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$2,688,000
7 Days On Site

2909 N Coolidge Avenue
Los Angeles, CA 90039

For Sale|Residential Income|Active
0
Beds
0
Full Baths
0
Partial Baths
1,023
SqFt
$2,628
/SqFt
2024
Built
Subdivision:
Other
County:
Los Angeles
Listed by Dennis Battung of Kirela Real Estate Co mrdns13@gmail.com

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2909 N Coolidge Avenue2909 N Coolidge Avenue2909 N Coolidge Avenue2909 N Coolidge Avenue
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Introducing The Coolidge Compound, an exquisite and newly constructed Spanish Modern masterpiece nestled in the vibrant neighborhood of Frogtown. Brand new and yet to be lived in as a whole, this exceptional property boasts a rare and unique offering of four vacant units, each meticulously designed to cater to the discerning tastes of the market.This brand new property has been intelligently designed to accommodate a mix of owners, making it the ideal low-maintenance investment property for those seeking hassle-free recurring income. Owners have the option to live rent-free in one unit while the rental income from the remaining units covers the mortgage, providing a steady cash flow, equity growth, and valuable tax benefits. Keeping this in mind, the property boasts fully paid for solar panels adding even more value and desirability to the property. The fact that all four units are fully vacant is a rare find in Los Angeles, allowing for immediate market rate rents at close to $200,000 annually.What sets this compound apart is its ability to command top market rents in one of the most sought-after rental markets in the country, all while maintaining a standard of quality, design, and craftsmanship that is unparalleled. Equipped with a deep understanding of the needs of residents in this area specifically, each unit is tailored to be the epitome of desirability and offers many added features including Solar panels to limit the resident's utility bill thereby making this property all the more desirable and cost effective.Each unit within the Coolidge Compound features two spacious bedrooms and two well-appointed bathrooms, catering to a variety of tenant configurations. The design of the units ensures that each resident enjoys a private and independent living experience, with the added luxury of huge outdoor spaces in the form of rooftop decks for relaxation, privacy and entertainment.Extensive data analysis confirms that this property addresses a crucial gap in the real estate market, offering high-quality housing in an area where demand far exceeds supply. A truly win-win situation in that this compound offers a multitude of benefits to its owner while speaking to the taste and quality of living of its residents, there is no other property in Los Angeles that compares or offers a better return on investment.

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Listing Snapshot
Price 
$2,688,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,023 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1196 Acres
Year Built 
2024
MLS® Number 
P1-20041
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1196
Garage 
Yes
Garage Spaces 
4
Number Of Stories 
1
Parking 
Assigned
Parking Spaces 
4
Property Condition 
New Construction
Sewer 
Other
Special Circumstances 
Standard
SqFt Total 
1023
Stories 
Multi/Split
Style 
See Remarks
Utilities 
See Remarks
Water Source 
Public
Interior Features
Cooling 
Fireplace Features 
None
Flooring 
Vinyl
Heating 
Interior 
Open Floorplan
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Exterior Features
Construction Details 
Stucco
Pool Features 
None
Spa Features 
None
Community Features
Community Features 
CurbsSidewalks
Financing Terms Available 
CashConventional
MLS Area 
606 - Atwater


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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