Torrance Property Management

Torrance Property Management

Do you own an investment property in Torrance, CA? Are you looking for a competent and results-oriented property management company to manage it? If you answered ‘yes’, look no further than Penmar Management. 
Penmar Management is a full-service property management company that can help alleviate all your property management worries. 

For 40 years, we have helped countless property owners in the Greater Bay area of Los Angeles realize their investment goals. 
Our goal is to help property owners achieve peace of mind through provision of quality rental management services. 

If you own an investment property in any of these areas, please don’t hesitate to call us. You can reach us at (310)326-3424. Our team of passionate and experienced property managers will be more than happy to answer any questions you might have. 

Why Hire Penmar Property Management for Your Property Management Needs

Our rental management services are high-quality, technologically advanced, and cost-effective. They are meant to simplify and streamline how property management is run.

Here are 5 services we will take care of: 

1. Rental Property Marketing

Are you struggling to fill your vacant rental property? If you are, worry no more. Penmar Management can help! We can help you fill your vacant rental properties in record time, thereby minimizing your losses. 

When dealing with a vacant rental property, the first thing we do is craft a winning rental ad that is targeted and detailed. 
Next, we will begin using a variety of marketing methods to let prospective tenants know about the vacant property. The following are some of the marketing ideas we will employ. 
  • Online newspaper ads: Most newspapers have moved to an online version and still offer listings for a range of things, like rental vacancies and homes for sale. 
  • Free online listings: We will also list your vacant rental property on top rental listing sites like Trulia, Zillow, Realtor, and HotPads. 
  • Signs: “For Rent” signs are effective when it comes to capturing local traffic. 
  • Word of mouth: This is also an effective form of advertising that can help spread word about your vacant rental property.
For-Sale-Torrance-Property
By employing these strategies, we are usually able to find a desirable tenant in a matter of weeks. 

2. Tenant Screening

At Penmar Management, we don’t just rent to any tenant that we come across. We only rent to high quality tenants that meet our criteria. The following are some of the questions that help us in this regard. 
  • Have you ever broken a rental agreement?
  • Have you ever been evicted?
  • Have you ever been convicted of a relevant crime?
  • What is your monthly income?
  • How many people will occupy the unit?
  • Why are you moving?
  • How long have you lived in your current home?
  • Do you have pets?
  • What date would you want to move in?
How the prospective tenant answers these questions will help us know whether or not they will be a good fit for our rental properties. 
Our goal is to get a tenant that will pay rent without failure, take good care of the property, notify us of maintenance issues, and renew their leases multiple times. 

3. Rent Collection

Penmar Management can also help you with rent collection. We understand that rent collection is not always easy. Sometimes, it can be rather stressful, especially when dealing with problem tenants. 

At Penmar Management, our goal is to ensure that our clients get paid on time, every time. 

Some of the strategies we employ to ensure tenants pay on time include:
• Providing easy and convenient payment methods.
• Making the lease or rental agreement as detailed as possible. 
• Charging a late fee. This helps motivate them to pay their rent on time. 
• Offering incentives for paying on time. 
• Choosing tenants carefully. 
Rent is the lifeblood of any rental business. By hiring us, we will make sure that you get paid consistently without failure. 

4. Property Repairs & Maintenance

Ensuring your property is in tiptop shape at all times is key to running a successful rental investment. This is essentially because a well-maintained rental property helps attract prospective tenants.

Providing a well-maintained property is also a requirement under the California landlord-tenant laws. 

Helping us to maintain client properties is a team of qualified and competent contractors. These are professionals that we have selected for their high-quality workmanship and superior turn around times. 
Torrance-Property-Repairs

5. Financial Reporting

Penmar Management also believes in keeping clients involved in day-to-day running of their properties, especially on matters regarding financial issues. 

Besides providing regular financial updates, we will also make sure that you receive the reports as conveniently as possible. All you will have to do is log into your tenant portal to view them. 

About Torrance, CA

Torrance is a coastal U.S. city in the South Bay region of Los Angeles County. It is located about 20 miles south of LA and 15 miles northwest of Long Beach. 
According to the most recent population estimates, Torrance is estimated to have a population of about 146,758 people. 
The racial makeup of the city is 12.8% Hispanic or Latino, 2.2% Black, 28.6% Asian, and 59.2% White. 

While in Torrance, there are many fun and interesting things to do. 

You can:
  • Shop at Del Amo Fashion Center
  • Enjoy the beautiful views over the hills of Palos Verde at the Miramar Park
  • Enjoy nature and the outdoors at the Madrona Marsh Preserve
  • Visit the Toyota USA Automobile Museum, if you are a car enthusiast

Areas We Serve

Apart from Torrance, we also service the areas of Holy Trinity, Hollywood Rivera, Harbor Gateway, Harbor Pines, Lomita Pines, Malaga Cove, Rancho Dominguez, Holly Park, South Los Angeles, Long Beach, Hawthorne, and Inglewood. 

Others include Lomita, Gardena, Palos Verdes, Wilmington, Hermosa Beach, Manhattan Beach, South Gate, Lawndale, Downey, San Pedro, Redondo Beach, South Bay, and Harbor City. 
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