How much would something like this rent for? (sale, HOA)

[Finper]

What the hecks a maids unit? Is there a bathroom and kitchen?

[Finper]

Originally Posted by Kings Gambit

I have a hard time believing the accuracy of the square footage listed. It says 242 sq feet. Im thinking they meant to say 1242 sq feet. Also, no matter what the owner would charge for rent, the monthly HOA is $1700. So this is a pretty bad investment no matter how you look at it. One bedroom condos are actually some of the WORST things to buy.

That's no typo. It's actually 242 sqft for 300k

[jm1982]

Originally Posted by Finper

What the hecks a maids unit? Is there a bathroom and kitchen?

I think I have seen something like this for sale in one of those buildings before .
I guess for a live in maid to live there ?

I doubt there is a kitchen ..

Here is a condo in century city that was $2.149 million and they said maids unit will be sold separately for $160,000

So I guess maids units are a thing in century city condo buildings


https://www.openlistings.com/p/10660...geles-ca-90024

[adr3naline]

It's <300sqft.

Likely unfolding 1 of 4 ways:

1. Someone in the industry will buy it as an LA crash pad.
2. A neighboring unit owner will buy it and consume it.
3. Someone with the OP's mindset will buy it thinking it's a good deal...and rent it for ~$1500/mo max.
4. Someone who needs an LA address (legitimate or illegitimate) will buy it and never step foot in it.

[Mr_Geek]

It's a tiny condo and I'd not be super enthusiastic about trying to make money on that unit.

[ryanms3030]

Originally Posted by Perma Bear

I've driven through Oakland. It looks like a third world country but it's better than renting.

Oakland is gentrified now. If you think Oakland is a third world country then you'll think you are on another planet in those LA neighborhoods

[spoolin]

Originally Posted by Finper

What the hecks a maids unit? Is there a bathroom and kitchen?

That would be where the maid lives. There would be a bathroom and possibly a kitchenette, but probably not a full kitchen. This would not be a unit for rent.

[Perma Bear]

Originally Posted by ryanms3030

Oakland is gentrified now. If you think Oakland is a third world country then you'll think you are on another planet in those LA neighborhoods

Drive down international or mcarthur and tell me about that gentrification

[Stephy0519]

It's literally a maid's unit--the 242 is NOT a typo. Looks like it only lists to current owners, in the building. Places in that building easily go for 1 million.

2222 Avenue Of The Stars #116, Los Angeles , California | John Aaroe Group

[BB_210]

Reminds of this

https://youtu.be/Po4adxJxqZk