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

 

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