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$ 1,550,000
Est. payment | /mo
2 Beds
2,530 SqFt
$ 1,550,000
Est. payment | /mo
2 Beds
2,530 SqFt
Key Details
Property Type Single Family Home
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 2,530 sqft
Price per Sqft $612
MLS Listing ID CL25609145
Bedrooms 2
HOA Y/N No
Year Built 1962
Lot Size 3,933 Sqft
Acres 0.09
Property Sub-Type OTHER
Property Description
The LAAA Team of Marcus & Millichap is pleased to present 3662 N Fredonia Drive, a legal four-unit multifamily property featuring a newly completed Accessory Dwelling Unit (ADU) in the coveted hills of Studio City. Nestled within the Mulholland Scenic Parkway (Outer Corridor) and a TOC Tier 3 transit zone, the asset combines modernized improvements, strong in-place income, and minimal deferred maintenance, offering investors a turnkey, stabilized property in one of Los Angeles' most desirable rental submarkets. Originally constructed in 1941 and 1962, the property comprises two spacious two-bedroom units, one studio, and a brand-new 2025 ADU, completed with a Certificate of Occupancy issued July 27, 2025. The ADU is currently vacant and can be delivered either vacant or leased at closing, providing investors immediate flexibility to optimize income or occupancy. Together, the units total approximately 2,530 square feet across a 3,933-square-foot RD1.5-1 lot, fully within the City of Los Angeles. The newly completed ADU adds a fourth revenue streamlegally permitted under state housing lawenhancing income stability and cash flow without regulatory risk. Three legacy units are governed by the Los Angeles Rent Stabilization Ordinance (RSO), while the 2025 ADU is exempt, delivering a
Location
State CA
County Los Angeles
Zoning LARD
Interior
Fireplace No
Exterior
Total Parking Spaces 3
Building
New Construction No
Others
Tax ID 2425005023
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Filip Niculete • Marcus & Millichap
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