Discounts On Larger Portfolios
25+ years Experience
Studio City is a neighborhood in the city of Los Angeles, primarily within the 91604 zip code area. It was named for a studio lot originally built in 1927, now the CBS Studio Center, and is home to many actors and celebrities. With a median household income of over $75,000, Studio City is an affluent area with a low population density and it offers a wide range of opportunities for those looking to invest in real estate. If you are considering purchasing a rental property in Studio City, Utopia Management is here to help!
We have been managing properties throughout Southern California for more than two decades and possess skilled management teams who specialize in the Studio City area. When you choose Utopia Management, one of these expert teams will be assigned to your property and can assist you in every aspect of property ownership, from getting your property rent-ready, to collecting rent and enforcing rental agreements. The following five services make up our comprehensive management package:
Marketing and Advertising: Our first task is to get the word out about your desirable Studio City property. We will give your property an extensive online presence by listing it on the most popular rental websites, including our own at www.utopiamanagement.com. We will also use more traditional methods, including property signage and referrals, to ensure that your property is advertised on all possible fronts.
Tenant Screening: Obtaining a viable tenant for each of your rental units is a primary concern for Utopia Management. Our rigorous process of tenant screening enables us to weed out most potential problems before a contract is signed. From background and credit checks, to verifying employment and income, we will do everything we can to get the right tenant in your property as quickly as possible.
Managing and Consulting: In addition to handling day-to-day concerns like executing and enforcing rental agreements, collecting rents, and handling repairs, Utopia Management can offer you the benefit of our expertise in the local market. We are highly tuned to the latest Studio City market trends and can help you make vital decisions about your property.
Maintenance and Repair: In addition to operating under a general contractor’s license (#792427), Utopia Management has relationships with many trusted third-party vendors. This enables us to consider the maintenance needs of your property and find the right team, at the best price, to handle each job.
Accounting: Our team of skilled accountants is always working to provide you with current, accurate information about the financial status of your rental property. You can log in to your Utopia web portal from anywhere in the world to view a confidential report on the previous month’s financial activity.
With Utopia Management handling your Studio City rental property, you can relax knowing that your property and your tenants are being cared for by experts. We will handle the less pleasant aspects of property ownership, leaving you to enjoy the benefits. Call us today to find out more about how easy it can be to own rental property.
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 an all inclusive 8% 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.
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.
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.
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.
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.
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.
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.