Serving All of Torrance
Torrance is a city of over 140,000 residents and is located in the South Bay region of Los Angeles County. Despite its large size, Torrance prides itself on having a hometown feel and low crime rates. With over 90,000 street trees, 30 city parks, and 1.5 miles of sandy beaches, it is a picturesque California city situated primarily in 90501-90505 zip code areas. With the average high temperature falling between 65 and 77 degrees year-round, Torrance is an ideal place to live and work during any season. If you own property in beautiful Torrance, Utopia Management can offer you the support of Southern California’s premier property management company.
We have over two decades of experience in helping clients enjoy the benefits of their real estate investments, without any of the day-to-day hassles. Your Utopia Management team will handle all of the mundane tasks of property management, while helping you to make your Torrance rental property a success. The following five services make up our comprehensive suite of management services:
Marketing and Advertising: To advertise your rental vacancies, we will start by listing your property on all of the most popular property websites – building an extensive online presence. Then we will utilize property signage and the Utopia referral base to ensure that your property gets the exposure it deserves.
Tenant Screening: Our thorough tenant screening process weeds out most potential problems before a contract is signed. In addition to the expected background and credit checks, we also verify candidates’ employment and income status and even contact previous landlords to make sure that we find you a great tenant.
Management and Consulting: We are happy to take the burden of daily management tasks, like collecting rent and enforcing rental agreements, off your hands. You can also count on the property specialists at Utopia Management to advise you on making important decisions about your property, such as assessing competitive rents and deciding on how to improve your property to raise its value.
Maintenance and Repairs: No matter how new or well-kept a property may be, it will need periodic maintenance and emergency repair work from time to time. That is why at Utopia Management we have relationships with trustworthy local vendors. We also maintain our own general contractor’s license (#792427). This enables us to decide whether each job would be best handled by a third-party contractor or our own skilled maintenance technicians.
Accounting: To ensure that you stay up-to-date on the financial performance of your rental property investment, our skilled team of accountants will provide you with accurate and detailed monthly statements. You can log in to your Utopia web portal at any time to view a confidential report of the previous month’s revenues and expenses.
Let Utopia Management help make your Torrance rental property a successful business venture. Whether you are a seasoned property owner, or a newcomer to the world of real estate investment, we will be there every step of the way to make your job easier and your profits larger. Call us today to find out exactly how we can help.
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 Torrance situated?
Southwest Los Angeles County, California in the United States is home to the coastal city of Torrance, which is part of the Los Angeles metropolitan region. The city is located inside the metropolitan area's so-called South Bay region. There is 1.5 miles of Pacific Ocean beach in Torrance.
What is the average weather in Torrance?
With a hint of semi-arid weather, Torrance has a mild summer Mediterranean climate. Because to the city's seaside position, summers are warm and muggy and precipitation mostly falls between November and March. Microclimatic changes in the Los Angeles area can cause temperature differences between coastal and inland places of up to 18 °F (10 °C), with an inland gradient of more than 1 °F every mile (0.3 °C/km). In addition, throughout late spring and early summer, the area is subject to the "June Gloom" or "May Gray" phenomena, which is marked by morning coastal overcast or fog that clears by midday.
What are the recreational opportunities in Torrance?
Torrance's thirty public parks provide a range of recreational options. These include Wilson Park, a 44-acre complex that houses the Torrance Farmers Market in addition to sporting facilities like a gymnasium, skatepark, and roller hockey rink. A unique wetlands habitat may be found in Madrona Marsh Wildlife Preserve & Nature Center in Southern California, and Columbia Park offers jogging trails, sports facilities, picnic spots, and the well-known cherry blossom tree grove. Furthermore, both locals and tourists can enjoy stunning coastal experiences at Torrance Beach Park, the nearby "RAT Beach" on the Pacific Coast, and The Strand, the Marvin Braude Bike Trail that meanders along the ocean's edge.
What are the educational options in Torrance?
The Torrance Unified School District, which has five high schools, including the storied Torrance High School, eight middle schools, and seventeen elementary schools, is mostly responsible for serving Torrance's educational needs. Bishop Montgomery High School, Nativity Catholic School, St. James Catholic School, Ascension Lutheran School, and First Lutheran School are among the private alternatives. Higher education needs are met by El Camino College, which is located outside of the city. Asahi Gakuen also offers Japanese language instruction.
What are the transportation options in Torrance?
There are various transportation alternatives available to Torrance. The closest large commercial airports are Long Beach Airport and Los Angeles International Airport, while Zamperini Field serves general aviation aircraft locally. Numerous freeways, such as I-110, I-405, SR 91, SR 107, and SR 1, connect the city well. Torrance Transit, LACMTA Metro bus, and LADOT services offer public transportation. Union Pacific lines are part of the rail network, and LA Metro intends to extend the C Line to Torrance by 2030 or sooner, in spite of some opposition from local leaders who are worried about possible problems. Freight services are offered by Union Pacific and BNSF.
Long Beach California is an urban utopia, running along the Pacific coast it covers about 50 square miles with a little over a square mile of waterfront. The beach stretches over seven miles down the west coast, which is where the name Long Beach came into fruition.