These Triple Bungalows are an Ideal Los Angeles Investment Property for Short-Term Rental
January 24, 2023
Venice Beach, Los Angeles investment property for sale: These triplet California craftsman bungalows prove that good things come in threes!
Are you in the market for a charming beach bungalow in the heart of Venice Beach, Los Angeles? Look no further – these triple California craftsman bungalows, located just one block from trendy Abbot Kinney and four blocks from world-famous Venice Beach, are the epitome of laid-back SoCal living.
Recently reduced in price from $3,095,000 to $2,995,000, these bungalows are a premiere acquisition opportunity. The homes are perfectly spaced on an oversized, western-facing corner lot with a pergola privacy fence, an oversized wooden gate, and towering Japanese pine.
Generating Passive Income with this Double or Triple Short-Term Rental
With this home, we stack rentals back-to-back, leaving only a one-week gap between bookings. This allows us to achieve about 95% occupancy.
It’s ideal for travelers who often have business in Los Angeles and need a comfortable, private, and charming place to stay.
We believe these bungalows will continue to experience tremendous demand and high occupancy. They are the perfect home for the buyer who vacations in Venice Beach often. Owners may opt to block off certain periods of time to be able to enjoy one of the bungalows while the others monetize year-round.
Please reach out to us at this link, or contact the realty team here to schedule a viewing. A P&L statement, as well as occupancy, is available for qualified and interested buyers.
The Space
The Brooks Bungalows radiate beachy comfort and retreat-style privacy while offering breathtaking updates, including hardwood floors, casement windows, oversized glass and tile showers, updated appliances, and Tesla solar panels.
Character abounds with decorative white-brick fireplaces, crown molding, and built-in wet bars. The classic galley kitchens offer double farmhouse sinks, double windows, and quartz countertops, as well as convenient stacking washer and dryer sets. Communal in spirit and private in design, each beach bungalow’s private entrance welcomes with Spanish tile and twin traveler’s palms.
Enjoy authentic indoor-outdoor living with boho-chic gravel space and stamped concrete, ideal for swinging in hammocks and enjoying black-eyed Susan vines, bougainvillea, and geraniums.
Venice Beach Investment Property
This property’s rental demand, prime location, and embedded value make it a premiere acquisition opportunity.
Don’t miss out on this rare opportunity to own a piece of Venice Beach.
Click here to schedule a viewing.
Successful Short-Term Rental Investment Properties in Los Angeles, California
Open Air Homes has a number of successful short-term and Month+ rental properties in our portfolio of 50+ homes in Southern California that are not currently for sale but are available off-market.
If you are looking for a successful short-term rental property with a review base and a successful Airbnb listing already intact, please reach out to us directly at this link.
