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5-Unit Modern Apartment Building
For Sale
$3,795,000

2840 Wellington Road, Los Angeles, CA 90016

Los Angeles, CA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market119

Property Features for 2840 Wellington Road

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Bedrooms 16
Bathrooms 18
Full bathrooms 18
Rooms Bedroom 11, Bathroom 13, Bathroom 16, Bedroom 7, Bedroom 16, Bathroom 7, Bathroom 3, Bedroom 8, Bedroom 12, Bedroom 15, Bathroom 12, Bathroom 14, Bathroom 17, Kitchen, Bedroom 10, Bedroom 4, Bedroom 1, Bathroom 11, Bedroom 14, Bedroom 6, Bathroom 1, Bathroom 6, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 10, Bathroom 8, Bathroom 4, Bathroom 5, Bathroom 18, Bathroom 9, Bathroom 15, Bedroom 9, Bedroom 13, Laundry Room
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

Utilities

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

Amenities

in-unit laundry
central HVAC
stainless steel appliances

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 #02064825
Added: May 13 Changed: Sep 8 Last Checked: Sep 8 at 12:06PM
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.

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

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Skin Care Clinic Computer & Electronic Repair HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
Single-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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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
More about this property
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