I have an amazing deal under contract: Investor Opportunity: Hollywood Hills, luxury short-term rental is a turnkey cash-flow asset in the heart of L.A.’s most iconic neighborhood , priced well below market value and packed with built-in equity and upside potential. Why This Property Stands Out: 1.Underpriced in a Multimillion-Dollar Neighborhood • Under Contract: $1,799,000. • Nearby Sales: • 8029 Willow Glen Rd (2,100 sq ft): $2.8M • 7651 Willow Glen Rd (5,000+ sq ft): $6.7M • 8050 W Willow Glen Rd, ( 2,748 sqft: $3,8M Close to the Houdini Mansion Estimated Market Value: $2.06M–$2.78M. Built-In Equity: Up to $985,000. Based on the average price per square foot ($1,000–$1,350) in this area, the estimated value of this home is between $2.06M–$2.78M, giving you instant equity of up to $985,000. It’s currently priced at $1,799,000 , an incredible entry point. 2. Airbnb Income Potential: $14.7K–$16.8K/Month. This home is: • Licensed, furnished, and currently operating as a short-term rental. • Nightly Rate Estimate: $700–$800. • 70% Occupancy Revenue: $14,700–$16,800/month. • Gross Annual Income: $176K–$201K. • Net Income (after expenses): ~$120K/year. • Cap Rate: ~6% - 6.5% rare in luxury LA real estate. Value-Add Strategy (Optional). Light upgrades could increase both income and resale value: • Kitchen Modernization – $75K. • Outdoor Lounge/Jacuzzi Upgrade – $25K. • Smart Security & Automation – $10K. Total Upgrade Budget: ~$110K. Post-Reno ROI: • New Nightly Rate Potential: $950–$1,100 • Monthly Revenue: $20K–$23K. • Projected Resale: $2.8M–$3.2M • Equity Upside: +$1M. Strategic Advantages. • Market Positioning: Post-renovation, the property will stand out in the competitive Hollywood Hills market, attracting high-paying guests. • Increased Asset Value: Enhancements will significantly boost the property’s resale value, offering flexibility for future exit strategies. • Enhanced Guest Experience: Upgrades will lead to better reviews and repeat bookings, solidifying the property’s reputation. Key Investor Advantages: • Immediate Passive Income from Day 1 • Below 70% Market Value — LTV-Friendly • High-Demand Tourist Location near iconic Hollywood attractions, neighbour to Houdini mansion. • Flexible Strategy: Airbnb hold or flip within 6–12 months. Bottom Line:You’re getting the best deal in Hollywood Hills, with furniture, decor, licensing, and guest-ready setup included , all in one of the most desirable Airbnb zones in the country.Whether you’re after cash flow, equity growth, or a profitable exit, this property delivers all three. 8032 Willow Glen Rd is a smart investment with low risk and high reward. DM now to secure walkthrough, underwriting, or offer support. Off-market deals like this don’t last in Hollywood Hills.
