Zhengtao Ji's savvy investment in a San Francisco condo previously owned by Vice President Kamala Harris highlights the potential rewards in a challenging housing market.
After purchasing the condo for $860,000, Ji leveraged its historical significance by marketing it as an opportunity to stay in Kamala Harris's former home, targeting affluent renters.
Running afoul of San Francisco's rental laws, Ji capitalized on his investment by offering the condo on short-term rental sites for a month-long minimum stay at $200 a night.
This strategy reflects a growing trend among Bay Area entrepreneurs using unique property histories to make the most of high-value real estate opportunities.
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