Lofty 61622 El Reposo St

Guest Favorite Vacation Rental in Joshua Tree, California

Offering Details

Allen Vaisman is transferring his property's deed to a new LLC and selling a portion of the LLC on the Lofty Marketplace. This property is the only asset owned by the LLC.
Tokens represent direct ownership in the LLC that owns the property. Allen will maintain at least 10% ownership in the LLC indefinitely.
View proof of Allen's ownership prior to the title transfer here. View the LLC documents here

Guest Favorite Short-term Rental managed by the co-owner, Allen, a Superhost on Airbnb with 322 reviews and a 4.75/5 rating.
Beautifully remodeled home minutes from Joshua Tree National Park and walking distance to local bars, restaurants, and shopping.
Relax under the starry skies in a cowboy pool after a day of exploring.
Spacious outdoor area with a fireplace, cozy seating, projector setup, and multiple lounge options for movie nights.
Features include a hammock, propane grill, corn hole game setups, and a 6-person outdoor dining table.
The interior offers bright natural light, board games, a sunroom-style kitchen, and a smart TV.
Sleeping spaces include a queen master bedroom, a bunk bed room, and a triple queen room with direct outdoor access.
Extras include a cowboy tub soaking pool, fully stocked kitchen, espresso machine, board games, and Zoom-ready Wi-Fi.

Airbnb

Allen, a software engineer at Coinbase, and his partner Jackie, also a software engineer, both live and work in California. Since diving into real estate a few years ago, they have both found a passion in creating memorable guest experiences. They've invested in both short term and long term rental properties in state and across the country. Jackie lives in San Jose and loves to travel. Allen resides in San Diego with his wife, dog, and two cats.

Managed by the co-owner, Allen Vaisman, a Superhost on Airbnb with a 4.75/5 star rating and 318 reviews. View Allen's Superhost profile.
Property Management Agreement
Insurance Policy from Travelers.

Airbnb

This property has a loan balance of $372,600 View the loan documents here.
As the seller, Allen Vaisman pays down 100% of the loan payments, his equity percentage in the property will increase and the levered rental yield of investors will decrease over time. Investors have the ability to change this structure via a governance vote.