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3601 Wellington Road — Los Angeles — 3,909 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+8 more

$900,000

84 DOM

$230/sqft— bd— ba3,909 sqft

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3601 Wellington Rd Los Angeles, CA 90016

8,275sqft lot

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.

MLS 26641143

310-437-4172 (Office) 310-437-4172 (Cell) jerome@mcalpinco.com

Est. payment

$5,752/mo

Principal & interestTaxesInsurance

$4,551$938$263

Down %

Rate %

Years

Down payment: $180,000 · Total cost: $1,818,320

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,752/mo

Principal & interest: $4,551
Est. property tax: $938
Est. insurance: $263
Down payment: $180,000

Est. gross rent$3,750/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,002/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Jan 21, 2026	$900,000	—

Facts & Features

Structure & Property

Year Built1931

310-437-4172 (Office) 310-437-4172 (Cell) jerome@mcalpinco.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

3601 Wellington Road, Los Angeles, CA 90016

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Call

3601 Wellington Rd Los Angeles, CA 90016

About this home

Jerome McAlpin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Jerome McAlpin

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

3601 Wellington Road, Los Angeles, CA 90016

About This Property

Property Photos

3601 Wellington Rd Los Angeles, CA 90016

About this home

Jerome McAlpin

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Structure & Property

Jerome McAlpin

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.