Property Management in Los Angeles

[Chisom O.]

Hello BP Community!

I own a recently renovated duplex in the DTLA/Westlake area and I have been searching for a local property management company with experience in lower-income, multi-unit zoned neighborhoods. I self-managed for a year but am now unable to due to circumstances. I am looking for a service that markets, leases and fills vacancies but also ensure that unit is well mainted. They would also need to deal with tenant requests. I have searched high and low for services (Doorstead, Craigslist) but it seems no one is offering that level of service, or if they do I don't trust they can deliver considering my specific needs (experience with potential section 8 type community) in an increasingly gentrifying part of town. Does anyone have any suggestions for the LA area or ways they went about securing a property manager that offers full white-glove service? 

Thanks for the help. 

[Shiva Bhaskar]

Originally posted by @Chisom O.:

Hello BP Community!

I own a recently renovated duplex in the DTLA/Westlake area and I have been searching for a local property management company with experience in lower-income, multi-unit zoned neighborhoods. I self-managed for a year but am now unable to due to circumstances. I am looking for a service that markets, leases and fills vacancies but also ensure that unit is well mainted. They would also need to deal with tenant requests. I have searched high and low for services (Doorstead, Craigslist) but it seems no one is offering that level of service, or if they do I don't trust they can deliver considering my specific needs (experience with potential section 8 type community) in an increasingly gentrifying part of town. Does anyone have any suggestions for the LA area or ways they went about securing a property manager that offers full white-glove service? 

Thanks for the help. 

Hi Chisom, I'm a local multifamily investor. Our properties are both duplexes and triplexes, and with our group, larger properties like 7 to 10 units. We manage in house, but don't do so for other investors. I do have a few ideas for you though:

1. Go on Zillow and elsewhere, and see who sold similar properties in the area. Contact them and ask if they know someone who is a good property manager. They probably have clients who had similar needs, and so might be able to advice.

2. I know of a company that I think is pretty good, and does northeast and east LA. They own many units themselves. I'm not sure if they'll be interested in a duplex (I think all of their stuff if 5+ units) but you can ask them.

3. Be aware that the smaller the property, the higher the fees, especially for the sort of service you're looking for. Just something to keep in mind.