AWARDED AAGLA’S TOP NEW PROPERTY MANAGEMENT FIRM 2020-21
Lotus west in pacific palisades
Lotus West Properties is a leading name in the property management industry, offering unparalleled services for income properties in the Pacific Palisades and beyond. With a diverse portfolio of both our own properties and those managed on behalf of others, we boast a whopping 400+ units under our expert care.
At Lotus West, we’re passionate about maximizing the potential of each and every property in our portfolio. From increasing income and maintaining high occupancy rates, to streamlining expenses through smart management and in-house repair services, we’re always on the lookout for new ways to boost your cash flow.
What sets us apart is our commitment to building lasting relationships with both our clients and tenants. We believe in being transparent, trustworthy, and giving each building the individual attention and TLC it deserves.
So, if you’re a property owner looking for a team who will treat your building like their own, look no further! Get in touch with us today to discuss how we can help bring your income property to its full potential.
Reviews & Testimonials
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
LA moratorium to go, but “just cause” eviction rules to come
Ari Chazanas, president of Lotus West Properties was featured in an interview with the Real Deal discussing the new Los Angeles eviction moratorium. Read the article by Andrew Asch For Los Angeles landlords, the hard work is just beginning. After more than two years...
Alquilar vs. poseer: los pros y los contras
Renting vs Owning: The Pros and Cons Tenants come and go, that's a fact of the rental property business. As a landlord it's your job to do everything you can to ensure that your tenants remain in your units for as long as possible, otherwise you're not generating any...
Métodos efectivos para que los propietarios individuales administren múltiples propiedades con facilidad
Métodos efectivos para propietarios individuales para administrar múltiples propiedades con facilidad Administrar todas esas propiedades, ya sean edificios con unidades múltiples o viviendas unifamiliares independientes, no tiene por qué ser una tarea insuperable. Hay...
FAQ
What are the costs of working with Pacific Palisades Property Management?
You will be charged a 5-6% fee for managing rental property in Pacific Palisades. This amount varies based on the number of units and the location of your property. One of our specialists will walk you through the process and provide detailed pricing information.
How can I find out more about your services and costs?
You can email us at info@lotusproperties.com or call us and speak to one of our Pacific Palisades experts. You will be provided with detailed information about our services.
How can I be sure tenants will see my property?
Your property will be listed on the internet’s most visited real estate websites, including Zillow, Trulia, HotPads, and Apartments. These websites have been chosen for their high traffic volume, which ensures your property’s visibility. We can provide you with further exposure via our own website for maximum exposure.
How do you show vacancies to tenants?
Our team shows Pacific Palisades property listings in person or via Facetime, so we can be there for any questions or concerns. This allows us to build a relationship with the right tenants.
What services does your property management service include?
Our property management service includes a wide range of services to help you manage your property effectively. These include: rent collection, tenant screening and placement, property manager overseeing building management, maintenance and repairs, financial reporting and accounting, and legal compliance. We also provide 24/7 emergency support for tenants.
How can I be sure that you use only certified professionals for repairs?
Lotus West Properties uses our contacts in the industry to find the best crews and professionals for all types of repairs. We use licensed people, which allows us to main a high quality of maintenance work on buildings. Our admin team manages the entire process on your behalf.
What kind of management information can I expect as a landlord?
Pacific Palisades property owners will be sent monthly statements showing:
- P&L
- Rent collection
- Bank statements
- Invoices
Our professionals ensure that reports are done promptly, eliminating the stress of property management.
How can tenants pay their rent?
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 a check at the property for the most convenient payment experience.
How many units do you manage?
You can rest assured that we have experience managing properties because we currently manage 500 units across 34 buildings. This includes buildings in Pacific Palisades. This list is growing daily as more landlords trust us with their rental investments.
What kind of reports do you send? How often?
Some of the reports that we send to our Beverly Hills property owners each month are P&L, rent collection, all banking statements, and invoice copies. Our professionals ensure that both sides can easily remain organized for as long as we are managing your Beverly Hills property.
What methods do you accept rent by?
Lotus West Properties tenants may submit their rent payment by logging into their payment portal or by mailing a check to our office. Tenants can also request that we pick up a check at the property for the most convenient payment experience.
How many units do you manage?
Lotus West Properties manages just under 500 properties and is growing. We are always looking for new opportunities to help property owners provide the best service and keep operating costs minimized.
What are your business hours?
Our team is available 9 am – 5 pm on weekdays and for emergencies after-hours.
Are you licensed and insured?
Yes, Lotus West Properties is licensed and insured. We would not take risks with our own properties and we want you to have the same peace of mind.
What is special about Pacific Palisades?
Nestled between the Pacific Ocean and Santa Monica Mountains is the coastal town of Pacific Palisades. Known for its seclusion and proximity to the ocean and hiking trails, it offers an ideal hideaway for those wanting to escape the hustle and bustle of downtown Los Angeles.
The Mediterranean climate provides the perfect weather for enjoying the vibrant downtown atmosphere. Known for its abundance of Italian restaurants, coffee shops, and boutiques, the quaint downtown area provides a busy yet relaxed atmosphere.
Pacific Palisades is noted for its architectural buildings. Many of its notable landmarks are homes styled by famous builders and architects. The eclectic architectural style is still seen in single-family homes, apartments, and cliff-side mansions.
With a population of 28 811, ‘Pali’ has a good mixture of schools, cultural and sporting activities and landmarks. If you’re looking for a lifestyle brimming with sunshine, nature, close-knit communities and proximity to some of LA’s most influential people, then this is the place for you.
The locals have this saying: ‘If you’re rich, you live in Beverley Hills. If you’re famous, you live in Malibu. If you’re lucky, you live in Pacific Palisades.’
Property Management Services can make a big difference in your Pacific Palisade experience. Lotus West Properties is a favorite amongst the owners of Pacific Palisade’s most stunning properties. Let us help you find your home in this beautiful neighborhood.