$900,000

3601 Wellington Road, Los Angeles, CA 90016

  • 3,909 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1931
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $230/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

The subject property is a Mid-City compound located in a desirable pocket for renters and homeowners alike. The complex consists of 5 units with an excellent mix of 3(2+1)'s and 2(1+1)'s. The structure contains 3,909 square feet and is situated on a large 8,273 square foot lot, zoned LAR2. The income is significantly below market which is an opportunity for a creative investor to deploy a tenant buyout program as well as capitalize upon tenant turnover. The current income is $6,354 per month and the annual income is over $76,000 annually. This long-term investment will not last. This is a prime asset in the middle of the LA, with access to Metro, DTLA, USC and the trendy upscale restaurants and bars in Mid-City.

Listing Status:
Active
Date Added:
January 21, 2026
Data Last Updated:
April 17, 2026 at 5:08AM
Listing Office:
McAlpin & Company : 310-437-4172
Listing Agent:
Jerome McAlpin : 310-437-4172
MLS ID:
CL26641143
  • A/C: None
  • Heating: Wall Furnace
  • County: Los Angeles
  • Zoning: LAR25046004028

This listing courtesy of Jerome McAlpin , McAlpin & Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Virginia Road Elementary

2925 Virginia Rd, Los Angeles, CA, 90016

Grades KG-5

0.31 miles away

M

Marlton

4000 Santo Tomas Dr, Los Angeles, CA, 90008

Grades KG-12

1.07 miles away

D

Dorsey High School

3537 Farmdale Ave, Los Angeles, CA, 90016

Grades 9-12

0.49 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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