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$ 2,688,000
Est. payment /mo
Active
2909 N Coolidge AVE Los Angeles, CA 90039
5,210 Sqft Lot
UPDATED:
12/09/2024 04:07 PM
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRP1-20041
Style Other
Originating Board California Regional MLS
Year Built 2024
Lot Size 5,210 Sqft
Property Description
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
Location
State CA
County Los Angeles
Area 606 - Atwater
Exterior
Parking Features Assigned Spaces
Garage Spaces 4.0
Pool 31, None
View Other
Building
Story Split Level
Water District - Public
Architectural Style Other
Others
Tax ID 5442023026
Special Listing Condition Not Applicable
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Listed by Dennis Battung • Kirela Real Estate Co