Address: 1111 Tulane Ave, #604, New Orleans, LA 70112
Rare opportunity to own the only 3-bedroom residence in the California Building. This turnkey, fully furnished, and thoughtfully designed 3-bedroom, 2-bath condo offers a beautiful blend of modern style with New Orleans flair. Just blocks from the world-famous French Quarter, this property comes with a grandfathered STR license in place, allowing the next owner to step into a well established business with proven income from day one. 2025 Gross Income was over $86,000 and over $40,000 in 2026 Bookings thus far! This property was designed with exceptional attention to detail, the unit features locally sourced solid wood furnishings, custom painted wall mural, and high-resolution smart TVs throughout. With 85 reviews and an impressive 4.8-star rating, guests consistently rave about their stay and return time and time again. Residents and guests of the building enjoy access to building amenities, including a fitness center, game room, and rooftop deck. An incredible opportunity for investors or savvy buyers seeking a personal New Orleans retreat that also generates income. Don’t miss your chance to own a truly turnkey, income-producing property in the heart of the city.
List Price: $695,000 | $588 PSF
GBA: 1,182 SF
Zoning: CBD-3
2025 Gross Income: $86,300
For further listing information or to schedule a showing please contact Rebecca Waxman 504-261-6867.
