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3045 Wellington Rd, Los Angeles, CA, 90016

12beds
13baths
5,247sqft
$2,269,000
$432price/sqft
$15,164/moest. monthly cost
$606,560/yrincome needed

About This Home

2023 Newer construction. All units are occupied and actual rents are shown. The best priced property in Mid City. The property is located in the opportunity zone and non rent controlled. The water, Gas and Electricity are separately metered for all units. An incredible modern Spanish style design. High ceilings on the first floor. The rear units have Juliet balconies, regular balcony and private rear deck. The private rear decks are surrounded by hedges to give the maximum privacy for each unit. The front single family home has a large balcony on the second floor and patio on the first floor. The stainless steel appliances and washer, dryer are included. This is a real 3 units building and no ADU's. There are many french doors in units and enormous amount of natural light flowing into all units. There is central Air condition and heating. Operating expenses are very low. Your expenses are Gardner, taxes, insurance and misc repairs. Very close to Culver City, Whole foods, metro rail and walking distance from restaurants. Each unit is pre wired with it's own security camera system. The actual rent shown on the listing. Great cash flow and very low expenses. All Occupants to remain in the unit at close of escrow. Total monthly rental income $14,000.00.

Getting Around

84
WalkingVery Walkable
60
TransitGood Transit
66
BikeBikeable

Construction

Condition

  • Property condition: New Construction
  • New construction: Yes
  • Year built: 2023

Materials

  • Foundation: None
  • Roof: Flat
  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Architectural style: Spanish
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Microwave,Free Standing Gas,Gas Oven,Disposal,Dryer,Dishwasher,Washer,Refrigerator,Range/Oven,Gas Water Heater,Tankless Water Heater
  • Laundry features: Laundry Closet,In Unit

Bathroom

  • Features: Low Flow Toilet(s)

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 13

Features

  • None
  • Window features: Double Pane Windows
  • Flooring: Laminate,Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 5,247
  • Total interior livable area: 5,247 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 5050028050
  • Zoning: LARD2
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: None
  • Exterior features: Balcony
  • Spa features: None
  • Has view: Yes
  • View description: None
  • Waterfront features: None

Lot

  • Lot size: 6,146 sqft
  • Lot size dimensions: 47 x 131

Parking

  • Total spaces: 7
  • Parking features: Attached,On Street,Open
  • Has garage: Yes
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $11,473$137,676
Home Insurance *$304$3,648
Property Taxes $2,262$27,144
Electricity $1,125$13,501
Total$15,164$181,968
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$519,908/yr
40% on housing$454,920/yr
45% on housing$404,373/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$432This listing

vs Other Active Listings

Avg $/sqft

ZIP 90016$501
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90016$762
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-07Listed for sale$2,299,000
2025-12-11Listing removed$2,499,000
2025-05-13Listed for sale$2,499,000
2025-03-17Listing removed$2,699,000
2024-11-14Price change$2,699,000
2024-09-17Listed for sale$2,799,000
2024-01-01Listing removed--
2023-08-02Listed for sale$2,699,000
2022-05-23Listing removed--
2022-02-26Price change$1,375,000
2021-12-21Listed for sale$1,400,000
2021-01-20Listing removed--
2021-01-06Pending sale$725,000
2020-10-28Price change$725,000
2020-10-28Pending sale$775,000
2020-09-10Sold$800,000
2020-08-09Price change$725,000
2020-06-16Pending sale$775,000
2020-06-16Price change$775,000
2020-02-11Pending sale$725,000
2020-01-29Listed for sale$725,000

New Construction

AgentSuminda Sellahewa
BrokerageAvarnka Real Estate, Inc.

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