Serving All of Beverly Hills
Beverly Hills is one of the most affluent and well-known cities in Los Angeles County. From Beverly Hillbillies to Beverly Hills, 90210, it has been featured in a variety of television shows and movies. In addition to the many actors and celebrities who call it home, another noted feature of this glamorous California city is Rodeo Drive, a luxury-goods shopping district that also represents a popular destination point for tourists. Rental properties in Beverly Hills tend to be upscale and pricey. If you are investing in your future with the purchase of one of these commercial or residential properties, you might wonder how you can best protect that investment.
Utopia Property Management, Southern California’s premier property management company, has the expertise and experience to help you get the most out of your rental property. From finding tenants to suggesting improvements that can enhance your property, we will be there every step of the way. The following is a brief outline of our extensive services:
Marketing and Advertising: With over two decades of experience, Utopia Property Management can put together a marketing strategy that will utilize a powerful online presence, as well as property signage and a referral base, to make sure that the word gets out whenever your Beverly Hills property has a vacancy.
Tenant Screening: Finding a tenant is good, but finding the right tenant, who can be relied on to pay a timely rent and adhere to the terms of their contract, is the real goal. That is why we begin with a comprehensive background and credit check and then also run employment, income, and identity verifications for every applicant.
Management and Consulting: Not only will Utopia Property Management take over the daily tasks of managing a rental property, such as collecting rents and serving legal notices, but our industry experts will also be on hand to answer any questions you might have about your Beverly Hills rental property.
Maintenance and Repairs: Even the nicest properties occasionally need maintenance and repairs. That is why Utopia Property Management maintains a preferred list of vendors, many of whom we have longstanding business relationships with, to help maintain your property. We also have a general contractor’s license (Lic. #792427), which allows us to do some repairs in-house, when it is simpler or more cost-effective to do so.
Accounting: Our skilled accounting team is also on hand to manage the money aspect of your rental property and to make sure that you have access to current financial information when you need it. Just login through your Utopia web portal to see a statement of the previous month with all revenues and expenses itemized.
Your Beverly Hills rental property is in good hands when you choose Utopia Property Management. We will manage the day-to-day aspects of owning a rental property, be available to offer expert advice, and take care of your property as if it were our own. Give us a call today and let us tell you what we know about the Beverly Hills housing market.
ATTRACT TENANTS WITH PROPERTY MARKETING
Finding excellent tenants starts with making sure your property is visible and attractive. We install professional signage, create quality listings, describing your property thoroughly, and take beautiful photographs that showcase your properties highlights. We then list your property on all of the highly trafficked rental websites, including utopiamanagement.com. Our dominant position in the marketing place and years managing rental properties has allowed us to develop a sizable referral database. This positive reputation for being fair and responsive means many potential renters check with us first to find their rental home. We are able to consistently rent properties priced at current rates to qualified tenants. Our responsive property managers complete the marketing optimization by being available and knowledgeable, with phones and emails always answered swiftly.
- Advertising on most popular rental websites
- Quality listings including photos and video
- Showings 7 days a week by appointment
- Utopia referral base increases visibility beyond competition
Apartment Management Services
Owning an apartment complex brings a unique set of challenges. Utopia has spent years developing skills and systems to make your investment as profitable as possible. We manage apartment communities of all sizes, providing quality management services to suit the diverse needs of each apartment community. We provide comprehensive rental management, including scheduled property maintenance and rent-ready repairs, online rent collection, marketing and attracting quality tenants, lease execution, rent setting, and tenant retention programs. Our responsive managers help tenants feel welcomed and appreciated. Our experience leads to decreased vacancy rates and increased ROI. And our expertise and professionalism translates to profitable and headache-free investments for our clients. For an affordable quote and to discuss your needs, contact Utopia today.
- Online rent collection and direct deposit
- Extensive experience across a wide spectrum of multi-family properties
- High visibility marketing and promotion of your property
- Tenant retention strategies
- Responsive communication with calls and emails answered swiftly
- 24-7 emergency response
- Full monthly accounting and financial tracking via online portal
Commercial Property Management
When it comes to commercial property investments, Utopia’s property managers are professional and think like entrepreneurs. Investors have trusted Utopia for years for all types of commercial property: medical buildings, industrial and office complexes, mixed use, and retail storefronts. We offer extremely competitive management fees, customized to the size and complexity of your property and portfolio.
- Comprehensive Management Services: building maintenance, marketing to target audience, lease administration, inspections, evictions and collections
- Monthly Financial Accounting Statements
- Tenant Retention Programs
- Vendor Management
- Contract Administration
- REO Management and Disposition
- CAM & Operating Expense Reconciliation
- Customized Asset Management Strategies
HOMES & CONDOS: RESIDENTIAL RENTAL MANAGEMENT
Utopia represents a large network of single family homes of all sizes and values. Our residential professional management services both attract and keep tenants happy while keeping owners expenses and vacancy rates down. Our goal is to free you from the day-to-day management tasks, from showing properties to collecting rent in our online portal, while maximizing your ROI.
With 25 years experience, you can rest assured your property is in good hands. Our years in the industry mean we’ve seen it all, and developed smart systems to screen tenants, manage expenses, communicate with tenants, and maintain properties efficiently. We understand local law and legal aspects of rental management so we shield our owners from unnecessary liabilities.
For residential properties, we offer a competitive management fee, which is one of the lowest in the industry. Unlike some competitors, we do not add on hidden charges or leasing or set-up fees.
THOROUGH TENANT SCREENING AND LESS THAN 1% EVICTION RATE
Placing the right tenant is the single most important step in rental management. Our applicant screening includes income, rental history, employment, and eviction search to evaluate for potential delinquency issues. We verify identification, social security cards and pay stubs, along with contacting prior landlords for recommendations, keeping the delinquency rate to a minimum. Our thorough screening process for potential tenants has consistently kept our eviction rate at less than one percent.
Utopia also provides our owners with the optional “Utopia® Eviction Protection Program” for further peace of mind. As a management company, we have many procedures in place to assist in the elimination of potential liabilities.
- Exceptional property protection options for owners.
- Preparation, delivery, and execution of legal documentation for evictions.
- Optional “Utopia Eviction Protection Program” for additional peace of mind.
Quality Maintenance & Repairs
Maintaining your rental property, as well as being available to deal with emergency repairs, can be a source of frustration for landlords. At Utopia, we have a staff of in-house technicians available for most work, under general contractors license (#792427), meaning we can complete work as quickly as possible and pass the savings on to our clients. When necessary, we also have a network of trusted vendors for specialized work, some of which we have been using for over fifteen years. This relationship translates to purchasing power to help Utopia’s clients get a better than market price.
- Maintenance & Rent Ready Repairs
- Technicians on Staff or Preferred Vendors
- 24 Hour Emergency Maintenance
- Move-in and Move-out Inspections
- Licensed and Insured Vendors
All Financials Tracked & Reported
Managing both expenses and income is all handled by our accounting department with use of your owner web portal. Tenants appreciate the ability to pay rent online, which also decreases delinquency. All expenses and receipts are tracked online and available to you at any time. A monthly statement includes all financial activity and copies of the bills we paid on your behalf. Your December statement has all of your annual figures for tax purposes. If you ever have questions regarding your statement, you can contact one of our helpful accounting staff members.
- Custom Web Portal
- Accounting staff make financial management easy
- Rent and security deposit collection online
- Bills and year end figures available any time
Frequently Asked Questions
Where is Beverly Hills situated?
The American state of California's Los Angeles County is home to the city of Beverly Hills. Situated directly southwest of the Hollywood Hills, this noteworthy and historically significant suburb of Los Angeles is roughly 12.2 miles northwest of the city's center. The city of Los Angeles completely encloses both Beverly Hills and the nearby community of West Hollywood. Beverly Hills shares boundaries with the Bel-Air area and the Santa Monica Mountains on the northwest, West Hollywood, the Carthay district, the Fairfax District, and the Los Angeles community on the east, and the Beverlywood neighborhood on the south.
What are the areas in Beverly Hills?
Beverly Hills is separated into several important zones, the bulk of which are called "The Flats" and are located in a level area south of Sunset Boulevard. The Golden Triangle, or downtown Beverly Hills, is a thriving center for dining and shopping. High-end stores and fine dining may be found on streets like Beverly Drive and Rodeo Drive. Saks Fifth Avenue and Neiman Marcus can be found on Wilshire Boulevard, while South Beverly Drive—particularly the stretch that runs south of Wilshire Boulevard—is a bustling area for dining and shopping. There are more apartments and smaller urban lots in the homes south of Wilshire Boulevard. The neighboring Beverly Hills Post Office region, which is in the 90210 ZIP code but is beyond the municipal borders, is a part of Los Angeles. Beverly Hills is one of the affluent "Three Bs" on the Los Angeles Westside, along with Bel-Air and Brentwood.
What is the average weather in Beverly Hills?
Beverly Hills has long, chilly, rainy winters and pleasant, dry summers. Throughout the year, the normal temperature fluctuates between 48°F and 81°F. The average daily maximum temperature throughout the warm season, which runs from July to October, is above 78°F, with August being the hottest month. The average daily maximum temperature during the chilly season, which runs from November to March, is less than 68°F, with December being the coldest month. The temperature ranges from 49°F to 66°F during this time.
What are the notable landmarks in Beverly Hills?
A posh enclave in Beverly Hills, Trousdale Estates encompasses 410 acres that were primarily constructed under Paul Trousdale's supervision in the 1950s and early 1960s. Trousdale aggressively pursued the land's integration into Beverly Hills after purchasing it from The Doheny Family. Among Trousdale Estates' noteworthy landmarks is the Greystone Mansion, which is listed on the National Register of Historic Places. Exquisite houses that often fetch a price tag of over $10 million dominate the residential landscape. This wealthy neighborhood is known for being a famous and esteemed place because it is home to several noteworthy locations, such as Beverly Hills High School, Beverly Hills City Hall, and the Beverly Hills Public Library.
What are the educational options in Beverly Hills?
The school system in Beverly Hills is managed by the Beverly Hills Unified School District, which includes the two kindergarten-through-fifth-grade schools, Hawthorne and Horace Mann, a middle school called Beverly Vista, and the well-known Beverly Hills High School. In addition, the district is home to Moreno High School, a non-traditional institution that shares a campus with Beverly Hills High School. Apart from the public schools, there are several private schools in Beverly Hills, including Harkham Hillel Hebrew Academy and the PreK–8 Good Shepherd School, which are both part of the Roman Catholic Archdiocese of Los Angeles. The city's rich and extensive learning environment is enhanced by these varied educational opportunities.
Los Angeles County is the most populous county in the US, with more than 10 million residents (as of 2018). The City of Los Angeles, which began in 1781 with 44 original settlers, is currently the second most populous city and metropolitan area in the US.
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