Market OverviewThe Los Angeles office market is comprised of 210.4 million square feet in twenty-one geographic concentrations ranging in size from the 38.9 million square foot Downtown submarket to the Mid-Cities submarket, which accounts for 1.8 million square feet.

PM me pls Its hard to say - a broad range of things but essentially not disclosure issues and wanting things fixed that they didnt ask for after their first inspection.

All this hype around it, all these people hammering at it, yet the vast majority are all but clueless on transactions. 

And I certainly didn't "cash flow", as rents were in the $18,000-20,000 range for the first few years.  

(Purchase price somewhere in the $600k range)The property should bring in around $45-$55k/yr running as an STR and there's already a manager at the building if you want to be completely hands off.Add me and send me a DM if you're interested in submitting an offer on something like this.

Recently I saw some decent sized laundromats that were priced in the $600-$850,000 range.

Most of the time I've been taught are that lenders are just people who are willing to get paid as long as you meet their criteria, nothing elseThank you for the feedback everyone, I will try and communicate better the next time I post  I understand things are much different in CA  with vast majority of the lending handled by the 5 or so banks in the entire country..

To get long term financing you have to be somewhere in the 75k range on loan amount .

The range for full service is 15-25%.Also as mentioned above you ought to be licensed and properly insured if you are to be a property manager. 

I would say it is doubly important for this price range (ARV is a half million!).