$3,199,000

3022 Wellington Rd Los Angeles, CA 90016

0.1 acres
Multi-Family

Property details

About 3022 Wellington Rd

3022 Wellington Rd is a brand-new, non-rent controlled, OPPORTUNITY ZONE fourplex in the heart of West Adams—one of Los Angeles’ most vibrant and sought-after neighborhoods. Nestled on a charming tree-lined street just a short stroll from the trendy Highly Likely Café, this stunning property is projected to generate over $229,740 in annual rent, offering an exceptional return on investment. Located within an Opportunity Zone, 3022 Wellington Rd provides significant potential tax incentives for buyers (consult with your CPA). Each unit is separately metered for utilities, ensuring minimal operating costs, and the property is backed by a 1-year builder’s warranty for peace of mind. The fourplex (triplex + ADU "in name only") consists of three spacious 4-bedroom townhomes and one 3-bedroom unit, all thoughtfully designed to maximize space and functionality. Modern, open-concept layouts feature high-end finishes, stainless-steel appliances, abundant natural light, and large windows that enhance the living experience. Additional highlights include expansive living areas, large front and rear-facing balconies, and sleek contemporary designs tailored to meet the demands of today’s renters. Positioned in the thriving West Adams neighborhood, the property guarantees high tenant demand and strong long-term appreciation. With its low-maintenance design, upscale units, and unbeatable location, 3022 Wellington Rd is an exceptional opportunity for investors looking to secure a premium property in a fast-growing market. This is your chance to own a turnkey investment in one of LA’s hottest neighborhoods—don’t miss out!

Highlights

Home typeQuadruplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size0.1157 Acres
Year builtNew Const., 2024
ParkingOff Street, Paved
MLS #BB25003153
ViewCity Lights, Neighborhood

Summary

  • MLS Number: BB25003153
  • MLS Name: CRMLS
  • Office Name: Myunits.com Inc.
  • Office Phone: (818) 850-8485
  • Listing Agent: Elizabeth Maddox

IDX 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 7:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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back of house featuring a balcony

$3,199,000

3022 Wellington Rd

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Price information

Property sales

DateEventPrice
Oct 13, 2023
Home Sold
$760,000

Tax history

YearAssessmentProperty Tax
2024$760,000$9,368
2023$160,881$2,100
2022$157,728$2,011
2021$154,636$1,978
2020$153,051$1,922
2019$150,051$1,849
2018$147,110$1,811
2017$144,227$1,811

History based on county public records data.

Nearby schools

6

Virginia Road Elementary

Public District KG-5

0.1 mi

2925 Virginia Rd

4

Coliseum Street Elementary School

Public District PK-5

0.7 mi

4400 Coliseum St

3

6th Avenue Elementary School

Public District KG-5

0.8 mi

3109 6th Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $56,250. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

41%
<35k
43%
35k-100k
16%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
16%
Single, with Kids
12%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
9%
12-17 yrs old
26%
18-34 yrs old
39%
35-64 yrs old
12%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • IKEAIKEA
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • QuiznosQuiznos
  • ChipotleChipotle

What do the neighbors drive?

  • ToyotaToyota
  • LexusLexus
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • JazzJazz
  • Soft Adult ContemporarySoft Adult Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 3022 Wellington Rd in Los Angeles, CA and zip code 90016 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 28, 2025 and is currently priced at $3,199,000.

Over 212 listings were sold over their listed price in February 2025 in Los Angeles, CA. In the same period over 280 listings were sold below the listed price and 105 listings were sold for the listed price. The number of listings in Los Angeles, CA increased by 10.8% between January and February 2025. The median list price of listings available in February 2025 was $989,396, while the average time on the real estate market was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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