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listing
1 of 50
Residential Income
$4,325,000
10200 Lilac Lane
Chatsworth, CA 93063
Listed by Stephen Kaseno DRE#01027384 [email protected] Compass
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$22,425/mo

This is an opportunity to own a highly passive, fully turn-key Airbnb business. All of the necessary systems and operational infrastructure are already in place, so it is an ideal investment for someone looking to step into a venture with very low operational oversight and a favorable ROI. In the current real estate climate with exorbitant prices and low CAP rates, it is essential to find new and creative ways of investing in the asset class in order to still achieve an attractive return. With an opportunity like this you’re able to enjoy all of the tremendous benefits that investment property affords (depreciation, deductions, equity buildup, etc), while still earning a solid return on the capital you’ve deployed. The property itself boasts a nearly perfect 5 star rating on both sites that host it (Airbnb and VRBO). Additionally, it holds Superhost status on each site, which highlights the property owners who are most dedicated to providing outstanding hospitality to their guests. A Superhost badge appears next to the listing, which substantially increases the probability of bookings. The current owner’s involvement is limited to only a couple hours a week. This includes simple administrative and management tasks such as coordinating check-ins, scheduling cleaning personnel, and answering guest inquiries. Everything within the operation is systematized and streamlined. No industry specific knowledge is required about real estate or real estate management to operate the business considering it is a standardized model that anybody can follow. It’s capable of operating on auto-pilot while providing the owner with a passive income in return. The current owner has spared no expense over the years to maintain this property, and as a result it shows great pride of ownership. Seller will provide all pertinent documentation from Airbnb and VRBO to substantiate any income claims. Please contact us with any additional questions.

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Information courtesy of Compass is subject to verification and is not guaranteed.
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