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2909 N Coolidge Ave, Los Angeles, CA, 90039

$2,980,000

0 Baths
House
Schools Nearby

Location

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Property Highlights

Home TypeOther
ParkingDriveway Level, Driveway, On Site, Private, Tandem, Uncovered
Year BuiltNew Const., 2023
HeatingCentral
CoolingCentral Air, Attic Fan
FireplaceNone
ViewCity Lights, Mountain(s), Neighborhood
MLS #P1-15784
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 2909 N Coolidge Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 2023
  • Stories: 2

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Email: mrdns13@gmail.com
  • Listing Agent: Dennis Battung

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
  • Flooring Type: Vinyl
  • Interior: Open Floorplan, Quartz Counters, Recessed Lighting, Storage, Bedroom on Main Level, Primary Suite, Walk-In Closet(s)
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s), Neighborhood
  • Exterior: Lighting

Parking Information:

  • Parking: Driveway Level, Driveway, On Site, Private, Tandem, Uncovered

Lot Features

Lot Information:

  • Lot: Front Yard, Landscaped, Near Public Transit, Rectangular Lot
  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air, Attic Fan

School Info

Assigned Schools Information:

  • University Senior High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Webster Middle School, Public District Grades 6-8
  • Studio, Public District Grades 6-8
  • Richland Avenue Elementary School, Public District Grades KG-6
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Academy For Enriched Sciences, Public Magnet Grades 1-5

Other

Directions Information:

  • Directions: North on Newell left at Ripple and Right on Coolidge. Property is on your left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,980,000
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2909 N Coolidge Ave vs Los Angeles

170 DAYS ON ROCKET

+136 Days

$2,980,000

+$1.9M More

KEY TAKEAWAY

This property is $1.9M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #P1-15784

Listing Office:

  • Office Name: Douglas Elliman of California, Inc.
  • Office Email: mrdns13@gmail.com
  • Listing Agent: Dennis Battung

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 6:20:45 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$9,001

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6621087
9
/10
  • Richland Avenue Elementary School

  • 11562 Richland Ave

  • 0.32 miles

  • Public District Grades KG-6

school-card-donut-6621088
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.67 miles

  • Public Magnet Grades KG-6

school-card-donut-6621089
9
/10
  • Academy For Enriched Sciences

  • 6170 Lockhurst Dr

  • 16.25 miles

  • Public Magnet Grades 1-5

Middle School

school-card-donut-6621090
4
/10
  • Daniel Webster Middle School

  • 11330 Graham Pl

  • 0.39 miles

  • Public District Grades 6-8

school-card-donut-6621091
4
/10
  • Studio

  • 2211 W Avenue 30

  • 12.74 miles

  • Public District Grades 6-8

High School

school-card-donut-6621092
5
/10
  • University Senior High School

  • 11800 Texas Ave

  • 1.99 miles

  • Public Magnet Grades 9-12

school-card-donut-6621093
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 12.10 miles

  • Public Magnet Grades 9-12

school-card-donut-6621094
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 12.92 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $82,500. The majority of Los Angeles, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2909 N Coolidge Ave

What is the listing price of this property?

The listing price of 2909 N Coolidge Ave property is $2,980,000.

What type of property is this?

The property 2909 N Coolidge Ave is a house located in Los Angeles, California, 90039.

Is this property for sale now?

Accepting Backup Offers: 2909 N Coolidge Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 2909 N Coolidge Ave are:
Richland Avenue Elementary School: GreatSchools Rating 9/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Academy For Enriched Sciences: GreatSchools Rating 9/10
Daniel Webster Middle School: GreatSchools Rating 4/10
Studio: GreatSchools Rating 4/10
University Senior High School: GreatSchools Rating 5/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10

Which year was this property built?

The year of construction for 2909 N Coolidge Ave is 2023.
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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900392909 N Coolidge Ave

This home is located at 2909 N Coolidge Ave in Los Angeles, CA and zip code 90039 in the Sawtelle neighborhood. This home, which was built in 2023, sits on a 0.12 acre lot. It has been listed on Rocket Homes since November 17, 2023 and is currently priced at $2,980,000.

In April 2024 more than 701 listings in Los Angeles, CA were sold above the asking price. During the same period more than 204 listings were sold at asking price, while more than 629 were sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024 median list price was $986,427 and the average listing age was 34 days.

From Rocket Homes Real Estate and based on county public records data.

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