$1,249,000
Original list price: $1,299,900
MLS: 26901011
Beds
3
Baths
3
Sq Ft
1,404
Lot
0.14 ac
Year Built
1927
MLS #
26901011
Days on Market
63
Listed
Aug 26, 2026
Description
New Price Adjustment! Welcome to an exceptional investment and lifestyle opportunity in the highly sought-after West Adams area of Los Angeles. Located on a beautiful residential street, this versatile property features two separate addresses 3021 and 3023 Wellington Road a complete constructed ADU, offering an outstanding combination of income potential, flexibility, and long-term value. Thoughtfully renovated and designed for modern living, the property offers multiple living spaces with separately metered gas and electric, providing convenience and flexibility for both owners and tenants. HVAC systems in both units add year-round comfort, while the ADU creates an additional opportunity for rental income, a private guest suite, home office, or multigenerational living. The main residences offer inviting living spaces, comfortable bedrooms, updated amenities, and an appealing blend of classic Los Angeles character with contemporary functionality. The generous lot provides valuable outdoor space and additional possibilities for entertaining, gardening, or simply enjoying the Southern California lifestyle. Situated in West Adams/Wellington Square, the property enjoys a prime location surrounded by historic residential streets and convenient access to some of Los Angeles' most vibrant neighborhoods. Enjoy close proximity to restaurants, cafes, shopping, entertainment, major transportation corridors, and the growing number of exciting developments throughout West Adams and surrounding Mid-City. Whether you're an investor seeking multiple income-producing spaces, an owner-user looking to offset your mortgage with rental income, or a multigenerational household looking for flexibility, 3021 & 3023 Wellington Road presents a rare opportunity to own a versatile property with exceptional potential in one of Los Angeles' most desirable and evolving neighborhoods.
Location
Los Angeles, Los Angeles County, CA 90016
Open on Google Maps ↗Listed by: Philip Boroda · Coldwell Banker Realty
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$9,791
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $124,900 · Loan: $1,124,100
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $7,722
- Property tax (1.25%)
- $1,301
- Homeowners insurance
- $300
- Mortgage insurance
- $468
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Oct 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down+
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $43,715 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
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Local Market Stats
See Los Angeles, CA 90016 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor, Antelope Valley
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