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10200 Lilac Lane

Chatsworth, CA 93063
  • $4,325,000
  • STATUS: Active
  • ON SITE: 102 Days
  • ID#: SR21146339
UPDATED: 55 min ago
$4,325,000
  • 0
    BEDS
  • 21.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,067
    SQFT
  • $1,063
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1974
County:

School Ratings & Info

Description

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 youre 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 youve 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 owners 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. Its 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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Based on information from CRISNet MLS as of 2021-10-25T12:56:25.507. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-10-25T12:56:25.507. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.randyplaice.com/homes/119307470
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10200 Lilac Lane Chatsworth, CA 93063

  • Price: $4,325,000
  • Status: Active
  • Updated: 55 min ago
  • ID#: SR21146339
0
Beds
0
Baths
0
½ Baths
21.23
Acres
4,067
SQFT
$1,063
$/SQFT
1974
Built
Neighborhood:
Cht - Chatsworth
County:
Los Angeles
Area:
Cht - Chatsworth
Property Description
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 youre 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 youve 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 owners 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. Its 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.
Exterior Features

Architectural Style Cape Cod Construction Materials Stone Exterior Features Stable Fence YN Yes Fencing ElectricSee RemarksWrought Iron Levels Two Lot Features Horse PropertyLot Over 40000 SqftMisting SystemYard Lot Size Area 924831.0000 Parking Features Auto Driveway GateCircular DrivewayControlled EntranceDrivewayRv Access/Parking Parking Total 2.00 Parking YN Yes Roof Composition View City Lights View YN Yes

Interior Features

Appliances Built-In RangeDishwasherDisposalPropane RangeRange Hood Appliances YN Yes Common Walls No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features Dining Room Fireplace YN Yes Flooring StoneWood Heating Central Heating YN Yes Interior Features Ceiling Fan(S) Laundry Features In Garage Laundry YN Yes Room Type Main Floor Master BedroomSauna

Property Features

Additional Parcels YN No Community Features BikingHikingMountainousRavineStable(S)Rural Land Lease YN No New Construction YN No Pool Features None Pool Private YN No Property Attached YN No Property Condition Updated/Remodeled Senior Community YN No Sewer Conventional Septic Spa Features In Ground Spa YN Yes Special Listing Conditions Standard Utilities Electricity ConnectedWater Connected Water Source Public Zoning Laa2

Listing provided courtesy of Stephen Kaseno, CA DRE# 01027384, of Compass.


Based on information from CRISNet MLS as of 2021-10-25T12:56:25.507. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-10-25T12:56:25.507. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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27720 Dickason Drive
Valencia CA, 91355