Active
3022 Wellington Road
Los Angeles CA, 90016
$3,199,000
$504.65 per sqft
Active
6,339 sqft
Multi-family
Built in 2024
Listed by Elizabeth Maddox with Myunits.com Inc. 818-850-8485
3022 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 short stroll from the trendy Highly Likely Cafe, 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!
BB25003153
MLSⓇ ID
January 28, 2025
Listed
January 29, 2025
Updated
Map
3022 Wellington Road
Los Angeles CA, 90016
Interior Features
Total Stories
3
Interior Features
Open Floorplan, Recessed Lighting
Appliances
Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
Laundry Description
Inside
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.12 Acres
Lot Features
Paved
Architectual Style
Modern
Sewer
Public Sewer
Other Property Details
Area Name
C34 - Los Angeles Southwest
Taxes
$38,369
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
Off Street, Paved
Parking Total
6
View
Yes
View Description
City Lights, Neighborhood
County
Los Angeles
Water Source
Public
Pool
No
Pool Features
None
Listing Contact: 818-859-7242
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/29/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 1/29/2025 at 3:10 PM UTC