Of course Developer #1, it's all based on the market's $/sf appreciation, which is quite cyclical in the Los Angeles area:Developer #2 yields under 1/2 of what #1 yielded, simply due to when he decided to buy his properties:I'll leave you with a few more Los Angeles-area overlays where you will see the same thing (the above are all for Sherman Oaks 91401):Don't forget the last leg of the data is not fully-representative, they fill-up as transactions occur.

Lucie, FL25.7%Jacksonville, FL25.3%New Orleans, LA25.3%Palm Bay, FL24.9%Orlando, FL24.5%Phoenix, AZ24.5%Crestview, FL23.5%Deltona, FL23.1%Tampa, FL23.0%Houston, TX22.9%Salt Lake City, UT22.4%Baton Rouge, LA22.2%West Palm Beach, FL22.1%Atlanta, GA22.0%Fort Lauderdale, FL22.0%Pensacola, FL21.9%Miami, FL21.5%Boise, ID21.5%Tucson, AZ21.1%North Port, FL20.9%Riverside, CA20.9%San Antonio, TX20.3%Oklahoma City, OK20.2%Dallas, TX19.9%Sacramento, CA19.8%San Diego, CA19.5%Fort Worth, TX18.9%Gary, IN18.8%Memphis, TN18.3%Anaheim, CA18.3%Tulsa, OK18.1%Tacoma, WA18.0%Denver, CO18.0%Albuquerque, NM17.9%Austin, TX17.9%Little Rock, AR17.8%Los Angeles, CA17.7%Myrtle Beach, SC17.4%Cleveland, OH17.3%Louisville, KY17.2%Chattanooga, TN16.8%Fayetteville, AR16.7%Knoxville, TN16.7%Chicago, IL16.7%Birmingham, AL16.6%Portland, OR16.6%Detroit, MI16.6%Nashville, TN16.3%Elgin, IL16.3%Dayton, OH16.0%Lake County, IL15.7%Albany, NY15.3%Virginia Beach, VA14.9%Pittsburgh, PA14.8%New Haven, CT14.8%Camden, NJ14.7%Akron, OH14.5%Grand Rapids, MI14.2%Charleston, SC14.1%Indianapolis, IN13.8%Columbus, OH13.6%Greenville, SC13.4%Bridgeport, CT13.3%Des Moines, IA13.0%Warren, MI12.7%Hartford, CT12.5%Winston-Salem, NC12.5%Cincinnati, OH12.3%St.

San Francisco's largest landlord just defaulted on a half a BILLION dollar loan.That's a lot of money.They have 320 buildings and 7,500+ apartments in San Francisco and Los Angeles. 

I'm sure he'd go into more detail of his exact practices to anyone who inquires.Bummer that TX has commandeered L/Os.  

Then William Mulholland, head of the LA water district, proposed building the Los Angeles Aqueduct.

When they built the Hoover Dam in the '30s, they never expected cities like Las Vegas, Los Angeles, San Diego, Phoenix, Tucson, and all their surrounding areas (not to mention Northern Mexico), to grow by the tens of millions like they have.There is no amount of rainfall or snowfall that will solve this problem permanently.

I'm also a new investor from Los Angeles, looking to start in Columbus as well.

I have spoken to 3 here in Los Angeles and all three of them had different plans and thoughts.

We had a tree rat problem in an apartment I was living at, in Los Angeles, and my apartment was immaculate.

Mitch is correct stating clerks in county offices are happy to help, if they work in Los Angeles County just don't expect them to be prompt with registering the deed.