Commercial Property Management santa monica

lotus west|YOUR PRIME SOURCE FOR COMMERCIAL PROPERTY MANAGEMENT SERVICES

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

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lotus west properties in santa monica

Lotus West Properties is a Los Angeles-based full-service property management company specializing in commercial real estate.

With over 20 years of industry experience throughout the Greater Los Angeles area, we are confident and dedicated to providing commercial and residential property management services unique to property owners and tenants in Santa Monica.

We recognize Santa Monica as a rare jewel: a beach destination with a vibrant downtown that rivals bigger cities. It’s a combination that is truly irresistible for potential property owners.

As such, we have a portfolio comprising properties in Santa Monica that we own and manage and properties managed on behalf of other owners. Our unique partnership with local real estate brokers provides us access to a diverse range of properties, including investment property.

Furthermore, we want each building under our management to receive open communication, personalized attention, and transparency through our dedicated property manager. Nurturing these strong relationships builds tenant satisfaction and long-term success for property owners.

Lotus West Properties recognizes the need to develop strong connections with our clients and tenants. So, if you’re looking for professional property management services for your Santa Monica properties, there’s no better company than Lotus West Properties.

You can trust that with Lotus West Properties, your commercial property will be in capable hands, so you can focus on your investment goals while enjoying peace of mind.

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Reviews & Testimonials

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.

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

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FAQ

What services do you offer as a Santa Monica property management company?

We provide the following management services in Santa Monica, California:

  • Market analysis of vacancies and rental advertising
  • Marketing of commercial property
  • Draw up rental commercial rental contracts
  • Financial screening of prospective tenants
  • Provision of financial reports and basic bookkeeping tasks
  • Maintenance of commercial property according to building codes
  • Administration of lease 
  • Payment of contractor invoices and reconciliation with budget
  • Collection of monthly rentals
  • Communication with tenants and contractors

 

 

What areas in California do you serve?

We provide our services throughout the Santa Monica area, in addition to other areas in Los Angeles. View our portfolio of properties and locations here.

What experience do you have in commercial property management?

Our team has over 20 years of experience in commercial property management, serving the greater Los Angeles area and managing both residential and commercial properties. We are committed to providing high-quality service and ensuring our clients’ satisfaction.

How do you go about managing a commercial property in Santa Monica?

Our approach begins with an initial assessment of the property. From there, we use a strategic marketing approach to advertise the property and apply our experience to find a suitable tenant. We also provide a detailed report of our progress and address any issues or concerns in a timely manner.

Our focus in the commercial rental property arena is to develop targeted methods to increase property owners’ income, improve operational efficiencies, and maintain high occupancy rates.

What size of commercial properties does your team specialize in?

Our team has the experience and resources to manage various commercial properties, including those ranging in size from 10,000 to 200,000+ square feet.

How does Lotus West Properties handle business lease negotiations?

Lotus West Properties handles lease negotiations for commercial properties in Santa Monica on behalf of our clients by securing favorable lease terms. These terms cover lease duration, rent pricing, renewal options and additional provisions to protect your interest.

How do you collect and manage rental payments for commercial properties?

We provide commercial tenants with various payment options, including online platforms, and we constantly track and report rent collection. We ensure that funds are distributed to clients promptly and accurately.

How can I contact your commercial property management team?

You can reach us by phone at (323) 287-1048, request a callback, or email us at info@lotusproperties.com. We are available during normal business hours, Monday to Friday, and we would be more than happy to help with any inquiries or questions you may have.

Is Lotus West Properties available 24/7 for support in case of commercial property emergencies in Santa Monica?

Yes, we provide 24/7 emergency support for commercial properties in Santa Monica. We provide a list of contact numbers to tenants and landlords for emergencies. 

How quickly can you respond to tenant queries and problems?

We make sure to respond to tenant queries and problems within 24 hours of receipt. If it’s an emergency, we will respond as soon as possible.

What financial progress reports will you provide for my commercial property in Santa Monica?

We provide financial reports that include detailed information, including income, expenses, and cash flows for your commercial property in Santa Monica. The progress reports are designed to provide you a clear understanding of your property’s financial performance and will assist you in making sound business decisions in optimizing your investment and rental strategies.

What makes Santa Monica a unique investment opportunity for commercial property?

1. Prestigious Reputation – Santa Monica is known for its iconic pier and beautiful beaches. The famous resort town also boasts unique experiences – from the cultural to the adventurous. It has also attracted startups and entrepreneurs because of its supportive business environment, resources, and infrastructure.

2. Booming Tech Scene – California is a unique technology landscape, and Santa Monica is no exception. Businesses and individuals alike can thrive here because of the robust infrastructure that allows remote work and a vast network of technology providers.

Hulu, Snapchat, Bird, and ZipRecruiter have established headquarters in Santa Monica, making it an excellent city for tech professionals.

3. World Class Dining – Santa Monica won’t disappoint the foodies. It is known for its innovative and diverse culinary scene, with dozens of world-class restaurants serving vegan cuisine and fresh seafood. 

4. Health and Wellness – Providing ample opportunity for the health industry, Santa Monica is a place for healthy living. It offers a variety of twists on the ancient practice of yoga, including hot yoga, hip-hop yoga, and beach yoga. It’s also famous for stand-up paddleboarding (SUP), an excellent outdoor water sports workout.  

5. Exciting Activities – Living and doing business in Santa Monica means you won’t run out of things to do. Commercial entertainment venues are a big success in the area. You can also stroll on the Santa Monica Pier, home to the Pacific Park amusement park, restaurants and shops, and the Santa Monica Aquarium.