All Forum Posts by: Chris Strandburg

I don't have the links to back it up, but I remember reading that a multi family doesn't count as an owner occupied resident that you can STR. It would have to be your primary residence where you either rent out a room short term, or rent out the entire home for a limited number of days a year when you are away for travel for example.

Have you looked into mid term rentals? Those would be allowed in LA and Playa and increase your rental earnings over a LTR. 

If you want to purchase a STR near LA, look for the drivable vacation destinations around LA that have a well established STR ordinance that you are able to comply with.

Happy to answer any more questions about STR and MTR in LA. We've been managing both types of rentals for the past 5 years.

I would avoid this area. Especially as you said, there's so much negativity surrounding STR there. Look at true, regional, drivable vacation markets instead with established STR presence

Hey @Chris Strandburg, so the reason a lot of folks say stay out is there are a lot of restrictions.

For example from the PDF the city has provided-

What are the main eligibility criteria to participate in Home-Sharing?
• Short term rental of one's own primary residence only
• Not able to rent a room or primary residence for more than 120 days a year, or apply for extended home-
sharing
• Extended home-sharing would be granted if additional criteria are met (see above)
• Possession of a Transient Occupancy (Tax) Registration Certificate from Office of Finance
• Not located in a unit subject to the Rent Stabilization Ordinance (RSO)
• Approval from landlord (if a tenant)
• Home-Sharing takes place in area approved for residential use

Here is the document - https://planning.lacity.org/or...

I would give them a call and see what they say. If you are planning on living on one side of the duplex, you might be able to do the STR for 120 days.