Home Buying in Los Angeles>Question Details

Sam, Home Buyer in Los Angeles, CA

how many units would be considered a commercial property in los angeles, ca?

Asked by Sam, Los Angeles, CA Fri Dec 30, 2011

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Answers

9
Back to the principles 1-to 4 residential 5-and up commercial
Web Reference: http://LoopNet.com
0 votes Thank Flag Link Fri Jan 20, 2012
Trick question. Commercial needs to be zoned commercial. Even a 5 unit property zoned residential is considered multi-family residential...

Daniel Klein
Broker
Over 1 Billion Sold
800-640-8798
0 votes Thank Flag Link Thu Jan 5, 2012
Five(5) or more are considered commercial.
0 votes Thank Flag Link Mon Jan 2, 2012
Can a certified appraiser do a 5+ unit appraisal report?
Flag Sat Mar 1, 2014
Hi Sam,

Hope all is well and getting ready for the year 2012. Happy New year to you. Any property above 5 units is considered to be commercial mutl-unit property. Commercial property could also refer to shopping centers, and other income driven properties.

Wish you all the best,
Tammy Behnam
310-266-1102 Direct
Web Reference: http://www.tammybehnam.com
0 votes Thank Flag Link Sat Dec 31, 2011
5 or more is considered commercial property. Basically, 1-4 is still considered residential property. Also, the loan requirements would be different.

Best of luck,

Lee
Web Reference: http://www.homesbylee.com
0 votes Thank Flag Link Fri Dec 30, 2011
5 or more. I would be happy to assist you. Happy New Year!
0 votes Thank Flag Link Fri Dec 30, 2011
1 to 4 units is considered residential property. Anything above 4 units is commercial property.

Pia Albanese
Prudential Cal. Realty
(310)248-6478 (dir.)
(310)621-1557 (cell)
PiaAlbanese@mns.com
http://www.gotPia.com
0 votes Thank Flag Link Fri Dec 30, 2011
For lenders guidelines you are looking at 5. 4 and fewer and you can likely obtain more conventional financing. If you need help with a specific property, please let me know. I work in the residential and commercial world and have ample contacts to get done whatever it is you are looking to do!

Aaron Belliston
323-839-4623
Web Reference: http://www.bmrla.com
0 votes Thank Flag Link Fri Dec 30, 2011
Hello Sam,

In Los Angeles 2-4 units is considered Residential Income. Anything over 4 units is considered commercial.

Best,

Monique Carrabba
The Carrabba Group
Keller Williams Hollywood Hills
(323) 899-2900
mcarrabba@kw.com
0 votes Thank Flag Link Fri Dec 30, 2011
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