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Updated almost 7 years ago on . Most recent reply

User Stats

17
Posts
6
Votes
Michael Pedenko
  • Scottsdale, AZ
6
Votes |
17
Posts

4 plex in Los Angeles Airbnb

Michael Pedenko
  • Scottsdale, AZ
Posted

Hello, I am looking to enter the Los angeles market with the purchase of a 4-plex for about 1.2m. It consists of 2 - 2 bedroom units and 2 - 1 bedroom units. My plan is to Airbnb all 4 of them to obtain a higher noi. The issue i'm having is finding contacts that have successful airbnb units in LA so that I can better understand occupancy/rates. Any in the BP community operating out of LA and can help me out? 

I have extensive experience in this space as I currently mange 100 of these in Scottsdale/Phoenix market. (we handle about 2000 check-ins a year)

Most Popular Reply

User Stats

62
Posts
20
Votes
Archie Robb
  • Los Angeles, CA
20
Votes |
62
Posts
Archie Robb
  • Los Angeles, CA
Replied

@Michael Pedenko Silverlake is a great area so if you can get a good price on a quadplex I would say go for it. I would prefer to do airbnb a little closer to Hollywood and Highland but I know for sure people do great on Airbnb in Silverlake. 

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