2840 Wellington Rd Los Angeles, CA 90016

2840 Wellington Rd, Los Angeles, CA, 90016

$3,795,000

For Sale

$3,795,000

Newly constructed five-unit property in prime Mid-City, Los Angeles.

AddedMay 16

Days on Market62

Last RefreshJul 15 at 10:06 pm

Property Features for 2840 Wellington Rd

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 2024

Listing office Myunits.com

Listing date May 16, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Myunits.com

Investment Insights

Based on property information with market context.

Located on a quiet residential street in Mid-City, 2840 Wellington Rd is a newly constructed five-unit luxury investment property. The property offers a 6.46% cap rate, supported by approximately $300,000 in gross annual income. A master lease is in place, providing rental stability and minimal operational expenses. The property includes expansive four-bedroom townhome-style units, a spacious three-bedroom unit, and a one-bedroom unit. Each residence features open concept floorplans with oversized kitchens, sleek modern cabinetry, stainless steel appliances, designer bathrooms, and abundant natural light. The property has separately metered utilities, central HVAC, and in-unit laundry. The location is minutes from Culver City’s tech and media corridor, including Amazon, Apple, HBO, and Sony. The area attracts rental demand from young professionals seeking access to the Westside, Beverly Hills, and Downtown Los Angeles. The property offers a turnkey, operationally efficient asset with in-place income and long-term upside in a sought-after rental submarket. The bike score is 63, making it bikeable, the walk score is 82, making it very walkable, and the transit score is 55, indicating good transit.

Key Highlights

New construction (2024) five‑unit luxury property in prime Mid‑City
High 6.46% cap rate and approximately $300,000 gross annual income
Master lease in place providing immediate rental income and minimal operational expenses

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

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For sale
Apartment buildings
CA
Los Angeles
90016
2840 Wellington Rd

What type of property is this?

Apartment building - Newly constructed five-unit property in prime Mid-City, Los Angeles.

Where is this apartment building located?

The property is located at 2840 Wellington Rd Los Angeles, CA.

What is the asking price?

The asking price for this property is $3,795,000.

What are key features of this property?

This property features: New construction (2024) five‑unit luxury property in prime Mid‑City; High 6.46% cap rate and approximately $300,000 gross annual income; Master lease in place providing immediate rental income and minimal operational expenses