Los Angeles County, Woodland Hills - Airbnb

[David Herzog]

Hello,

I am currently renovating a house in Woodland Hills and am going back and forth on whether or not to do a long-term rental or turn the house into an Airbnb. There are a few similar Airbnb comps in the area that charge around $500 - $600 per night. If I decide to go the long-term rental route, I think I could get anywhere from $6,500 - $7,500 per month.

Going the Airbnb route seems like it could be the most lucrative but the STR laws in LA have me worried. Another thing to consider is that I live in Northern California so I would need to find a reliable cleaning crew / handyman to have on deck.

Any tips from people who have STR experience in LA would be greatly appreciated.