Property Management Case Studies — Los Angeles & Southern California
Building trust and confidence, one property at a time. See how we've turned around underperforming properties across Southern California.
When I first bought the property, the previous management company was always requiring additional funds over and above the income and expenses to pay the mortgage and property taxes. When Wright Properties took over, after a month, they were able to pay the mortgage and all expenses. I wish I had found them 2 years earlier.
From receivership stabilizations to full property rehabs, these case studies show the same track record behind every Wright Properties client relationship — across residential, multi-family, and commercial properties throughout Los Angeles County, the San Gabriel Valley, and greater Southern California.
La Verne Landing
A 12-unit property brought under management and stabilized, with rents brought up to market and full occupancy restored.
3828 E Grand Ave
When a tenant moves out of your property, we recommend taking that time to not just slap on a fresh coat of paint and call it a day. Take advantage and upgrade dated and worn out areas of the home like kitchens and bathrooms with new tile and granite, which can be done at a reasonable price — increasing value for tenants and rents for owners — and fixing any foreseeable problems to decrease deferred "emergency" repairs. Take care of your properties and they'll take care of you in the long term.
This rehab included a new kitchen layout with new cabinets and granite counters; a new tub, tile surround, and vanity in the bathroom; relocating the washer hookup out of the kitchen to a new covered exterior laundry area; ceramic tile flooring throughout; new dual-pane windows; exterior painting; and a copper re-pipe.
Hick's Walnut Grove
Sometimes the best investment is right under your nose. Your own property may very well give you the best return. Instead of only looking to sell and trade up, consider investing that additional capital in what you already have. Rent per unit went from $900 to $1,650 per month, delivering a 15% annual cash-on-cash return — increasing total cash flow by $6,000 per month while expenses stayed the same.
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1452 White Ave
Our clients needed our assistance every step of the way — from acquisition to build to rent.
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