Although investors in Los Angeles residential real estate, we are based overseas. So we needed a local management team that would provide a reliable and comprehensive service. Preferably a family-led operation which would also ensure continuity with the senior management. A Los Angeles realtor friend recommended Lotus. He has been proved absolutely right.
We live in the San Diego area and Lotus West Properties has taken care of our building for many years. They manage all phases of the business smoothly and profitably. The building is in excellent hands.
From safe drinking water and renewable energy to waste reduction and efficient transportation, the city of Santa Monica is leading the way toward a greener, more eco-friendly community. In this article, we’ll take a quick look at how this vibrant city by the sea...
In the world of rental properties, the process of renovating a rental unit can bring about positive changes for both property owners and tenants. As renovations begin, it's essential to address the rights of tenants, ensuring their well-being and comfort are upheld...
In the dynamic world of real estate, property management and asset management are two vital roles that often intertwine but serve distinct purposes. Understanding the fundamental differences between these roles is crucial for investors, property owners, and industry...
Los Angeles Property Management – FAQ
How much does property management cost in Los Angeles?
Lotus West Properties charges a management fee of 5-6% for Los Angeles rental properties. This amount may vary between situations based on the number of units and the location of your property. Call, email, or request a call from our property management experts for detailed pricing and service information. Our team is happy to discuss how we can improve your renting experience.
How much do you charge for leasing vacancies?
Lotus West Properties determines vacancy leasing fees based on the particular situation. Contact our friendly property management team in Los Angeles and see if your location is eligible for free vacancy leasing.
What methods do you use for listing Los Angeles vacancies?
How does Lotus West Properties show rental vacancies?
This in-person experience also gives us a feel for the potential renters to ensure that landlords get the best renters. We believe that successful, long-lasting applicant relationships start with an in-person viewing and initiation.
What kind of services can you provide?
At Lotus West Properties, we specialize in various high-quality, professional services to make the renting process easy. Our knowledgeable team of property management experts maintains a well-rounded portfolio of services, including:
- Market & rent vacancies
- Screen tenants & check credit
- Collect rent from tenants
- Repair and maintain units
- Remodel units as needed
- Oversee ADU construction
- Maintain property insurance
- Upkeep common areas
- Pay invoices
- Oversee retrofitting
- Collect rental deposits
- Communicate with vendors
- Communicate with tenants
- Bookkeeping and leasing responsibilities
- Commercial property management
Do you own any of the buildings you manage?
Who do you use for repairs?
Lotus West Properties maintains an internal maintenance crew that specializes in routine maintenance and common repairs. This saves us and our clients, money. When in-depth repairs or permit-related maintenance is required, we reach out to the best contractors in Los Angeles for licensed assistance.
Thanks to years of experience with property management in Los Angeles, Lotus West Properties has developed connections with the best service experts in the area.
How many people work in your company?
Lotus West Properties maintains a tight-knit team of about ten people. As part of a full-service property management company, our team handles everything from finding tenants to maintaining your property and collecting rent.
We also provide top-notch property management services to investment property owners and we are committed to helping them with their real estate needs. Meet our team today.
How much do you markup for repairs and materials?
What software do you use for bookkeeping?
What kind of reports do you send? How often?
What forms of payment does Lotus West Properties accept?
How many units do you manage?
How many buildings do you manage?
Lotus West Properties manages 92 apartment buildings across Los Angeles and continues to grow with each relationship built. Contact Lotus West Properties and work with one of our professionals to help you identify your new home.
Where are your buildings located?
Lotus West Properties manages and maintains rental buildings throughout Southern California, servicing areas including Westwood, Hollywood, West Los Angeles, Beverly Hills, Santa Monica, Brentwood, Venice, Culver City, and Koreatown. Get in touch with our professionals to find out if property management services are available in your area.
What are your business hours?
If there is an emergency after hours will someone respond?
Are you licensed and insured?
Yes, Lotus West Properties is licensed and insured. The property manager that will be assigned to you will take great care to ensure that everything is by the books and exactly as it should be when managing your property.
Are you good at dealing with problem tenants?
Our professionals specialize in difficult scenarios, lending you the experience and delicate skill set needed to make the best out of a bad situation. Call our property managers today and find out how we can help you with problematic renters.
Are you familiar with current eviction laws and legislation?
The Lotus team is well versed with current tenant eviction laws and legislation. The owner of Lotus West Properties is on the board of AAGLA (Apartment Association of Greater Los Angeles) and always has the most up-to-date information regarding legislation and issues. It might not be in the news yet, but Lotus has the scoop (and maybe on the news talking about it).
As one of the top property management companies in LA, we have over 20 years of experience leasing, buying, and managing residential and commercial properties.