Discounts On Larger Portfolios
25+ years Experience
At Utopia Management, our strength lies in our experience. Our staff of licensed professionals has administered rental property management services including leasing, marketing, maintenance, and accounting for property owners since 1994. With staff throughout California and the West Coast, properties are represented by a rental manager local to the area providing direct insight to the East Bay rental market. From Rockridge to Oakland to Berkeley, the range and scope of our services combined with our staff’s local expertise gives our clients the most practical and cost-effective solution for managing their properties. No matter the portfolio’s size or complexity, Utopia Management has the experience and skill needed to keep your real estate investment profitable.
Utopia Management helps to create and maintain the financial success of a wide range of single family residences in the East Bay area. Our responsive property managers seamlessly handle every detail, including rent collection, maintenance, leases, marketing, tenant screening, and evictions. Our clients range from owners of a single rental house to investors with a portfolio, in all sizes, values, and neighborhoods. We handle the daily operations of your rental at an extremely competitive 8%, freeing you from the day-to-day tasks at a cost-effective rate. This rate is transparent, with no leasing or setup fees like other property management companies.
Competitive 8% rate, one of the lowest in the area
No hidden leasing or setup fees
Market leader in East Bay and surrounding areas
Utopia Management provides painless and profitable rental management for any sized apartment community. No matter the diverse or unique needs your property, our responsive apartment team provides only first-rate strategies developed through years of building management. Thorough tenant screening, online payment collection, marketing incentives, rent-ready repairs and maintenance, and tenant retention programs all work together to ensure satisfaction from both building owner and tenants.
We employ a number of effective procedures to safeguard your investment, including streamlined management techniques, advanced technology and software, and tenant retention strategies.
Utopia Management houses a commercial department well versed in the unique needs of commercial property investments, including office, mixed use, retail, medical, industrial complexes. Our staff is skilled in the prompt and effective resolution of any property-related issues that may arise, with entrepreneurial management style. We provide customized strategies at an extremely affordable rate, based on the size and complexity of your needs.
Monthly Financial Accounting Statements
Customized Asset Management Strategies
CAM & Operating Expense Reconciliation
REO Management and Disposition
Full Management including marketing, inspections, rent collection, maintenance.
Lease and contract administration
Utopia Management understands that property exposure leads to better tenants and higher rents. When you sign with us, you gain exposure through our vast referral base; our popularity with renters in the area leads them to come to us first when beginning their rental search. Our attractive property signage and listings on the most popular rental sites (including utopiamanagement.com) expand the reach and visibility of your property. A strong position in the market and the effective use of cutting-edge marketing strategies drives our ability to consistently fill vacancies with minimal downtime and at the most advantageous market rate. This coupled with responsive customer service, phone support, showing availability translate to vacancies filling faster.
Showings 7 days a week by appointment.
Online appointment scheduling.
Your property listed on the most-trafficked websites.
Placing an appropriate tenant is the most important step in securing the success of a rental property. Utopia Management’s thorough process provides full insight on an applicant’s eligibility rental history. With all documentation verified and prior landlords contacted for references, our properties maintain a very low delinquency and eviction rate (typically less than 1%). Our methods and approach help to eliminate potential liabilities for our clients. Our screening process includes verification of identification, Social Security cards, employment and income, rental history, credit reporting, and prior eviction search.
Our online portal gives your tenants the ability to submit detailed maintenance requests in a timely fashion, while still at their convenience. For emergency requests, our 24-hour line is also available.
Utopia Management’s experience and reach throughout California means that our staff has working knowledge of the area’s contracting professionals and can ensure any work needed for your property is completed by the best providers, at the best price. We leverage our relationships for the fastest service times and lowest rates. We also hold a general contractor’s license (#792427) and can complete repairs internally when appropriate, giving our clients more options than a smaller agency. Maintenance requests and status updated are also provided online and/or through email notification for both landlord and tenant.
We deliver full-service accounting for your managed properties, including deposit, rent, and fee collection, as well as settling any applicable invoices or bills on your behalf. Access to your detailed financial records, monthly statements, and yearly tax documentation is available 24-hours through a personal web portal. Our accounting department is also available by phone or email to answer any questions you may have regarding your properties or statements.
Confidential and comprehensive financial reporting for all aspects of your rental.
Rent collection, including online payment options, and direct-deposit of proceeds.
Median Rent (2019)
East Bay’s vacancy rate is approximately 3.18%.
The median price of a home in the East Bay area is $996,000.
East Bay is a subsection of the collective whole of the San Francisco Bay Area, located east across the bay from San Francisco.
Its largest city is Oakland, includes Alameda and Contra Costa counties, and other cities Fremont, and Berkeley. It’s a densely populated area, known as a more affordable and laid back place to live, with walkable neighborhoods and a diverse, progressive culture.
A survey conducted by UCLA’s Anderson School of Management and the Allen Matkes law firm recently polled financial backers and developers of multi-family and commercial development.
The survey, released in August 2019, reported that at least half of the respondents have slowed development on multi-family properties, stating they have no plans to begin development in East Bay over the next year. With projections of a slow increase in available multi-family properties, demand for available units will likely increase and therefore raise average rental rates.
Proximity to the technology industry in San Francisco and entertainment in Los Angeles helps make East Bay a constantly in-demand market.
A recent report from Forbes notes that with the median home in the area exceeding $1 million, a growing majority of people in the area have resorted to renting.