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5-Unit Modern Apartment Building

2840 Wellington Road, Los Angeles, CA 90016

For Sale
$3,795,000

Los Angeles, CA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market187

Property Features for 2840 Wellington Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 16
Bathrooms 18
Full bathrooms 18
Rooms Bathroom 1, Bedroom 2, Bathroom 9, Bathroom 5, Bedroom 3, Laundry Room, Bathroom 11, Bedroom 6, Bedroom 7, Bathroom 3, Bathroom 12, Bedroom 8, Bedroom 11, Bedroom 12, Bedroom 4, Bedroom 15, Bedroom 13, Bathroom 6, Bathroom 2, Bathroom 4, Bedroom 10, Bedroom 5, Kitchen, Bathroom 14, Bathroom 10, Bathroom 16, Bedroom 14, Bedroom 16, Bathroom 18, Bedroom 1, Bathroom 17, Bathroom 15, Bedroom 9, Bathroom 13, Bathroom 7, Bathroom 8
Parking 8
Interior features Balcony, Recessed Lighting, Open Floorplan
Appliances Disposal, Microwave, Refrigerator, Gas Range, Freezer, Gas Oven, Dishwasher
Lot features Level with Street, Landscaped, Level
Directions Located on Wellington Rd, South of the 10 Freeway.
Subdivision C16 - Mid Los Angeles
Standard status Active
APN 5050015020
Lot size 0.14 Acres

Additional Details

Tenant in Place Yes
Individually Metered Utilities unspecified utilities

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

central HVAC
in-unit laundry

Building Details

Year built 2024
Floors in Building 3
Number of units 5
Flooring type Tile, Vinyl
Architectural style Modern
Listing Agency: Myunits.com Inc.
Listed By: Cheyenne Womack · License CA #02064825
Added: May 13 Changed: Nov 10 Last Checked: Nov 15 at 1:06AM
MLS# BB26104696

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Constructed in 2024, this modern five-unit apartment property includes a mix of four-bedroom townhome-style residences, one three-bedroom unit, and one one-bedroom unit. The homes feature open layouts, contemporary kitchens with stainless steel appliances, designer-style bathrooms, balconies, recessed lighting, and abundant natural light. Central HVAC, in-unit laundry, public water, and public sewer serve the building, while utilities are separately metered.

The property is located on Wellington Road in Los Angeles' Mid-City area, with access to Culver City's tech and media corridor, Beverly Hills, the Westside, and Downtown Los Angeles. A master lease is in place, and the property carries a 6.46% cap rate. The 0.1446-acre site supports a recently completed multifamily asset with modern building systems and a defined unit mix.

Key Highlights

  • Five‑unit apartment property completed in 2024
  • Unit mix includes four‑bedroom townhome‑style residences, one three‑bedroom unit, and one one‑bedroom unit
  • 6.46% cap rate with a master lease in place

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby

Demographics for 90016, CA

46,512
Population
19,529
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
79%
High-School Grad
3.6 sq mi
ZIP Area
12,920
Density / Sq Mi
$71,067
Median Household Income
$42,292
Median Earnings
$1,729
Median Rent
$919,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Newly built multifamily property with townhome-style residences, central HVAC, in-unit laundry, and separately metered utilities.
Where is this apartment building located?
The property is located at 2840 Wellington Road 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: Five‑unit apartment property completed in 2024; Unit mix includes four‑bedroom townhome‑style residences, one three‑bedroom unit, and one one‑bedroom unit; 6.46% cap rate with a master lease in place
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