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2909 N North Coolidge Ave, Los Angeles, CA 90039
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2909 N North Coolidge Ave Los Angeles, CA 90039

$2,980,000
  • 8 Beds
  • 8 Baths
  • 3,580 Sq.Ft.
Back Up Offer
$2,980,000 Get Pre-Qualified
Map preview of 2909 N North Coolidge Ave, Los Angeles, CA 90039

Property Overview: 2909 N North Coolidge Ave Los Angeles, CA has 8 bedrooms, 8 bathrooms, 3,580 living square feet and 5,187 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 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!

Listed by Dennis Battung | BRE #01525589 | Douglas Elliman of California, Inc.
Co-listed by Gregory Holcomb | BRE #01347788 | Douglas Elliman of California, Inc.
Last checked: 3 minutes ago | Last updated: May 16th, 2024 | Source CRMLS | DOM: 69
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Home details

Lot Sq. Ft
5,187
HOA Dues
$0/mo
Year built
2023
Garage
--
Property Type:
Multi Family
Status
Back Up Offer
MLS#
P1-15784
City
Los Angeles
County
Los Angeles
Time on Site
182 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 0
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: --
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,550
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: --
  • Pro Forma/Market Rent: $4,550
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 2
  • # of Baths: 2
  • Furnishing: Unfurnished
  • Total Rent: --
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $199,200
  • Net Operating Income: $160,714
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $38,486
  • New Taxes: $36,250
  • Trash: $0
  • Insurance: $1,118
  • Water/Sewer: $1,118

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Property Details for 2909 N North Coolidge Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Vinyl
  • Living Room, Laundry, Primary Suite, Main Floor Bedroom, Walk-In Closet
Kitchen Information
  • Has Appliances
  • Dishwasher, Tankless Water Heater, Vented Exhaust Fan, Refrigerator
Interior Features
  • Open Floorplan, Attic Fan, Quartz Counters, Storage, Recessed Lighting
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Carbon Monoxide Detector(s), Security Lights, Smoke Detector(s), Fire Sprinkler System
Exterior Features
Exterior Information
  • Roof: Flat
  • Lighting
  • Has Fence
  • Block, Wrought Iron, Wood
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 6
  • Has Parking
  • Parking Features: Private, Driveway Level, Uncovered, Tandem Uncovered, On Site, Driveway
Lot Information
  • Lot Features: Front Yard, Near Public Transit, Park Nearby, Rectangular Lot, Landscaped
  • Lot Size Source: Assessor
Property Information
  • Has View
  • View: City Lights, Neighborhood, Mountain(s)
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5442023026
  • Year Built Source: Appraiser
  • Architectural Style: Spanish
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: Doors - Swing In, No Interior Steps
  • Property Condition: Updated/Remodeled, Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable
  • Directions: North on Newell left at Ripple and Right on Coolidge. Property is on your left.
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Biking, Sidewalks, Suburban, Street Lights, Storm Drains, Park, Fishing, Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 2909 N North Coolidge Ave

Last sold for $678,000 on March 5th, 2021

  • January, 2024

  • Jan 22, 2024

    Date

    Back Up Offer

    CRMLS: P1-15784

    $2,980,000

    Price

  • Nov 17, 2023

    Date

    Active

    CRMLS: P1-15784

    $2,900,000

    Price

  • March, 2021

  • Mar 8, 2021

    Date

    Sold

    CRMLS: BB20240839

    $678,000

    Price

  • Feb 10, 2021

    Date

    Pending

    CRMLS: BB20240839

    $675,000

    Price

  • Jan 22, 2021

    Date

    Active Under Contract

    CRMLS: BB20240839

    $675,000

    Price

  • Jan 14, 2021

    Date

    Active

    CRMLS: BB20240839

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION! LOCATION! WELCOME to YOUR new cozy home featuring 2 bedrooms, 1 bath, kitchen, detached garage and long driveway ideal for additional cars. Built in 1922 with 870 sqft of living space on a 5208 sqft lot, offering tremendous potential for expansion as it is zoned LAR2. This property is in the heart of Elysian Valley and a close distance to LA River/ bike trail, Frog spot, weekend Kayaking, Freeways (5,10,2,110,101), restaurants, shops, Marsh Skate Park and Elysian Valley Community Garden making it centrally located for all your needs. The POSSIBILTES are ENDLESS and awaiting YOU.

  • November, 2017

  • Nov 28, 2017

    Date

    Canceled

    CRMLS: CV17143875

    $549,999

    Price

  • Nov 22, 2017

    Date

    Hold

    CRMLS: CV17143875

    $549,999

    Price

  • Nov 22, 2017

    Date

    Active

    CRMLS: CV17143875

    $549,999

    Price

  • Oct 23, 2017

    Date

    Hold

    CRMLS: CV17143875

    $549,999

    Price

  • Oct 20, 2017

    Date

    Active

    CRMLS: CV17143875

    $549,999

    Price

  • Aug 22, 2017

    Date

    Hold

    CRMLS: CV17143875

    $549,999

    Price

  • Jun 25, 2017

    Date

    Active

    CRMLS: CV17143875

    $549,999

    Price

  • Listing provided courtesy of CRMLS

    Welcome to 2909 N Coolidge Ave in Los Angeles. For the first time in over 40 years this house is finally on the market. Situated in one of Los Angeles' hottest neighborhoods Atwater Village, this would make the perfect starter home or investment property. This centennial home is located between Glendale and Silver lake and conveniently close to major freeways. The home itself boasts 2 good size bedrooms, 1 full bath, and updated kitchen counter tops. This property won't last long so come and see what could potentially be your own little piece of prime Los Angeles Real Estate.

  • November, 1999

  • Nov 30, 1999

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2909 N North Coolidge Ave

Assessed Value (2020): $714,000
Year Land Value Improved Value Assessed Value
2020 $571,200 $142,800 $714,000

Home Value Compared to the Market

This property vs the competition

2909 N North Coolidge Ave is listed 138.59% higher than the median list price for the city of Los Angeles which has a median list price of $1,249,000. The median price per/sqft for Los Angeles is $774 and this home is listed at $832.4 per/sqft which puts the price per square foot 7.55% higher than the median price per square foot for the city of Los Angeles.

About 2909 N North Coolidge Ave

Detailed summary of property

2909 N North Coolidge Ave is a multi family located in Los Angeles, CA 90039 and is currently in escrow to be sold. This multi family property offers 8 bedrooms, 8 bathrooms, roughly 3,580 living square feet, and sits on an approximately 5,187 square foot lot. 2909 N North Coolidge Ave was first listed on ArdentRealEstateGroup.com on November 17, 2023. The homeowner is currently asking $2,980,000 and was originally asking $2,900,000. The median priced home in Los Angeles is $1,249,000 with a median price per square foot of $774. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 138.59% higher than the median priced home. Local competing homes currently for sale include 4310 Franklin Ave, 4312 Price St and 325 N Union Ave. While the average home in Los Angeles, CA is selling in 94 days, 2909 N North Coolidge Ave has a days on market of 69 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 2909 N North Coolidge Ave Los Angeles, CA 90039 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2909 N North Coolidge Ave

Public county record property details
Beds
2
Baths
1
Year built
1922
Sq. Ft.
870
Lot Size
5,187
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
189
APN
5442-023-026

The source for these homes facts are from public records.

90039 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,595,000
Median List Price/Sq.Ft.
$931
Median Sold Price
$1,505,000
Median Sold Price/Sq.Ft.
$1,136
Total Inventory
47
Median Sale to List Price %
113.58%
Avg Days on Market
20
Loan Type
Conventional (23.08%), FHA (0%), VA (0%), Cash (7.69%), Other (7.69%)

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Recently Sold Homes Near 2909 N North Coolidge Ave

2917 N North Coolidge Ave, Los Angeles, CA 90039
$1,625,000 Last Sold Price
8 Beds
4 Baths
3164 Sq.Ft.
2917 N North Coolidge Ave
Los Angeles, CA 90039
2839 Allesandro St, Los Angeles, CA 90039
$1,295,000 Last Sold Price
5 Beds
3 Baths
2580 Sq.Ft.
2839 Allesandro St
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2854 Partridge Ave, Los Angeles, CA 90039
$1,105,000 Last Sold Price
4 Beds
3 Baths
-- Sq.Ft.
2854 Partridge Ave
Los Angeles, CA 90039
2821 N North Coolidge Ave, Los Angeles, CA 90039
$1,080,000 Last Sold Price
3 Beds
2 Baths
1538 Sq.Ft.
2821 N North Coolidge Ave
Los Angeles, CA 90039

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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