We've entrusted our Beverly Hills Condo with the team at Power Property for the last four years and have appreciated their timely responses and attention to the details in addressing any issue that may arise.
Owner
PROPERTY MANAGEMENT FEES IN LOS ANGELES A COMPLETE GUIDE
If you're researching property management in Los Angeles, cost is likely one of your first questions — and rightly so. The right management company should more than pay for itself through higher rents, lower vacancy, and avoided legal headaches. Here's a complete, honest breakdown of what property management fees look like in the Los Angeles market, what you get for each fee, and what questions to ask before you sign.
Property management fees frequently asked questions
In Los Angeles, full-service residential property management typically costs between 6% and 10% of monthly collected rent. At Power Property Management, our monthly management fee ranges from 6% to 8% of collected rent, covering rent collection, tenant communication, maintenance coordination, financial reporting, and full regulatory compliance. A leasing fee of 50%-100% of one month's rent applies when a new tenant is placed.
At Power Property Management, the monthly fee covers: rent collection and delinquency management, tenant communication, maintenance coordination, 24/7 emergency maintenance, financial reporting, 24/7 owner portal access via Appfolio, Los Angeles RSO compliance monitoring, LAHD inspection coordination, and regular property condition updates.
A leasing fee is a one-time charge when a new tenant is placed. In Los Angeles, leasing fees typically range from 50% to 100% of one month's rent. This covers the full marketing campaign, tenant showings, application processing, background and credit screening, and lease execution.
For most Los Angeles property owners, yes. A professional manager who reduces vacancy from the 30-day industry average to 13 days saves roughly half a month's rent per year per unit. Factor in avoided fair housing violations, rent control compliance penalties, and the value of your own time -- and the management fee typically pays for itself multiple times over.
Some companies charge setup fees, inspection fees, lease renewal fees, maintenance markups, and termination penalties. At Power Property Management, we disclose every fee in writing before you sign. We do not mark up maintenance invoices and do not charge hidden administrative fees.
Percentage-based management (6%-10% of collected rent) gives the manager a direct incentive to maximize your rent and minimize vacancy. Flat-fee models may look cheaper but offer less incentive to prioritize your property. For Los Angeles properties with high rents and significant compliance complexity, most experienced investors prefer a percentage-based manager with transparent service.
Contract terms vary by company. Some require 12-month commitments with early termination fees; others offer month-to-month flexibility. At Power Property Management, we structure agreements that provide reasonable terms for both parties. Contact us to discuss the specific terms for your property.
The rent is set with owner approval, but a good property manager provides a detailed market analysis recommending the optimal rent. At Power Property Management, we present a rent recommendation supported by market data before every new listing and every lease renewal.
LA rent control (RSO) and AB 1482 affect the allowable rent increases you can charge, not the management fee itself. A qualified LA property management company handles RSO registration, tracks allowable annual increase percentages, serves compliant notices, and manages all LAHD filings on your behalf -- all included in the monthly service fee.
Ask about: their average vacancy period; experience with LA rent control and LAHD compliance; how they handle maintenance; financial reporting and owner portal access; complete fee structure including all charges; and contract cancellation terms. At Power Property Management, we welcome every one of these questions. Call (310) 593-3955 to schedule a free consultation.
TESTIMONIALS
MEG THOMPSON
I would highly recommend Mr. Khammar and his company for any personal property management. I have worked with Thomas for over 5 years. I have had two major incidents occur (flood and fire) and Thomas responded immediately telling me he would take care of everything. And that he did. He answers my questions in a timely manner, is very personable and is honest and reliable…
A. HOLDINGS
PPM exceeded my expectations by handling every aspect of this project. Not only did they handle the everyday management of the building but they also managed the extensive redevelopment including tenant relocation, unit remodels and obtaining competitive bids for all Capital Improvement projects to stay on budget. In addition, we were thoroughly impressed with Power’s aggressive marketing which resulted in a quick lease up of the remodeled units at higher rents. There were so many moving pieces to this project and they went above and beyond
MICHAEL
As a small business owner, I have had the pleasure of being hired by Power Property Management to work on their properties. Power Property, Miguel and his team have been great to work with. They’re professional, respond quickly to any questions I may have at the job site, and most important of all, they pay my invoices in a very timely manner. Kudos to the PPM team, and I look forward to a continued working relationship with them.
KRISTOFER ROBERTS
I referred Power Property Management a Large Investor client that owns many buildings in Los Angeles and needed help in many areas. One, 55 unit building was in REAP and PPM was able to clear ALL violations within 30 days with LAHD inspector and in time for the hearing resulting in removing the building out of the REAP program. Another troubled 44 unit building had an occupancy rate of 81% and delinquency rate of 16%. Within 60 days PPM brought the occupancy rate up to 95% and the delinquency rate down to 4.5% and stabilized the building. PPM really came through for my client
MELISSA MACFADYEN
As a real estate broker myself, I have known Thomas Khammar (Principal) for over 7 years, both as a realtor and property manager. I have referred apartment buildings and their owners to Thomas for property management services without hesitation. Thomas not only gains the respect and business of the property owner, he maintains the relationship between himself and the referring party. I have had NO complaints from the property owners and I’m happy knowing I have a trusted referral source for property management.
MEG THOMPSON
I would highly recommend Mr. Khammar and his company for any personal property management. I have worked with Thomas for over 5 years. I have had two major incidents occur (flood and fire) and Thomas responded immediately telling me he would take care of everything. And that he did. He answers my questions in a timely manner, is very personable and is honest and reliable…
A. HOLDINGS
PPM exceeded my expectations by handling every aspect of this project. Not only did they handle the everyday management of the building but they also managed the extensive redevelopment including tenant relocation, unit remodels and obtaining competitive bids for all Capital Improvement projects to stay on budget. In addition, we were thoroughly impressed with Power’s aggressive marketing which resulted in a quick lease up of the remodeled units at higher rents. There were so many moving pieces to this project and they went above and beyond