AWARDED AAGLA’S TOP NEW PROPERTY MANAGEMENT FIRM 2020-21

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About Us

Lotus West Properties is the premier property management company for multifamily income properties in the greater Los Angeles area. We have a portfolio of properties that we own and manage, as well as properties that we manage for other owners. We currently manage over 900 units and are constantly adding new clients. We focus on maximizing cash flow by increasing income and maintaining high occupancy rates, and reducing expenses through efficient management and utilizing our experienced in-house repair crew.

Our main priority is maintaining an honest and trustworthy relationship with our clients as well as our tenants, while giving each and every building that we manage the personal attention and care that they deserve.

If you own an income property of any size, and are looking for someone to take care of your building as if it was their own, please contact us to discuss your needs.

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Reviews & Testimonials

4

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.

Margaret S.

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.

Carol P.

My family has a portfolio of properties primarily in the Brentwood and Westwood areas of Los Angeles. Lotus West Properties has taken a huge workload off our shoulders and have done a great job managing our buildings according to our needs. Now we have more free time to take family vacations and see our grandkids, and the stress of managing these buildings is no longer our burden.
Gaby C.

5

Proud Members of:

Apartment Owners Association of California, Inc.

Apartment Association of Greater Los Angeles

California Rental Housing Association

National Apartment Association

Better Business Bureau

Yelp, Inc.

Expertise.com

Forbes Councils, LLC.

Entrepreneur Magazine

Our Blog

The Path To Exceptional Property Management

21 Jan, 5:27 pm

Forbes Article: https://www.forbes.com/sites/forbesbusinesscouncil/2022/01/21/the-path-to-exceptional-property-management/?sh=23428d277db1 BY  ARI CHAZANAS Jan 21, 2022,09:00am EST There has never been a more challenging time to attract and retain good tenants, so it...

15 Simple Ways To Tie A Social Mission To Your E-Commerce Business

11 Jan, 9:23 pm

Forbes Article:  15 Simple Ways To Tie A Social Mission To Your E-Commerce Business (forbes.com)   Today's customers want the companies they buy from to make a difference in the world. Tying social causes into business goals has become an increasingly common...

How to Scale Down Turnaround Time on Vacancies

10 Jan, 1:38 pm

Vacancies are never a good thing because it means you are not generating income on your property. If a tenant has decided to vacate the premises, and hopefully given you adequate advance notice, your top priority is finding a new renter as quickly as possible. That...

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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?
Our methods for getting Los Angeles rental vacancies filled include listing your property on the top real estate websites, including Apartments, HotPads, Trulia, and Zillow. These listings, combined with in-person showings and a listing on our website give your property increased exposure and a fast track to success. Our professionals cover all the bases for you so the property can keep earning.
How does Lotus West Properties show rental vacancies?
Los Angeles properties are always shown by a member of our staff or via facetime to ensure that potential renters receive a personal experience. Our property managers are there to answer any questions and start a relationship with the applicant, so all questions and concerns are addressed before move-in.
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
Do you own any of the buildings you manage?
Lotus West Properties owns, manages, and maintains properties in various cities throughout Southern California. Every building we manage, whether we own it or manage it for a client is treated with the same attentiveness and care as if it were our own.
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.
How much do you markup for repairs and materials?
Lotus West Properties never marks up repairs or materials. Our focus is to keep your expenses minimal and income consistent. Most repairs are conducted by our in house professionals and not 3rd party vendors which typically results in significant savings.
What software do you use for bookkeeping?
Our bookkeeper utilizes Quickbooks to manage property finances. This allows us to be flexible and effective at bookkeeping for your property.
What kind of reports do you send? How often?
Examples of the reports sent out by our property managers each month are P&L, rent collection, all banking statements, and invoice copies. Lotus West Properties ensures that both sides can easily remain organized for as long as we manage your Los Angeles rental property.
What forms of payment does Lotus West Properties accept?
Lotus West Properties tenants may submit their rent payment by logging into their payment portal or mailing a check to our office. Tenants can also request that we pick up their rental payment at the property for the most convenient experience.
How many units do you manage?
Lotus West Properties manages just over 1,000 rental units. We are always looking for new opportunities to assist property owners provide the best service in order to keep their income high and operating costs minimal.
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?
Our typical office hours are 9-5, but our property managers strive to be available 24/7 in case of an emergency.
If there is an emergency after hours will someone respond?
Our team is always available in emergency situations. Potential renters in Lotus West Properties have access to the phone numbers and emails of our office staff and maintenance crew, so there is always someone who can help when needed.
Are you licensed and insured?
Yes, Lotus West Properties is licensed and insured. We 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?
Unfortunately, problem tenants are almost guaranteed to be a part of your landlord experience at some point, and when you end up with one, Lotus West Properties is the team you want dealing with them

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).