Amazing AirBnB investment opportunity in DTLA! This art-deco themed unit boasts 9' ceilings, beautiful picturesque windows, natural light, neutral tile, quartz counters, and SS appliances with In-Unit Laundry. Everything conveys. Everything is included to begin generating income from Day 1. This is an opportunity to purchase a successful short-term rental… Read More 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. 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. *Borrowers will receive agency price credit of up to 3.625 points on their rate lock. Offer is valid for only FTHBs on owner occupied residences in this property's census tract. Up to offer is based on $10,569 monthly income,639 credit score, 85% loan to value, condo property type. Please consult with a licensed mortgage profesional for more details. Read Less
Property listed by Compass, Michael Musha'Sha 310-652-6285
Listing Snapshot
Days Online
3
Last Updated
Property Type
Condominium
Beds
1
Full Baths
1
Square Ft.
780
Lot Size
0.36 Acres
Year Built
1924
MLS Number
25475639
30 Days Snapshot Of 90015
$585k
-32%
(avg) sold price
1
-75%
home sold
261
+183%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Barbecue, Dishwasher, Washer
Building
Built in 1924, Building area total: 780, Levels: One, Living area: 780, 1 story
Fireplaces
None
Heating
Central
Home Owner's Association
Association fee: $523, Association amenities: FirePit, PicnicArea, Pool, Security
Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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