Los Angeles multifamily market questions

[Jason Malabute]

Our group invests in the southeast and midwest market . We are looking to look into the Los Angeles market as the market goes to a downturn.

Questions:

1. What are the typical cap rates for A,B, C markets in LA today?

2. What is a good number to use for upgrade per unit for a typical 100 unit C property in LA? In midwest and southeast we normally find we typically pay $7k per unit and $500k in deferred Capex?

3. What is a typical cost basis for A,B,C  property in LA? For example for numbers to work in Midwest the cost basis has to be in $45-75k per door, but most sellers are looking to sell for $100-150k per door . How about in LA? 

4. What is a realistic CoC to expect in LA when buying multi family?