14
2909 Coolidge Avenue
Los Angeles, CA 90039
$2,688,000
For Sale
- 1,023 sq ft
Local Information
About this home
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
Home Highlights
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None
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$516
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1 week ago
Home Details for 2909, Coolidge Avenue
Interior Features
Interior Features
- Flooring: Vinyl
Exterior Features
Exterior Home Features
- Construction Materials: Stucco
Parking & Garage
- Parking: Assigned
- Garage: No Garage
Pool & Views
- Private Pool: No Private Pool
- Views: Other
Water & Sewer
- Water Source: Public
Property Information
Property Information
- Parcel Number: 5442023026
- Lot Size (sq ft): 5,210
Property Type & Style
- Type: Residential Income
- Subtype: OTHER
Year Built
- Year: 2024
Location
- Directions: North on Newell from Riverside. Turn west(left) on
Listing Attribution
- Agent Name: Dennis Battung
- Brokerage: Kirela Real Estate Co
- Contact: 909-224-5931
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