Serving All of Glendale
As the fourth largest city in California, Glendale is perhaps one of the most culturally diverse, too. Situated in the eastern portion of the San Fernando Valley, it is a suburb of the Greater LA area. The Verdugo Mountains run through this city, and with numerous parks and a vibrant shopping district in the Glendale Galleria area, it is one of the best locations for owning real estate. The median home value here is $688,000, as of 2015, making it one of the higher valued areas in the state. Nevertheless, owning rental property here can be quite lucrative. Let Utopia Property Management help you with that process.
For property owners in Glendale, Utopia Property Management offers comprehensive and tailored support. Our team works with you to capitalize on the market and the abundant properties that are priced on the higher end of the rental market. With over 20 years of experience in the Glendale and Los Angeles area, we are confident that we can help you to maximize your rental. Our basic services include:
Advertising and marketing: Marketing your property in the best manner possible is critical. We use sophisticated and local methods to get the attention of the largest number of prospective renters in the region. We use only the most effective and top performing websites while also using local advertising and marketing methods. Our goal is to have a contract in your hands within 30 days.
Tenant screening: Not just any tenant will do – and as a result we offer an extensive screening process. This includes identification verification, background checks, credit checks, and income and employment verification of your prospective renter. The goal is to help you to uncover any risks with the tenant so you can avoid high turnover rates and potential losses.
Management and consulting: To attract potential prospects in the 92579 zip code, you’ll need to focus on the presentation of your property. Our management services can help you to transition a property from owner-occupied to a rental with ease. And,we can also help you to determine the best possible pricing for the market on any given day. In addition, our property managers are an outstanding resource for any needs you may have in the Glendale area.
Maintenance: In Glendale, a key component to attracting quality tenants is ensuring that the property is effectively maintained. To address this, we have an in-house repair and maintenance team ready and available. We have a general contractor’s license (Lic. #792427) to ensure quality work. You can discuss your specific needs with our team at any time.
Accounting: All of these services are important, but so is managing the financial aspects of your business. Our team will send you a detailed packet of information about your Glendale property on a monthly basis – fully outlining your key revenue and expense items. This is available through an easy to use web portal, keeping all details in hand – from anywhere!
At Utopia Property Management, we will work closely with you to position your Glendale single family home, condo, commercial property, or other building for success. Contact our team today to discuss your specific needs in Glendale.
Property Management Office Serving Glendale, CA
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
Notable businesses located in Glendale include the US headquarters of the International House of Pancakes, United Bank, and formerly Baskin Robbins and Nestle.
Glendale’s Grand Central Business Center became the overflow location for the Walt Disney Company’s animation studios beginning in the 1960s as they outgrew their original location in Burbank. Disney’s Imagineering, Grand Central Creative Campus, Consumer Products, Interactive, the Muppets Studio, and animation studio for Marvel are all located in Glendale.
DreamWorks Animation also calls Glendale home, and is one of the city’s largest employers.
The creative centers and studios in Glendale have led to the city being home to more designers, artists, and people working in media than 90% of the rest of the United States. The city is also home to more people who work in computers and math than 95% of the rest of the country.
The majority of Glendale residents are in professional, sales, office, and management jobs, with nearly 86% of the population in white-collar positions.
Glendale has a large number of residents in their early careers. Young, single, educated, and upwardly-mobile individuals from all over the world have relocated to Glendale for the employment opportunities and culture of the area. Over 53% of Glendale’s population was born outside the United States.
The historic preservation program in Glendale began programs in 1977 to designate 28 properties as landmarks for the city. The Glendale Register of Historic Resources was established in 1997, and today has over 100 properties listed, 11 of which are also included in the National Register of Historic Places.
There are over 50 public parks in Glendale, featuring trails through waterfalls and gorgeous landcape views.
Glendale is a city of renters, with over 66% of residents in rental properties.
Glendale’s median home value is approximately $858,000. Values have increased 1.4% over the past year, and are expected to increase 3.8% over the coming year. The most expensive neighborhoods are Brockmont, Oakmont, and Greenbriar, all of which have median home values over $1.2 million. The median rental property is $3,200, which is higher than the Los Angeles-Long Beach-Anaheim Metro median of $2,950.
Located at the junction of the San Fernando and San Gabriel valleys, the city of Glendale is a suburb of Los Angeles. Glendale is the 4th-largest city in Los Angeles, and 22nd-largest in California, with an estimated 202,000 residents in 42 neighborhoods.
Glendale Residents Guide: https://www.glendaleca.gov/residents
10 Reasons You Want Your Business in Glendale: https://www.glendaleca.gov/government/departments/glendale-economic-development-corporation-/top-10-reasons-you-want-your-business-in-glendale
15 Best Things to do in Glendale: https://www.tripadvisor.com/Attractions-g32431-Activities-Glendale_California.html