Here’s how much California Airbnb hosts make on average

KASA Real Estate Team Real Estate Leave a Comment

More than 89,000 Californians have opened their homes to Airbnb guests over the last year, earning about $12,000 annually on average. Los Angeles County led the state in most Airbnb guests, with 2.7 million in total, generating $613 million for hosts combined. San Diego County followed behind, with 1 million guests and $213 million in host income. Read the full …

Why S.F. rents are likely to remain the highest in the nation

KASA Real Estate Team General Interest , Real Estate Leave a Comment

San Francisco rents are down slightly in 2018, but are still the highest in the nation, and likely to remain there according to research from Zumper. In its annual wrap-up report, the rental site showed that, once again, San Francisco had the highest median rents in the country, with a median of $3,560 for a one-bedroom apartment and a two-bedroom median …

Airbnb landlords agree to pay San Francisco $2.25 million

KASA Real Estate Team General Interest , Real Estate Leave a Comment

The San Francisco Chronicle reported that Darren and Valerie Lee agreed to pay the money as penalties and investigation costs. City Attorney Dennis Herrera announced the settlement Monday, calling the penalty an important deterrent to others seeking to illegally profit from the city’s housing crisis. Read the full article here: Landlords turned 17 SF apartments into…