Included
-
Laundry:1
Location
-
Directions:Just 3 minutes south of the I-10 via La Brea (exit, head south, left on 30th, right on Wellington), 3024 Wellington Rd sits in the heart of West Adams—a rapidly appreciating rental hub with walkable dining, shops, and strong tenant demand.
-
Latitude:34.02686800
-
Longitude:-118.33825900
The Property
-
Property Type:Residential Income
-
Subtype:Quadruplex
-
Property Condition:Turnkey
-
Zoning:LARD1.5
-
Lot Features:Landscaped
-
Lot Size Area:5038.0000
-
Lot Size Acres:0.1157
-
Lot Size SqFt:5038.00
-
Lot Size Source:Public Records
-
View:1
-
View:City Lights, Neighborhood
-
Road Frontage:City Street
-
Road Surface Type:Paved
-
Additional Parcels:No
-
Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
-
Tax Tract:5780
-
Tax Lot:206
-
Tax Annual Amount:37169.00
The Listing
-
Special Listing Conditions:Standard
-
Parcel Number:5050029044
Heating & Cooling
-
Heating:1
-
Heating:Central
-
Cooling:Yes
-
Cooling:Central Air
Utilities
-
Sewer:Public Sewer
-
Electric:Standard
-
Water Source:Public
Appliances
-
Appliances:Dishwasher, Electric Oven, Electric Range, Instant Hot Water, Microwave, Refrigerator
-
Included:Yes
The Community
-
Neighborhood:West Adams
-
Features:Sidewalks, Street Lights
-
Pool:None
-
Senior Community:No
-
Private Pool:No
-
Spa Features:None
Parking
-
Parking:Yes
-
Parking:Assigned, Uncovered
-
Parking Spaces:6.00
Extra Units
-
Average 3 Bed Area:1278
-
Number With Dishwasher:4
-
Number With Refrigerator:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/2/25
Jun 2, 2025
|
Price Changed | CRMLS_CA | $3,099,000 | -3.1% |
|
4/24/25
Apr 24, 2025
|
Listed / Active | CRMLS_CA | $3,199,000 |
