Serving All of Ventura
Utopia Management offers comprehensive property management services, including leasing, marketing, and full-service administration for income-producing rentals. Our managers are trusted by investors with portfolios of all sizes to facilitate the successful daily management needs of their real estate investments. From property marketing to tenant screening, we offer a range of customizable techniques to ensure growth for our clients.
A licensed local rental manager with current market knowledge of the Ventura County market will manage your property. leads Utopia Management a leading property management company in Ventura due to our Experience, professionalism, and the use of the latest technology and methodology. We provide the most comprehensive service packages at extremely competitive rates. You can rest assured that your property and tenants are in good hands with Utopia.
Our Local Office
Attract More Potential Renters
We place compelling and attractive listings for our clients on a number of the most widely used rental property search websites, including utopiamanagement.com. In order to extend the range of visibility to the highest number of qualified renters, we also use property signage and the Utopia Referral Base. Showings are offered 7-days a week by appointment and can be scheduled online at your potential tenants’ convenience. Many renters begin their search with Utopia Management because we are a known and trusted management company with a proven track record. Our expert teams across California manage properties locally. We keep our finger on the pulse of the market to make sure our properties are occupied quickly at the most optimal rental rates.
Open houses when applicable and showings seven days a week by appointment.
Thorough and up-to-date market analyses to ensure rental rates align with current trends.
Apartment Management for Communities of Any Size
Utopia Management’s expert handling of any issues or needs for your property can help to eliminate unwanted liabilities, improve tenant satisfaction, and increase profitability. Our licensed and local professionals are well-versed in caring for properties of all sizes, from several hundred apartment units to a single duplex. Comprehensive marketing, tenant screening, and detailed accounting services keep our clients’ investments headache-free while maintaining and improving returns.
Web portal provided for owners and tenants, accessible 24-hours.
Continuous marketing and promotion of your property.
Professional and experienced staff local to your property’s area.
Prompt and professional communication with tenants.
Knowledgeable Commercial Property Management
Utopia Management’s team of commercial property staff has the tools and knowledge required to handle property-related issues of any kind. Our methods and techniques for daily management of retail, office, mixed use, and industrial spaces have been refined over a number of years. With Utopia Management, you receive tailored solutions at a very competitive rate based on the size and complexity of your property. Our management services cover any aspect of renting and managing the building, including maintenance and repairs, lease administration, online rent collection, evictions, inspections, and marketing.
Extremely competitive management fee depending on size and complexity.
Monthly Financial Accounting Statements
CAM & Operating Expense Reconciliation
Customized Asset Management Strategies
Vendor Management & Contract Administration
REO Management and Disposition
Homes & Condos: Residential Management
Throughout Ventura county, we service a diverse range of single family homes with complete rental property management. Our goal is to offer the most effective full-service solution for the diverse and often changing needs of gainful rental property. Our services include marketing properties with high visibility, collecting tenant rental payments with online payment options, and timely responses to maintenance or repair needs of any kind. There are never any hidden fees or charges for leasing or set-up with Utopia Management. We provide full transparency in all financial matters for your account with detailed accounting statements.
Tenant Screening and Placement
Selecting the right tenant helps to eliminate surprise expenses resulting from tenants who do not take proper care of your property, as well as significantly lowering delinquency and eviction rates. At Utopia Management, our screening methods include verification of license and social security cards as well as pay stubs for all applicants. We check employment and income, industry-specific credit reports, run searches for previous evictions, and contact previous landlords for renter referrals. By selecting the most qualified tenants, we have upheld a very low eviction rate of less than 1%. Property owners and landlords across California trust our proven techniques for tenant placement, along with our optional “Utopia Eviction Protection Program,” to protect their investment from unnecessary 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.
Economical Rental Property Maintenance Services
Utopia Management’s history in the marketplace has led to many opportunities to work with local contractors of all types, and we have developed a list of preferred vendors across the area. Our established business relationship with a number of providers often grants our clients rates lower than average. We also employ a number of in-house technicians (though general contractor’s license #792427) who are able to complete routine maintenance as well as complicated jobs it may otherwise be difficult to source providers for. From move-in and move-out inspections to 24-hour emergency call response, our services are tailored to the needs of your individual properties.
- Maintenance & Rent Ready Repairs
- Technicians on Staff or Preferred Vendors
- 24 Hour Emergency Maintenance
- Move-in and Move-out Inspections
- Licensed and Insured Vendors
Full-Service Financial Tracking
The accounting team at Utopia Management oversees all income and expenses for your rentals. We provide tenants with online and drop-off payment options for monthly rent and security deposits, and send detailed monthly reports to owners. Financial statements include all financial transactions and receipts for bills and invoices cared for on your behalf. At the end of each year, an annual statement is sent with yearly figures, making tax filing more accurate and easy. Our helpful and knowledgeable accounting staff is only a phone call away to assist with any question or concerns on your account.
- 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
What is the wealthiest city in Ventura?
According to the U.S. Census Bureau, Moorpark is the wealthiest city in Ventura County.
What is the average home price in Ventura County?
The median price of a home in Ventura County is around $805,000. Real estate in the area has seen a 15% increase year-over-year.
What cities are in Ventura County?
Ventura County is a county in Southern California comprising twenty-one cities, including Simi Valley, Ventura, Camarillo, Thousand Oaks, Santa Paula, Fillmore, and Moorpark.
What are the rent increase laws in Ventura County?
In Ventura County, rent increase limits are adjusted in August each year. Currently, rent increases cannot exceed 10% in total. Tenants also must be given 30 days notice for any rent adjustments.
Percentage of Renters
Median Rent (2019)
The average vacancy rate in Ventura is 2.47%.
Median homes in Ventura are valued at $598,700.
Ventura’s official name is City of San Buenaventura. Development began with the Mission San Buenaventura in 1782, and eventually grew enough to be incorporated in 1866.
Ventura is a medium-sized community on the shores of the Pacific Ocean. Northwest of Los Angeles and south of Santa Barbara, the city is central to many employment opportunities. With a lively downtown area and ample outdoor and water sport amenities available, the area is a favorite among locals.
The average rent for apartments in Ventura increased approximately 3% from October 2018 to October 2019.
There are approximately 12,200 renter-occupied households in Ventura.
The city of Ventura is often considered one of the best places to live in Ventura County. Niche rates it #6 overall for the county, with great schools, nightlife, and diversity. 24/7 Wall Street also ranks Ventura County as the sixth richest place in America.
Ventura was founded in 1782 and named after the Italian Saint Bonaventure; the city is known as Ventura, but its actual name is San Benaventura. The city’s nickname means “city of good fortune.” Formally incorporated in 1866, the full-service municipality now serves 109,000 residents within 32 square miles.
Early influences of the Chumash, Spaniards, Europeans, Chinese, and other voyagers created a diverse art, architectural, and cultural heritage that remains today.
Ventura’s impressive outdoor amenities include 32 parks and historic sites, more than 800 acres of open green space, and a state-of-the-art aquatic center. Residents enjoy a variety of options for hikes, biking, kayaking, and more.
Over 12,000 businesses call Ventura home, and employ over 53,000 people. Ventura is the region leader in the healthcare and public administration sectors, and was one of the first to sponsor a business incubator program to foster startups.
Ventura was the first place in the world to produce lima beans outside of Peru, where they are native. In 1920, a baker in Ventura first sold “wheat-less” flours made from local soy and lima beans. The breads and pastries made with this flour were the first “gluten-free” health foods sold.
The Chanel Islands National Park is considered ‘The Galapagos of the North,’ an environmental treasure that is made up of five islands: Santa Cruz, San Miguel, Santa Barbara, Anacapa, and Santa Rosa. The islands can be accessed through daily excursions launched from Ventura Harbor. The park is open year-round thanks to Ventura’s pleasant local climate, and offers nearly endless activities. Each island is home to its own unique scenery and experience for outdoor and nature enthusiasts of all types. Area conservation and rehabilitation can mean temporary island closures; closures and hours can be found through the National Park Service https://www.nps.gov/chis/index.htm
Ventura is home to a thriving community of local artists and art-lovers. In addition to the galleries and museums, the city also holds a yearly ArtWalk that is a favorite among locals.
25 facts about the real estate market of Ventura California:
1. Median Home Value in Ventura, CA: $718,000 (Zillow)
2. Median Rent in Ventura, CA: $2,310/month (Zillow)
3. Ventura Home Prices: 22.8% increase over the past five years (Zillow)
4. Ventura Median Household Income: $80,294 (City–Data)
5. Ventura Homeownership Rate: 67.2% (City–Data)
6. Ventura Median Age: 37.7 (City–Data)
7. Ventura Average Commute Time: 25.9 minutes (US Census)
8. Ventura’s Top Employers: Amgen, Ventura County Medical Center, Haas Automation, California Lutheran University (DATAUSA)
9. Ventura Average Single Family Home Home Price: $819,007 (CENTURY21)
10. Ventura Average Condo Price: $460,870 (CENTURY21)
11. Average Price per Square Foot in Ventura, CA: $457 (Realtor.com)
12. Number of Real Estate Agents in Ventura: 172 (Redfin)
13. Average List Price to Sell Price Ratio: 92.8% (Redfin)
14. Ventura County Average List Price: $820,254 (Redfin)
15. Ventura County Average Sale Price: $749,246 (Redfin)
16. Ventura County Market Hotness Index: 4.0 (Redfin)
17. Ventura County Average Days on Market: 33 (Redfin)
18. Ventura County Average Home Price Per Square Foot: $385 (Redfin)
19. Number of For–Sale Homes in Ventura County: 2,436 (Realist)
20. Number of Recently Sold Homes in Ventura County: 2,148 (Realist)
21. Average Price of Homes Listings in Ventura County: $922,742 (Realist)
22. Average Price of Recently Sold Homes in Ventura County: $844,523 (Realist)
23. Average Size of Homes in Ventura County: 2,621 sq. ft. (Realist)
24. Total Number of Homes in Ventura County: 239,374 (US Census)
25. Number of Vacant Homes in Ventura County: 11,079 (US Census)
A blend of fantastic climate, friendly locals, and gorgeous views make the coastal community of Ventura one of America’s most desirable places to live.
Ventura Visitor’s Guide: https://visitventuraca.com/
Ventura Chamber of Commerce, Visit & Explore Ventura: http://venturachamber.com/about-ventura/ventura-a-great-place-to-live/
Ventura Business Guide: https://www.ventura.org/business-services/start-a-business/