LRS Realty and Management

LRS Realty and Management A full service property management company established in 1988 and specializes in the leasing, managing, and sale of single-family homes, condominiums, and apartments. We serve Los Angeles, Orange, Ventura, Kern, San Bernardino, Riverside, and San Diego Counties.
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Company Description

Being an experienced leader in property management for the past 22 years gives us an edge with market-specific expertise in a complex and evolving real estate landscape.

We recognize each property is unique and customize our services to fit your specific needs.  Our expertise and result-driven analyses result in above-market rents, while controlling variable monthly expenses.

Whether you own a single-family home, a townhome/condo, or apartment complexes, we're confident you will find LRS experienced, focused, and the solution to your investment property needs.

FULL PROPERTY MANAGEMENT

  • Monthly rent collection.
  • Frequent property and tenant interaction, supervision and inspection.
  • Serve any property notice: 3 Day Notice To Pay Rent or Quit, Notice of Change in
  • Terms of Tenancy, Notice to Quit, Notice to Perform Covenant or Quit, etc.
  • Upon the unlikely event of an eviction, we are experts.  We manage the entire process.     
  • 24-hour management of all maintenance and emergency maintenance service provided (actual maintenance work is a separate cost to the Owner).
  • Payment of all property bills (mortgages, property taxes, insurances, vendors etc.).  Deposit your money every month directly into your personal account, if requested. 
  • Provide monthly property financial statements.
  • Financial budgeting and monitoring of monthly expenses.
  • Outside vendor supervision.  Involvement with any potential buyers, bank refinancing, etc.
  • All leasing fees are separate from property management fees.

LEASING SERVICES

  • We have licensed real estate agents of staff to lease your property.
  • We create and implement aggressive marketing and advertising strategies for your property at no charge to you.
  • We show your property (usually on a daily basis) to prospective and qualified tenants.
  • We ensure all credit applications are completely filled out for every adult applicant and compile and copy all relevant personal documentation.
  • We run a credit, background and unlawful detainer (eviction) check at no charge to you.
  • You set the terms. Pets? Lease Length? We fill your needs.
  • We communicate all credit, background and unlawful detainer checks and proposed lease terms with you before any decisions are made, and ultimately The Decision Is Yours!
  • We draft and execute the lease between you and your new tenant.
  • We collect all monies in certified funds prior to giving any individual possession of your property.
  • As the Property Owner, you do not incur any costs until your property is rented!
  • We give you a clear and easy to read accounting statement of all income and expenses.
  • You have immediate staff availability as you go through the process.
  • Most importantly….our goal is always to get well, qualified tenants at above market rental rates, and we do it quickly.

Quick Facts

  • In business under this name: 30 years
  • Company size: 20 to 50 employees (full time)
  • We manage the following property types:
    • Single Home or Condo (valued under $250k)
    • Single Home or Condo ($250 to $500k)
    • Single Home or Condo ($500k to $1 Mil.)
    • Single Home or Condo (Over $1 Mil.)
    • Multi-Family (2-4 units)
    • Multi-Family (5-19 units)
    • Multi-Family (20-99 units)
    • Multi-Family (over 100 units)
    • Office (under 9,999 sqft)
    • Office (10,000 - 125,000 sqft)
    • Office (over 125,000 sqft)
    • Retail (under 9,999 sqft)
    • Retail (10,000 - 125,000 sqft)
    • Retail (over 125,000 sqft)
  • We manage properties in: