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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$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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