3022 Wellington RD Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90016
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID BB25003153
Year Built 2024
Annual Tax Amount $38,369
Lot Size 5,039 Sqft
Property Sub-Type Quadruplex
Property Description
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 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!
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Heating Central
Cooling Central Air
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Off Street,Paved
Pool None
Community Features Street Lights,Sidewalks
View Y/N Yes
View City Lights,Neighborhood
Building
Lot Description Paved
Story 3
Sewer Public Sewer
Water Public
New Construction Yes
Others
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
Virtual Tour https://www.myunits.com/buy/3022wellington