Location, cost, property type, size – the list goes on and on. There are many variables to consider when investing in commercial real estate, especially for a first time buyer. For someone who is new to real estate investments, it might be difficult or even intimidating to decide which properties to consider as candidates to buy. This is understandable; there will be lots of questions on your mind. One of the questions will inevitably be: in what property type should I invest? We focus on this because once you decide on what type of property to finance, it is easier to narrow your search.
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Do you have millions of dollars saved up? Are you looking to invest in commercial real estate properties currently for sale in LA County? If you answered yes to both of these questions, then you might want to consider the following list of properties. This list was compiled from information provided by CoStar, and includes the most expensive multifamily, industrial & retail properties listed for sale in July 2015. Properties on this list are still for sale as of July 31, 2015 and information is current as of this date.
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Negotiating the price of commercial property can be a difficult and drawn out process, especially to first-time commercial real estate investors. Here are a few tips to follow:
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