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3022 Wellington Rd
Los Angeles, CA 90016

$3,199,000 USD

Apartments For Sale • 6,339 SF

Property Details

Property Type Apartments
Total Building Size 6,339 SF
Lot Size 0.12 AC
Building Class B
Year Built 2025
Cap Rate 5.40 %
Zoning LARD1.5

59 Transit Score

85 Walk Score

                
                    Highlights
                
                                NO RENT CONTROL!
                            
                                OPPORTUNITY ZONE! Major tax benefit (consult CPA).
                            
                                Outstanding projected cap rate of 5.40%!
                            
                                One of the best priced luxury new construction fourplexes in the Mid-City/ West Adams area.
                            
                                Ideal unit mix of three 4 bedrooms and one 3 bedroom! High income producing property!

Property Flyers

3022 Wellington Offering Memorandum

Financial Summary (Proforma)

Net Operating Income: $172,876 USD (2025)

Cap Rate:	5.40 %
Total Expenses:	$47,674 USD

Amenities

Balcony
Dishwasher
Disposal
Microwave
Washer/Dryer
Eat-in Kitchen
Kitchen
Refrigerator
Range
Tub/Shower
Double Pane Windows
Handrails
Instant Hot Water

Public Transportation

Commuter Rail	Drive	Walk	Distance
Los Angeles (Coast Starlight - Amtrak, Pacific Surfliner - Amtrak, Southwest Chief - Amtrak, Texas Eagle - Amtrak)	12 min	-	7.4 mi
Union Station (91 Line - Southern California Regional Rail Authority (Metrolink), Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink), Riverside Line - Southern California Regional Rail Authority (Metrolink), San Bernardino Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink))	14 min	-	7.6 mi
Transit/Subway	Drive	Walk	Distance
Expo/Crenshaw (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	9 min	0.5 mi
Farmdale (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	12 min	0.6 mi
Airport	Drive	Walk	Distance
Los Angeles International	17 min	-	8.8 mi
Bob Hope	27 min	-	15.3 mi
Long Beach (Daugherty Field)	33 min	-	23.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Lauren Cearley 213-302-8662 Myunits.com

3022 Wellington Rd Los Angeles, CA 90016