Listing provided courtesy of Jerome McAlpin of McAlpin & Company. Last updated 2026-02-11 09:11:35.000000. Listing information © 2025 Sandicor.
Asking Price: $900,000 |
3601 Wellington, Los Angeles CA 90016
Community: PHHT - Park Hills Heights
This property was built in 1931 and is priced at $900,000. Please see the additional details below.
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.
