Providing residential property management since 2014

117 Total Doors Under Management

19 SFR / 10 Multi-Family Properties

12 Owner Clients

$11,317 = 2023 Average Monthly Revenue

ASKING $200,000

All properties are located in Los Angeles County, Long Beach CA area. Long Beach is not rent controlled.

Most units are SB 721 compliant or in process of being compliant.

Less than 1% ongoing vacancies

Property owner clients have individual deposit accounts with F&M Bank. Broker is authorized as sole payee. Individual owners hold their tenant security deposits. Broker issues check to vacating tenant to release security deposits held.

Owner of business currently utilizes another DRE broker's license at a $500/MO fee. It could be possible current managing broker of record will remain.

https://l-kproperties.com/

Yardi Breeze software

Five years’ of P&Ls are available post-NDA

Owner is retiring from the industry permanently

All information and documentation is provided by Seller. Listing broker has not audited information provided. Buyer is advised to conduct thorough due diligence acceptance prior to Release of Contingencies under Asset Purchase Agreement.