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3662 Fredonia Dr
Los Angeles, CA 90068 Studio City

$1,550,000 USD

Apartments For Sale  •  2,237 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,530 SF
  • Lot Size 0.09 AC
  • Building Class B
  • Year Built 1962
  • Zoning RD1
53 Transit Score
64 Walk Score

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

Public Transportation

Commuter RailDriveWalkDistance
Downtown Burbank (Antelope Valley Line - Southern California Regional Rail Authority (Metrolink), Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 5.2 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 5.3 mi
Transit/SubwayDriveWalkDistance
Universal City/Studio City (Red Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 12 min 0.6 mi
AirportDriveWalkDistance
Bob Hope 13 min - 5.7 mi
Los Angeles International 35 min - 16.7 mi
Long Beach (Daugherty Field) 44 min - 32.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 3
Type: OneCarGarage
Included in Rent: Yes
Morgan Wetmore 949-233-0604 Marcus & Millichap
Morgan Wetmore 949-233-0604 Marcus & Millichap