Multiunit project in Los Angeles area

Dear Bigger Pocket members,

I have a group of out of the country investors which are very interested to invest in new construction development in Los Angeles, mostly multiunit projects.

I would love to get some experts opinion on the subject.

Acquisition costs, prices to build per sf, average lot (ready to build) and any other useful info.

I am aware that I may not asking all the right questions, but I have to start somewhere.

Thank you !