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.
For sale
Listed by: Myunits.com Inc. • Cheyenne Womack • Contact: 805-973-7470
$3,795,000
2840 Wellington Rd, Los Angeles, CA 90016
16beds
18baths
7,561sqft
Quadruplex
Built in 2024
-- sqft lot
$3,670,100 Zestimate®
$502/sqft
$-- HOA
What's special
- 137 days
- 42
- 0
Zillow last checked:
Listing updated:
Listed by:
Cheyenne Womack DRE #02064825 805-973-7470,
Myunits.com Inc.,
Lauren Cearley DRE #02146823 213-302-8662,
Myunits.com Inc.
Source: CRMLS,MLS#: BB26104696
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 18
Rooms
- Room types: Kitchen, Living Room
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Freezer, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Dryer, Washer
- Laundry: Inside
Features
- Balcony, Open Floorplan, Recessed Lighting
- Flooring: Tile, Vinyl
- Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
Interior area
- Total structure area: 7,561
- Total interior livable area: 7,561 sqft
Property
Parking
- Total spaces: 8
- Parking features: Garage
- Garage spaces: 2
- Uncovered spaces: 6
Features
- Levels: Three Or More
- Stories: 3
- Entry location: 1
- Pool features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 6,300 Square Feet
- Features: Landscaped, Level, Street Level
Details
- Parcel number: 5050015020
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Modern
- Property subtype: Quadruplex
- Attached to another structure: Yes
Condition
- Turnkey
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Street Lights, Sidewalks
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $502/sqft
- Tax assessed value: $3,187,500
- Date on market: 5/13/2026
- Cumulative days on market: 137 days
- Listing terms: Submit
- Road surface type: Paved
Estimated market value
$3,670,100
$3.49M - $3.85M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/14/2026 | Listed for sale | $3,795,000+358.9%$502/sqft |
Source: | ||
| 3/2/2021 | Sold | $827,000+7.4%$109/sqft |
Source: Public Record Report a problem | ||
| 1/31/2021 | Pending sale | $770,000$102/sqft |
Source: Keller Williams Whittier #PW21009649 Report a problem | ||
| 1/23/2021 | Listed for sale | $770,000$102/sqft |
Source: Keller Williams Whittier #PW21009649 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $3,187,500 +2% |
| 2025 | $38,062 +250% | $3,125,000 +256.1% |
| 2024 | $10,875 +1.9% | $877,617 +2% |
| 2023 | $10,670 +4.8% | $860,410 +2% |
| 2022 | $10,180 +0.3% | $843,540 +1% |
| 2021 | $10,153 +878.7% | $835,567 +1168.4% |
| 2020 | $1,037 | $65,877 +2% |
| 2019 | $1,037 +14.3% | $64,586 +2% |
| 2018 | $907 | $63,320 +2% |
| 2017 | $907 +1.8% | $62,079 +2% |
| 2016 | $891 +4.7% | $60,863 +1.5% |
| 2015 | $851 -0.3% | $59,950 +2% |
| 2014 | $853 | $58,777 +2.5% |
| 2012 | -- | $57,366 +2% |
| 2011 | -- | $56,242 +0.8% |
| 2010 | -- | $55,822 -0.2% |
| 2009 | -- | $55,956 +2% |
| 2008 | -- | $54,860 +2% |
| 2007 | -- | $53,786 +2% |
| 2006 | -- | $52,733 |
| 2005 | -- | $52,733 +4% |
| 2004 | -- | $50,688 +1.9% |
| 2003 | -- | $49,760 +2% |
| 2002 | -- | $48,785 +4% |
| 2000 | -- | $46,892 |
Find assessor info on the county website
Monthly payment
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