3662 Fredonia Dr - Apartments FOR SALE
Los Angeles, CA 90068 |
3662 Fredonia Dr
Los Angeles, CA 90068
HIGHLIGHTS
- Turn-Key Fourplex with Legal 2025 ADU – Fully stabilized four-unit property including a newly completed ADU that is currently vacant.
- Strong In-Place Income – Current collections total approximately $9,615 per month ($115,380 annually), supported by upgraded interiors.
- Low Deferred Maintenance – Progressive upgrades to plumbing, electrical, roofing, and interior finishes minimize near-term capital requirements.
- Prime Studio City / Hollywood Hills Location Next to Universal Studios – Borderline hillside position within the Mulholland Scenic Parkway Corridor.
- Attractive Yield with Market-Proven Rent Base – Income reflects strong tenant demand for modernized hillside units in the Studio City / Hollywood Hill
FOR SALE DETAILS
PRICE
-
# OF UNITS
-
CAP RATE
-
% LEASED
-
BUILDING DETAILS
PROPERTY NAME
Studio City/Hollywood Hills | Turnkey 4 Unit
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
2530
STORIES
3
YEAR BUILT
1962
PARKING SPACES
3
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
2425-005-023
