2840 Wellington Road

Los Angeles, CA 90016
Property listed by Myunits.com Inc., Cheyenne Womack 805-973-7470
$3,795,000
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 minimalRead MoreRead Less
Listing Snapshot
Days Online
26
Last Updated
Property Type
Quadruplex
Lot Size
0.14 Acres
Year Built
2024
MLS Number
BB26104696
Property Location Map
Additional Details
Property Access
Frontage Type: CityStreet, Road Surface: Paved
Appliances & Equipment
Dishwasher, Freezer, Disposal, GasOven, GasRange, Microwave, Refrigerator, Dryer, Washer
Building
Built in 2024, 2 buildings, 3 stories, Levels: ThreeOrMore, Entry level: 1, Entry location: 1
Community
Curbs, StreetLights, Sidewalks
Cooling
CentralAir
Expenses
Insurance: $6,805, Maintenance: $3,000, Operating: $54,867
Floors
Tile, Vinyl
Garage
2 spaces
Heating
Central
Income
Gross Income: $300,000, Gross ScheduledIncome: $300,000, Net Operating Income: $245,133
Interior Features
Balcony, OpenFloorplan, RecessedLighting
Laundry
Inside
Lot
0.1446 acres, Landscaped, Level, StreetLevel
Parking
6 open parking spaces, 8 total parking spaces
Pool
None
Property
Turnkey, Neighborhood
Sewer
PublicSewer
Taxes
Additional parcels description:, Parcel Number: 5050015020, Lot: 93
Utilities
Water Source: Public, 5 separate electric meters, 5 separate gas meters, 5 separate water meters
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Kathy Zajac
Broker
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.