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
MLS #
CRP1-20041
MLS Source
California Regional MLS
Days on Site
58
Pool
None
Style
Other
Garage/Parking
Assigned Spaces, Garage: 4 Car(s)
HOA Fee
$0
Listing Agent
Dennis Battung
Kirela Real Estate Co
License #: 01525589
Phone: (909) 224-5931
Co-Listing Agent
Michael De Perio
Kirela Real Estate Co
License #: 01870969
Phone: (626) 536-3556
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | – | – |
2909 N Coolidge Ave is a Residential Income in Los Angeles, CA 90039. This – square foot property sits on a 5,210 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,688,000 and was built in 2024.
This address can also be written as 2909 N Coolidge Ave, Los Angeles, CA 90039.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of November 22, 2024. For the most current information, please contact Dennis Battung, (909) 224-5931