$3,795,000
2840 Wellington Road, Los Angeles CA 90016
Multi-Family (Fourplex)
Property type
33 days
On market
$502
Price per sqft
2 cars
Garage
2024
Year built
6,300 sqft
Lot size
Home highlights
Open Houses
Overview
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...
Listing provided by: Cheyenne Womack DRE #02064825 805-973-7470, Myunits.com Inc., Lauren Cearley DRE #02146823 213-302-8662, Myunits.com Inc.
Listing updated: May 21, 2026 at 01:24pm.
Last checked: Jun 15, 2026 at 07:00am
Source: CRMLS #BB26104696
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 4 | 5 | — | $5,000 | $5,000 | $5,000 | Unfurnished |
| 1 | 4 | 5 | — | $5,000 | $5,000 | $5,000 | Unfurnished |
| 1 | 4 | 4 | — | $5,000 | $5,000 | $5,000 | Unfurnished |
| 1 | 3 | 3 | — | $5,000 | $5,000 | $5,000 | Unfurnished |
| 1 | 1 | 1 | — | $5,000 | $5,000 | $5,000 | Unfurnished |
# of Buildings: 2
# of Units Total: 5
Separate Electric Meters: 5
Separate Gas Meters: 5
Separate Water Meters: 5
Dishwasher: 5
Disposal: 5
Ranges: 5
Refrigerator: 5
Rent Control: Yes
Units Leased: 5
Financial Snapshot
Gross Rent Multiplier
12.7x
List Price / Annual Gross Rent
Cap Rate
6.46%
NOI / List Price
Gross Scheduled Income: $300,000
Vacancy Allowance: $0
Operating Expense: $54,867
Net Operating Income: $245,133
Annual Operating Expenses
Electric: $0
Gardener: $0
Fuel: $0
Insurance: $6,805
Maintenance: $3,000
New Taxes: $45,062
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Interior Features: Balcony, Open Floor Plan, Recessed Lighting
Room Type: Kitchen, Living Room
Flooring: Tile, Vinyl
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Laundry: Inside, Dryer Included, Washer Included
Entry Location: 1
Exterior
Architectural Style: Modern
Property Attached: Yes
Stories Total: 3
Levels: Three Or More
Property Condition: Turnkey
Common Walls: One Common Wall, No One Above, No One Below
Lot Features: Landscaped, Level, Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
View: Neighborhood
Road Frontage Type: City Street
Road Surface Type: Paved
Garage and Parking
Garage Spaces: 2
Uncovered Spaces: 6
Parking Total: 8
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 5050015020
Additional Parcels: No
Tax Lot: 93
Community
Senior Community: No
Community Features: Curbs, Street Lights, Sidewalks