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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 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 professional for more details.
Property Type(s):
Condo/Townhouse/Co-Op
| Last Updated | 5/31/2025 | Year Built | 1924 |
|---|---|---|---|
| Community | C42 - Downtown L.A. | County | Los Angeles |
Price History
| Prior to Jan 27, '25 | $520,000 |
|---|---|
| Jan 27, '25 - Today | $499,000 |
Additional Details
| APPLIANCES | Dishwasher, Washer |
|---|---|
| AREA | C42 - Downtown L.A. |
| EXTERIOR | Barbecue |
| HEAT | Central |
| HOA DUES | 523|Monthly |
| INTERIOR | Breakfast Bar, Elevator |
| LOT | 0.3558 acre(s) |
| PARKING | None |
| POOL DESCRIPTION | Association |
| STORIES | 1 |
| VIEW | Yes |
| VIEW DESCRIPTION | City Lights |
Location
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Listed with Compass
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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