These are multiple assets of all sorts of things, retail, houses, condos, office. 

When I see deals that do pencil for an investor, the LTV is 60% or less (I deal with mostly retail and industrial). 

Commercial Revenue Generating properties like office buildings, apartment buildings, retail centers, etc (banks call it "CRE" lending) are typically evaluated from their net operating income, not gross.

I have made some local connections for contractors to do something solo when my current projects wrap up. 

Would love to connect with local RE agents and have an idea of the market situation in SA.

my hope is to get a nice unit for my son at below 50% of retail.  

The property has two residential units on the second floor and first floor is a retail space.

But the question remains - what do we need to do with these empty retail spaces? 

Local RE Economy : Although proportionately more affluent areas were impacted, Altedena is one of the most diverse constituencies in the State.

I have been working the last 6 months as a commercial real estate agent focusing on retail investment sales in Los Angeles.