Property
Beds
1
Full Baths
1
1/2 Baths
None
Year Built
1924
Sq.Footage
750
Amazing AirBnB investment opportunity in DTLA! This art-deco themed unit boasts 9' ceilings, upgraded soundproof windows, natural light, neutral tile, quartz counters, and SS appliances. Everything conveys. Everything is included to begin generating income from Day 1. This is an opportunity to purchase a successful short-term rental in a prime location, close to shops, restaurants/bars, and Crypto arena. Building amenities include rooftop pool/spa, on site gym, 24-hour security, and the lowest HOA fees in DTLA. This is an active AirBnB. Please text listing agent to coordinate a viewing on cleaning days. No lockbox access. Please schedule showings in advance. This property is one of the few that through a successful application is allowed to operate Transient Occupancy Tax (TOT) which allows for AIrBnB with the correct permits that are renewable on a yearly basis. To further attract this property, all Furniture and Furnishings will be included in the sale. Additionally, The unit features upgraded windows for sound deadening that sets this unit apart for comfort. This property is in a census tract that has been designated a High Cost Area. For FTHBs with income less than $10,570/mo, the High Cost Area Purchase Program offers up to $16,023 in agency credits for an interest rate buy down. Please consult with a licensed mortgage professional for more details.
Features & Amenities
Interior
-
Total Bedrooms
1
-
Bathrooms
1
-
Fireplace YN
NO
-
Heating YN
YES
-
Heating
Forced Air
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Brick, Block
-
Parking
None
-
Pool
Yes
-
Pool Features
Heated, Lap, Association
-
View
Panoramic
Area & Lot
-
Lot Size(acres)
0.3558
-
Property Type
Residential
-
Property Sub Type
Condominium
Price
-
Sales Price
$619,000
-
Sq. Footage
750
-
Price/SqFt
$825
HOA
-
Association
YES
-
Association Fee
$510
-
Association Fee Frequency
Monthly
-
Association Fee Includes
N/A
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
11
-
Association Amenities
Insurance, Picnic Area, Pool, Spa/Hot Tub, Trash, Water
-
Foundation Details
Slab
-
Senior Community YN
NO
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Location
County
Los Angeles
Elementary School
Middle School
High School
Listing Courtesy of Michael Musha'Sha , Compass
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