David Green Acquires Multifamily Property At 3662 Fredonia Drive For $1.475M With Seller's Rep Morgan Wetmore, Filip Niculete & Glen Scher
California
See Similar DealsDavid Green Acquires Multifamily Property At 3662 Fredonia Drive For $1.475M With Seller's Rep Morgan Wetmore, Filip Niculete & Glen Scher
3662 Fredonia Drive
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The property asset involved in the transaction is located at 3662 Fredonia Drive, Los Angeles. The sale price was $1,475,000 for a multifamily asset that includes 4 units, with a price per unit of $368,750. The total square footage of the property is 2,530, resulting in a price per square foot of $583.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,475,000
- Units: 4
- Price Per Unit: $368,750
- Square Feet: 2,530
- Price Per Square Foot: $583
- Buyer: David Green
- Seller: Eric Aboutboul
- Seller's Representatives: Morgan Wetmore, Filip Niculete & Glen Scher - Marcus & Millichap
The transaction highlights the collaboration of the LAAA Team, who represented the seller in this deal, emphasizing their success in closing 3662 N Fredonia Drive. This property features a newly completed, fully permitted 2025 ADU, showcasing continued buyer interest in small-balance multifamily assets in Los Angeles's supply-constrained submarkets.
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