Listed by Cheyenne Womack•DRE #02064825• Myunits.com Inc.
Listed by Lauren Cearley•DRE #02146823• Myunits.com Inc.
Contact: 805-973-7470
For sale
$3,795,000
Est. $25,107/mo —
16
bd
•
13 ba
•
7,561
sq ft
2840 Wellington Rd, Los Angeles, CA 90016
About this home
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 today’s renter. Strategically located just minutes from Culver City’s thriving tech and media corridor—including Amazon, Apple, HBO, and Sony—this 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.
West Adams, located between Culver City and Downtown Los Angeles, is a historic and residential Los Angeles neighborhood with grand Victorian-era homes and a growing food-and-arts corridor. The neighborhood’s character concentrates along Adams Boulevard near La Brea Avenue, where coffee counters, chef-driven dining rooms, and small galleries line the street. Landmark Craftsman and Queen Anne houses sit beside brick commercial blocks and pocket gardens, giving the area a layered streetscape. The West Adams Heritage Association anchors preservation-minded programming and walking tours. Alta Adams and Mizlala West Adams act as local pillars for dining and gathering. The Expo Line at La Brea/Expo frames a transit-linked edge for daily routines.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Balcony
Recessed lighting
Open floor plan
Three or more levels
Turnkey condition
Has view
Bedrooms
Multiple unit types with 1 to 4 bedrooms (units include 1-bed, 3-bed and 4-bed configurations)
Bathrooms
Units include a mix of 1 to 5 total bathrooms (combinations of full and half baths depending on unit)
Kitchen
Garbage disposal
Microwave
Refrigerator
Gas range
Freezer
Gas oven
Dishwasher
Laundry & utility
In-unit laundry available
Washer included
Dryer included
Flooring
Tile
Vinyl
Heating & cooling
Central cooling
Central furnace heating
Exterior features
No pool
Level with street
Landscaped
Lot-level/flat
Curbs, street lighting and sidewalks in the community
Located in sunny Los Angeles, this charming 3-bedroom, 2-bath home is a rare opportunity for any buyer with a vision. Highlights include a warm fireplace, unique curved ceiling, charming dining cove, spacious backyard and more! This property provides convenient access to the 10 freeway and is centrally positioned to the many shopping and dining destinations found on W. Adams Blvd. & W. Jefferson Blvd. Submit your offer today!
Year
Property tax
Land + Additions
Assessment*
2025
$38,062 (+71.1%)
$1,875,000 + $1,250,000
$3,125,000
2024
$22,250 (+108.5%)
$1,875,000 + $1,250,000
$3,125,000
2023
$10,670 (+4.8%)
$702,094 + $175,523
$877,617
2022
$10,180 (+0.3%)
$688,328 + $172,082
$860,410
2021
$10,153 (+878.7%)
$674,832 + $168,708
$843,540
2020
$1,037 (+3.0%)
$707,252 + $128,315
$835,567
2019
$1,007 (+11.0%)
$31,838 + $34,039
$65,877
2018
$907 (+1.8%)
$31,214 + $33,372
$64,586
2017
$891 (+4.8%)
$30,002 + $32,077
$62,079
2016
$850 (+1.3%)
$30,002 + $32,077
$62,079
2015
$839 (−1.6%)
$29,414 + $31,449
$60,863
2014
$853 (−0.3%)
$28,406 + $30,371
$58,777
2012
$856 (+1.7%)
$28,278 + $30,234
$58,512
2011
$841 (−1.4%)
$27,724 + $29,642
$57,366
2010
$853 (+4.0%)
$27,181 + $29,061
$56,242
2009
$820 (+3.5%)
$26,978 + $28,844
$55,822
2008
$792
$27,043 + $28,913
$55,956
Public record
Public record
Permits
Beds
8
Baths
10
Stories
—
Lot width
—
Lot depth
—
Lot size
6,300 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
3,570
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,570
Year built
2023
Style
Other
County
Los Angeles County
APN
5050015020
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 29, 2026.
Jun 13, 2024 • Final
Electrical
Install a temporary electrical power pole.
Electrical
Sep 27, 2022 • Final
Bldg-demolition
Demolish a single-family home and a detached garage by hand. Cap the sewer and install a fence for pedestrian protection. Clear the lot of all debris.
Demolition
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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