3686 Fredonia Dr Los Angeles, CA 90068

This exceptional multifamily investment property, located at 3686 Fredonia Dr, Los Angeles, CA 90068, presents a compelling opportunity for discerning investors. The property boasts four units within a newly constructed (2024) building, offering a combined net rentable area of 5,853 square feet situated on a 7,281 square foot lot. Each unit features a thoughtfully designed floor plan and top-of-the-line finishes. The property's current NOI is $269,699, yielding a pro-forma cap rate of 6.00%. The asking price is $4,495,000, translating to $1,123,750 per unit and $767.98 per square foot. A tract map is currently in process, unlocking significant future potential. The property's strategic location in Los Angeles County offers strong rental demand and immediate profit potential. A future owner could potentially realize an additional $1,000,000 in profit by selling the townhomes individually. This turnkey investment presents a rare opportunity to acquire a high-performing asset with substantial upside potential in a prime Los Angeles location. The property is ready for immediate income generation.