AirBNB/STR in Los Angeles/Playa Del Rey Possible?

[Chris Strandburg]

Hey everyone. I've followed BP for years but have become serious more recently. I've read multiple books and through some of the forums and blogs. I'm considering doing a short term rental (duplex) in the Playa Del Rey area. From what I've read in the forums, the consensus for STRs in LA seems to be "Don't do it!" 

I think I understand a few of the reasons why (and I'm sure there are many others), but I was curious if anyone is actually making it work. If so, is it sustainable for you? Are you hating your life? Since I've seen some STR listings in the LA beach areas, part of me thinks it might be possible. But I don't know how much pain those hosts are going through. I'd appreciate any tips or insights from anyone--thank you!

[Michael Baum]

Hey @Chris Strandburg, so the reason a lot of folks say stay out is there are a lot of restrictions.

For example from the PDF the city has provided-

What are the main eligibility criteria to participate in Home-Sharing?
• Short term rental of one's own primary residence only
• Not able to rent a room or primary residence for more than 120 days a year, or apply for extended home-
sharing
• Extended home-sharing would be granted if additional criteria are met (see above)
• Possession of a Transient Occupancy (Tax) Registration Certificate from Office of Finance
• Not located in a unit subject to the Rent Stabilization Ordinance (RSO)
• Approval from landlord (if a tenant)
• Home-Sharing takes place in area approved for residential use

Here is the document - https://planning.lacity.org/or...

I would give them a call and see what they say. If you are planning on living on one side of the duplex, you might be able to do the STR for 120 days.