Morro Bay Property Management

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Morro Bay Property Management Company

Serving All of Morro Bay

The Morro Bay area is one that many people love calling home. And for good reason, we know the area well and we have to agree that it is one of the better ones out there. With a friendly feel to it, those who are looking to move are always considering this as an area to move into. However, those who are looking to move right now are looking to rent. Many people would rather rent so that they are not tied down for too long at one place. For those who own property here, they will find that they have a unique opportunity to make a great financial decision.

Let Us Help

We can help those who are considering turning their property into a rental home. We have experience as we have been a full-service property management firm for years and we have the experience that it takes to get your home rented and rented to the right person.

How We Work

When we take on a home in the Morro Bay area that is looking to be turned into a rental property, we do several things. We first make any suggestions as to what you could do in order to make this home more renter friendly, if there is anything to do. We then start to advertise this home on the market in hopes of drawing a huge crowd.

From those who apply, we use tenant screening services in order to ensure that the person chosen is going to pay their rent on time and be a perfect tenant. From there, we handle the day to day issues that may arise with the rental home. This means collecting rent each month, handling any complaints or repairs that need to be made. Our goal is to make it where we do all the work and you reap the benefits.

Property Management Office Serving Morro Bay, CA

  • Property Management Company
  • Rental Management
  • Property Investment Company
  • Property Maintenance
  • Real Estate Consultants
  • Apartment Rental Agency
  • Commercial Real Estate Agency
  • Industrial Real Estate Agency
Marketing Logos


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  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


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.


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 Morro Bay located?

California's San Luis Obispo County is home to the beachside community of Morro Bay. It can be found in California's Central Coast region. Morro Bay, a natural embayment with a year-round small vessel commercial and recreational marina, is visible from the town. 20 kilometers northwest of San Luis Obispo, on Highway 1, is the city of Morro Bay. Into Morro Bay, Los Osos Creek empties.

What is the weather like in Morro Bay?

A mild warm-summer Mediterranean climate (Köppen Csb) with dry, warm summers and wet, mild winters prevails in Morro Bay. This climate is typical of coastal California. The city's proximity to the Pacific Ocean helps to regulate temperatures and offers a generally comfortable, mild year-round climate, with warmer winters and milder summers than those farther inland, such as Atascadero. The average temperature in July in Morro Bay is about 60 °F, which is cool for a city at the 35th parallel north latitude. The winters are mild, with temperatures in January averaging 55 °F and 8 days or less of considerable precipitation.

How is the economy in Morro Bay?

Tourism and a robust commercial fishing are what make Morro Bay so prosperous. Restaurants, stores, and parks along the waterfront of the Embarcadero attract tourists. North of Morro Rock is where you'll find the city's busiest beach. Morro Bay State Park and Morro Strand State Beach are also close. Previously, the power plant, which has been in operation since the 1950s, provided electricity to the area. It was shut down in 2014, nevertheless, because to shifting energy dynamics. With a 650 MW offshore wind farm and the removal of the power plant's smoke stacks, Morro Bay is currently focusing on better energy sources. A 600 MW lithium-ion battery installation will serve as another example of the city's commitment to sustainability.

How is the cost of living in Morro Bay?

A single adult must spend $46,187 annually to maintain a standard of living in Morro Bay, California, which is in line with the state average. Given the median property value of $582,400 and the higher-than-average 41.50% rental rate, housing is a big influence. Additionally, as most commuters drive to work, transportation expenditures are a little higher than the national average. The average annual cost of health care is $4,402, which is comparatively high. Compared to the average in California, child care costs for two kids are a little lower. A single adult spends approximately $3,805 on food each year, which is typical for the state. The average annual tax burden for adults in Morro Bay is $8,183, which is comparable to the state average.

Elly Johnson stands at the forefront of content research and online branding at Utopia Management. As the Content Marketing Manager, she delves deep into understanding local real estate and rental markets, fueled by her passion for travel and keen research skills. Elly is dedicated to empowering individuals with the knowledge they need to make informed decisions about where to reside. A proud alumna of the University of South Florida, located in the vibrant heart of Tampa Bay, she holds a Bachelor of Arts in Psychology. Her academic background and extensive travel experiences uniquely position her to provide insights that resonate with diverse audiences.

San Luis Obispo stands approximately 230 ft above sea level in the heart of California. Far from the hustle and bustle of California cities, at about 225 miles south of San Francisco and 200 miles north of Los Angeles, residents of this city Known locally as SLOCAL, this town is relaxed, refined, and recommended for retirement.


San Luis Obispo (SLO) City


Starting a Business in SLO


San Luis Obispo travel website

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