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3754 Fredonia Drive, Los Angeles, California 90068, Los Angeles, 90068 - 3 bed, 2 bath

3754 Fredonia Drive, Los Angeles, California 90068 home-pic-0
ACTIVE$1,199,000
3754 Fredonia Drive, Los Angeles, California 90068
3Beds
2Baths
1,476Sqft
9,615Lot
Year Built
1925
Close
-
List price
$1.2M
Original List price
$1.5M
Price/Sqft
$812
HOA
-
Days on market
-
Sold On
-
MLS number
25484677
Home ConditionFair
Features
Good View:
Patio
View

About this home

We found 3 Cons,6 Pros. Rank: price - $1.20M(12th), sqft - 1476(18th), beds - 3(50th), baths - 2(38th).

Quiet and serene this Charming Legal Duplex is on Large Lot with Development Potential! This well-maintained duplex is located on a spacious 9,600+ sq. ft. lot with potential for subdivision or development. The upper unit features 2 beds/1 bath, approximately 1,000 sq. ft., with stackable laundry. The lower unit is a spacious studio, approximately 500 sq. ft., with a full kitchen, bath, stackable laundry, and direct access to the garden. Fantastic investment opportunity or live in one unit and rent the other. Prime Location: Close to Universal Studios, NBC, DreamWorks, and easy access to all major transit lines. Enjoy vibrant dining, shopping, and entertainment options on Ventura Blvd. Plus, just minutes from the Hollywood Bowl for events! Don't miss the potential of this prime property!

Price History

Date
Event
Price
10/25/25
Price Change
$1,199,000
01/18/25
Listing
$1,495,000
11/23/11
Sold
$1,000
Condition Rating
Fair
Built in 1925, this property is nearly 100 years old. While described as 'well-maintained,' the images reveal significantly outdated kitchens and bathrooms with older cabinets, laminate countertops, basic fixtures, and dated tile. The presence of a window AC unit indicates a lack of central cooling. The flooring is a mix of older hardwood and newer laminate. The property is functional and livable, but its major components and finishes are clearly outdated and would require substantial cosmetic renovations and likely system upgrades (HVAC, electrical, plumbing) to meet contemporary standards, placing it firmly in the 'Fair' category.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9615, living area = 1476.
Income-Generating Duplex: Legal duplex configuration with two distinct units (2-bed/1-bath and studio) provides immediate rental income potential or owner-occupancy with supplementary income.
Significant Development Potential: Large 9,600+ sq. ft. lot offers substantial opportunities for subdivision or future development, adding long-term value in a prime Los Angeles location.
Highly Desirable Location: Prime Los Angeles location near major entertainment studios (Universal, NBC, DreamWorks), transit lines, vibrant Ventura Blvd amenities, and the Hollywood Bowl.
Recent Price Reduction: A notable price drop from $1.495M to $1.199M indicates increased value proposition and potential for a motivated seller.
Versatile Investment Opportunity: Suitable for various strategies including pure investment, owner-occupancy with rental income, or leveraging its development potential.

Cons

Historic Property Age: Built in 1925, the property may require ongoing maintenance, system updates, or renovations to meet contemporary standards and buyer preferences.
Modest Unit Sizes: The studio unit (approx. 500 sq. ft.) might be considered small by some tenants, potentially limiting rental appeal or achievable rent compared to larger units.
Property Type Discrepancy: Listed as 'Single Family Residence' but described as a 'Legal Duplex,' which may require clarification during due diligence to ensure proper zoning and legal classification.

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