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Listed by Cheyenne Womack, DRE #02064825 • Myunits.com Inc.
$ 3,795,000
Est. payment /mo
New
2840 Wellington RD Los Angeles, CA 90016
6,300 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRBB26104696
Style Contemporary
Year Built 2024
Lot Size 6,300 Sqft
Source California Regional MLS
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 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 off
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Rooms
Kitchen Dishwasher, Freezer, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator, Oven - Gas
Interior
Heating Central Forced Air
Cooling Central AC
Laundry Other, Washer, Dryer
Exterior
Garage Spaces 8.0
Pool None
View Local/Neighborhood
Building
Lot Description Grade - Level
Story Three or More Stories
Water District - Public
Architectural Style Contemporary
Others
Tax ID 5050015020
Special Listing Condition Not Applicable
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