Income Producing Condo w/ STR License
1111 Tulane Ave, #604, New Orleans, LA 70112

Overview
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.
For Sale
- Sale Price
- $695,000
- Price Per SF
- $588/SF
- Building Size
- 1,182 SF
- Zoning
- CBD-3
- Zoning Desc.
- Cultural Arts District
- Parish
- Orleans
- Listed
- 03/27/2026
- Updated
- 03/27/2026
- Listing ID
- 09a64d7f
- Parcel APN
- 105102458






















