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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 3,795,000

Est. payment | -/mo

15 Beds

17 Baths

6,300 Sqft Lot

Save

$ 3,795,000

Est. payment | -/mo

Save

15 Beds

17 Baths

6,300 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID BB26104696

Bedrooms 15

Lot Size 6,300 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

2840 Wellington Rd is a newly constructed five unit luxury investment opportunity located on a quiet residential street in prime Mid-City. This modern asset offers an outstanding 6.46% cap rate supported by approximately $300,000 in gross annual income, with a master lease in place delivering immediate rental stability and minimal operational expenses for investors seeking true day one cash flow. The property is comprised of five ultra high-end residences featuring a desirable mix of expansive four bedroom townhome-style units, a spacious three bedroom, and a one bedroom unit. Each residence showcases open concept floorplans with oversized kitchens, sleek modern cabinetry, stainless steel appliances, designer bathrooms, and abundant natural light, creating a premium living experience that strongly appeals to todays renter. Strategically located just minutes from Culver Citys thriving tech and media corridorincluding Amazon, Apple, HBO, and Sonythis central Mid-City location continues to attract strong rental demand from young professionals seeking convenient access to the Westside, Beverly Hills, and Downtown Los Angeles. With separately metered utilities, brand new construction, central HVAC, in-unit laundry, and low maintenance building systems, 2840 Wellington offers investors a turnkey, operationally efficient asset with strong in-place income and long-term upside in one of Los Angeles most sought-after rental submarkets.

Location

State CA

County Los Angeles

Zoning Builder

Direction Located on Wellington Rd, South of the 10 Freeway.

Interior

Cooling Central Forced Air

Fireplace No

Exterior

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 5050015020

Listed by Cheyenne Womack, DRE#02064825 Myunits.com Inc.

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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2840 Wellington Road Los Angeles, CA 90016