Is House Hacking in Los Angeles Feasible?

[Nina Marie]

I'm a newbie who is interested in house hacking in the Los Angeles area but I'm not sure if it is feasible or not (hoping to put in offers in October). I checked out the Bigger Pockets calculator but based on my inputs I get a very negative cash flow (-$4k to $6k per month). I'm hoping this is just because I am messing up on my inputs so I'd like to get some other opinions.

Here are my parameters:

I'm a first time home buyer and projected to have $160k - $180k allocated by October for down payment and closing costs with an additional $20k - $40k allocated for repairs. Would like the unit I live in to be a 2 bed + 1 bath and my unit's "rent" to be $2k -$2.5k per month. No more than 2-3 units total. If this is feasible what kind of purchase price should I be looking for?

For those familiar with the LA area, I am open to living in the valley and as south as Inglewood, but no further east than Burbank