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$499,000
Est. payment /mo
1 Bed
1 Bath
780 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 780 sqft
Price per Sqft $639
MLS Listing ID CL25475639
Bedrooms 1
Full Baths 1
HOA Fees $523/mo
HOA Y/N Yes
Year Built 1924
Lot Size 0.356 Acres
Acres 0.3558
Property Sub-Type Condominium
Property Description
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 tr
Location
State CA
County Los Angeles
Zoning LAC2
Interior
Interior Features Breakfast Bar, Laminate Counters
Heating Central
Fireplaces Type None
Fireplace No
Appliance Dishwasher
Laundry Washer
Exterior
View Y/N true
View City Lights
Private Pool false
Building
Story 1
Level or Stories One Story
New Construction No
Others
Tax ID 5139003079
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Listed by Michael Musha'Sha • Compass