David Green Acquires Multifamily Property At 3662 Fredonia Drive For $1.475M With Seller's Rep Morgan Wetmore, Filip Niculete & Glen Scher

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.