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Annual Airbnb Revenue in Lomita california, USA

Last updated on May 24th, 2024

Lomita, California| Airbnb Market Data & Overview | USA

Lomita, California
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Lomita, California, USA?

What is the occupancy rate of Airbnb in Lomita, California, USA?

What is the average daily rate of Airbnb in Lomita, California, USA?

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Lomita, California, USA Airbnb Data

Last updated on: 15th May, 2024

USA / California / Lomita, California
Investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment’s annual return is 8.5% before taxes are considered.
Without further ado, let’s see if Lomita, California is good for Airbnb.
Occupancy Rate

66%

$115

Daily Rate

$28K+

Revenue (2023)

5.1%

Net Yield

42

Number of Listings

Is Airbnb Profitable in Lomita, California ?

No, it’s not profitable to Airbnb because the average net rental yield for a one-bedroom property is 5.1%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don’t have to pay a mortgage interest. A typical 1 bedroom listing in Lomita, California is booked for 263 nights a year, with a median occupancy rate of 72% and an average daily rate of $123. In Lomita, California, A typical host income (annual revenue) was $32,413 in 2023.

Best Areas in Lomita for Airbnb

Are you wondering where to invest in Lomita? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Long Beach
  2. Redondo Beach
  3. Manhattan Beach
  4. Hermosa Beach
  5. Torrance
  6. Palos Verdes
  7. San Pedro
  8. Carson
  9. Gardena
  10. Hawthorne
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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