Advertising is a crucial element of finding success in such a busy city, which is why our marketing team is so in demand. Our clients get to work with specialist marketers who create the content, take the new photographs, and develop listings that are going to get your property spotted. Even in a city like Santa Monica, with such massive rental competition, we can ensure you stand out among the crowded field.

We take care of all elements of advertising and property marketing. This includes a strict focus on honesty, leaving would-be renters with no doubt or uncertainty whatsoever. Not only will this vastly improve the results that we can generate, but it will guarantee increased interest. Interest comes from both people online who see your listing and those who are part of our referral base. Once interest is declared, we handle all communication, including arranging and handling showings with applicants.

Residential property sounds easy to manage, right? You find a tenant, put them in the building, and collect your monthly payment. If only it were that easy. No, residential property management means being able to be there 24/7 so that you can act as soon as a potential problem arises. This is not easy and can often require a lot of time and planning that you might not have available on your schedule.

Do you have time to deal with a midnight call from a tenant who has a broken boiler? Are you able to manage the selection of contractors, the accounting side of your business, and the marketing? There is much to do. Most landlords and investors lack the time or the variety of skills to do this alone. Instead of struggling, why not contact Utopia? We can take on the management, providing 24/7 availability.

Given that Santa Monica is one of the major hubs in America for business headquarters, commercial opportunities are vast. The retail industry is a growing part of Santa Monica’s success, while the manufacturing and logistics sectors are growing. Therefore, any property owner who has invested in commercial or industrial property stands to benefit from the coming boom in interest.

Are you worried that you might mismanage these properties? Let us take over. We bring a dedicated entrepreneurial mindset to every task we cover. This includes dealing with issues such as choosing a vendor, maintaining the property, and keeping a close eye on property care and accounting. We also handle specific areas such as CAM expense reconciliation and, if needed, REO management.

Nothing quite hurts a property portfolio like having the wrong person put into the building. Not only will they be a headache to deal with, but they can also cause problems for other residents—who might even be your tenants. This can lead to complaints, evictions, and, of course, litigation. To avoid having to see hundreds or thousands of dollars wasted in disputes, leave the selection of your tenants to Utopia.

Our track record speaks for itself: our eviction ratio across our tenure is less than one percent. When we do find the right tenant, we do everything we can to incentivize them to stay and move into the property. This takes away one of the most strenuous tasks in property management. On top of that, we handle the screening process, meaning all information provided during the application is verified beforehand.

The money that you can earn from your Santa Monica property is nice, with average rents of over $3,500 per month being some of the highest in the area. However, accounting for that money is a far less enjoyable task. At Utopia, we tackle this on your behalf, so you do not have to get involved in the financial side of things. Instead of spending hours with spreadsheets open and a calculator out, leave it to our team!

We have a dedicated accountancy team that handles all of our client’s financial management needs. This includes delivering all details and figures to our clients in the form of monthly and annual statements. Need a hand collecting rent or dealing with invoices for contractors? We can also do all of that on your behalf. We take on every task so that you are less involved on a daily basis, which is what you want.

Without maintaining properties in Santa Monica, they will soon fall down the rental ladder. And with good reason—Santa Monica boasts comfortably some of the most beautiful properties in the state. Therefore, they should be looked after. Finding contractors who can do the work alone is not easy, though, and you definitely do not want to turn up with a hammer and measuring tape yourself!

Rest easy, though – we can take on the property maintenance for you. This means either using our various in-house maintenance contractors or, if needed, hiring a specialist in the local area. This means that we find people who are a perfect fit for your property and put them to work. They do the job to a high standard, and we make sure that all work is fully insured and guaranteed. All work, then, stands the test of time and is sure to keep your tenants happy with their choice of property for years to come.

Leases seem simple on the surface, but they are anything but. Sadly, many investors stick to generic lease agreements they find online. Not only are these usually flimsy from a legal standpoint, but they tend to be a poor choice in terms of accuracy. These also might need to be closely updated because they are no longer up-to-date and in line with Santa Monica’s property laws. Avoiding this is key.

Luckily, we can handle the lease writing process for you. We also handle the delivery of the lease and, if a tenant fails to respect the lease, enforcement of its rules. This limits your liability, but you also need to be willing to penalize a tenant if they fail to adhere to the agreed-upon rules. Save yourself the time and stress of having to argue with tenants by leaving the lease agreement process to our experienced team.