2909 N Coolidge Ave Los Angeles, CA 90039

Price
$2,980,000
Listed On
Type
For Sale
Status
Pending
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
2909 N Coolidge Ave, Los Angeles, CA 90039
Asking  $2,980,000

Snapshot

Property Type
Other
Lot Size
0.12 acres
Property Sqft
MLS Number
P1-15784
Year Built
2023
Days On Market

Description

Welcome to the Coolidge Complex, a truly magnificent Spanish Modern located in DCLA's favorite pocket of Los Angeles, Frogtown. This rare and fully vacant new construction complex offers 4 Vacant units with the ability collect today's market rent in one of the highest rent producing pockets in the Country without compromising quality, design, space, or workmanship.Having developed close to two dozen projects in this part of town alone, DCLA understands its resident's needs within these spaces and designs each Rental Income property to be the most desirable among the area, and The Coolidge Complex screams just this.This complex intelligently allows for a mix of owners as this brand new, low maintenance stunner is the perfect hands off income property for owners who enjoy recurring income without recurring headaches. All the more, it also allows for an owner to live, rent-free, in one unit while the remaining residents pay their mortgage off for them. Either way, any owner will enjoy monthly cashflow, mortgage pay down through rental income, tax benefits, equity increases, and most of all, the ability to start with market rate rents due to its full vacancy! 4 unit properties in Los Angeles typically never come FULLY Vacant!Each unit features two ample sized rooms with two fully equipped bathrooms for multiple tenant combinations and is designed to service its occupant independently while offering designated outdoor spaces for each unit in the form of rooftop decks to check off every box each person may have.Studying multitudes of data confirms the conclusion that this product offers one of the few areas within the Real Estate market that remains underserved as there is a severe lack of good housing in Los Angeles a rents in the City continue to rise for market rate units only while others level off.Set to be complete end of December 2023, the Duplex is ready to go sands finishing touches on the exterior to give it that DCLA panache while the rear structure is fully underway and set to be completed before the end of the year.Allow Us To Reintroduce This Home!

More Details

Provider
Douglas Elliman Real Estate
MLS ID
VCMLSCA
MLS Name
California Regional MLS - Pasadena-Foothills and Ventura County Coastal
MLS Number
P1-15784
Source
listhub
PARTICIPANT
Name
Dennis Battung
Primary Phone
(909) 224-5931
Key
3YD-VCMLSCA-20220104233009174046000000
Email
mrdns13@gmail.com
BROKER
Name
Douglas Elliman Real Estate
Phone
(424) 202-5004
OFFICE
Name
Douglas Elliman of California, Inc.
Phone
(626) 204-5252
Copyright © 2024 California Regional MLS - Pasadena-Foothills and Ventura County Coastal. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listed For Sale$2,980,000 Douglas Elliman of California, Inc.
Report issue with price history

Nearby Schools

Elementary School

Allesandro Elementary

0.4 miles awayKG - 05

Middle School

Washington Irving Middle

0.9 miles away06 - 08

Elementary School

Dorris Place Elementary

0.9 miles awayKG - 06
Show more
Get more info on 2909 N Coolidge Ave, Los Angeles, CA 90039
Profile
Dennis Battung
Listing Agent
(909) 224-5931
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Dennis Battung
Listing Agent
(909) 224-5931
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.