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 offers investors a turnkey, operationally efficient asset with strong in-place income and long-term upside in one of Los Angeles’ most sought-after rental submarkets.
Listed by Cheyenne Womack
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License #02064825
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Myunits.com Inc.
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805-973-7470
Listed by Lauren Cearley
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License #02146823
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Myunits.com Inc.
Last updated May 21, 2026
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Source: CRMLS #BB26104696
Listing Facts
TypeMulti-family
NeighborhoodWest Adams
Days on Prevu34
Amenities
Dishwasher
Washer/Dryer
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
05/13/2026
Listed by Myunits.com Inc.
$3,795,000
Property Details for 2840 Wellington Road
Association
Amenities
Community Features: Curbs, Street Lights, Sidewalks
Exterior
Construction
Number Of Units Total: 5
Property Attached: Yes
Property Condition: Turnkey
Stories Total: 3
Year Built: 2024
Architectural Style: Modern
Common Walls: 1 Common Wall,No One Above,No One Below
Entry Level: 1
Entry Location: 1
Features
Road Frontage Type: City Street
View: Neighborhood
Measurements
Building Area Total: 7,561
Building Area Units: Square Feet
Lot Features: Landscaped, Level, Street Level
Lot Size Acres: 0.14
Lot Size Area: 6,300
Lot Size Source: Assessor
Lot Size Square Feet: 6,300
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 6.46
Gross Income: $300,000.00
Operating Expense: $54,867.00
Taxes
Parcel Number: 5050015020
Interior
Features
Appliances: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
Flooring: Tile, Vinyl
Interior Features: Balcony, Open Floorplan, Recessed Lighting
Other
Location
Tax Lot: 93
Parking
Parking
Garage Spaces: 2
Garage: Yes
Open Parking Spaces: 6
Parking Total: 8
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Heating: Central
Has Heating: Yes
Laundry Features: Inside
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 2840 Wellington Road.
Does this multi-family home have parking?
Yes, there are 2 parking spaces available for 2840 Wellington Road.
How does 2840 Wellington Road compare to other multi-family homes in West Adams?
This multi-family home is listed 110% above the average price for multi-family homes in West Adams and has been on the market for 93 less days than the typical home in this area.
2840 Wellington Road is a -bedroom multi-family home for sale in Los Angeles CA 90016. Available on Prevu for 34 days at $3,795,000. This residence is located in West Adams. The median listing price for multi-family homes in this area is $1,299,000. Property amenities include dishwasher, air conditioning, parking, and washer/dryer. View other multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.