3024 Wellington Rd | Los Angeles, CA 90016
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
3024 Wellington Rd
Los Angeles, CA 90016
West Adams 2025 Designer Fourplex | 5.82% Cap · Multifamily Property For Sale
·
4 Units
Investment Highlights
- Three units leased in under 25 days, proving extremely high rentability!
- FULLY LEASED! Making you money on day 1!
- One of the best priced luxury new construction fourplexes in the Mid-City/ West Adams area.
- NO RENT CONTROL!
- Outstanding REAL cap rate of 5.93%!
- All units separately metered. Tenants pay all utilities, making for minimal expenses.
Property Facts
| No. Units | 4 | Building Size | 6,339 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2025 |
| Building Class | B | Parking Ratio | 0.95/1,000 SF |
| Lot Size | 0.12 AC | ||
| Zoning | LARD1.5 - restricted Density Multiple Dwelling | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 6,339 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | LARD1.5 - restricted Density Multiple Dwelling |
Amenities
Unit Amenities
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Washer/Dryer Hookup
- Eat-in Kitchen
- Refrigerator
- Range
- Tub/Shower
- Deck
- Double Pane Windows
- Handrails
- Instant Hot Water
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4.5 | 2 | $4,745 | 1,594 - 1,671 |
| 4+4 | 1 | $4,995 | 1,796 |
| 3+3 | 1 | $4,295 | 1,278 |
Property Taxes
| Parcel Number | 5050-029-044 | Improvements Assessment | $976,500 |
| Land Assessment | $676,056 | Total Assessment | $1,652,556 |
Property Taxes
Parcel Number
5050-029-044
Land Assessment
$676,056
Improvements Assessment
$976,500
Total Assessment
$1,652,556
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
