REAL ESTATE NEWS (Los Angeles, CA) — There are very few lofts in Downtown L.A. that are suitable to own and rent out short-term as a vacation rental on websites like AirBNB, VRBO, Booking.com etc Of those few, the best deals go fast, and there are a very tiny number with excellent character, natural light, views and price in the $400,000s. Most lofts and condos in the downtown area cannot be rented out short term due to HOA rules and other restrictions. Only a few valuable exceptions exist. The window of opportunity is open for these excellent, newer conversion lofts with outstanding industrial character that is vital to attract high-paying guests. We know of some pocket listings with rooftop decks and swimming pools. According to our sources, this opportunity may be gone tomorrow. We’ve just been notified that the inventory of these rare income-producing units is almost gone. Last chance! Soon, there will be no amazing lofts at all in this price range. This is literally a once-in-a-lifetime chance that must be taken advantage of today or ASAP!
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
