2br - Off Market Monterey Hills Airbnb Condo (Los Angeles, CA)

California Posted 1 month ago housing/​real estate for sale

About This House

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Exclusive Monterey Hills Condo for Short-Term Rental

We are presenting an exclusive, off-market condominium located in the sought-after Monterey Hills area of Northeast Los Angeles. This property is currently functioning as a live short-term rental. The unit features two bedrooms and two bathrooms across 1,100 square feet, and comes with two subterranean parking spots equipped with electric vehicle charging. It presents a compelling opportunity for both immediate short-term rental income and long-term value growth.

The monthly homeowners association fee is $873.27. Residents have access to a variety of amenities including a recreation room, swimming pool, jacuzzi, fitness center, and secured gated parking.

Please note there is a forthcoming special assessment, the exact amount of which is still to be determined. Some foundation repairs are also required.

The condominium will be delivered completely renovated and furnished.

Based on its current performance on short-term rental platforms, the unit generates approximately $4,200 to $4,800 per month, with nightly rates ranging from $130 to $178. This represents a turnkey investment prospect in one of Los Angeles\'s premier hillside neighborhoods.

Property Specifications

  • Bedrooms: 2
  • Bathrooms: 2
  • Square Footage: 1,100

Location

M
Charlotte Jimenez
Member since 2015
★★★★ (4.2)

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