Long Beach, CA: Aquatic Capital of America
With an estimated 466,742 residents, Long Beach is the seventh-most populous city in California. It is located in Los Angeles County. Known as the “Aquatic Capital of America,” Long Beach boasts gorgeous waterfront views and attractions. It is home to the RMS Queen Mary, the Aquarium of the Pacific, and the Lions Lighthouse.
Long Beach is also known for its commitment to arts and culture. Notable facilities include the Long Beach Museum of Art, the Pacific Island Ethnic Art Museum, the Carpenter Performing Arts Center, the Beverly O’Neill Theatre, and the Terrace Theater. Performing arts companies that call Long Beach home include the Long Beach Symphony and the Long Beach Opera.
Additionally, Long Beach hosts several cultural events and festivals throughout the year. This includes the Grand Prix of Long Beach, the Long Beach Pride Festival and Parade, the CSULB Wide Screen Film Festival, the Long Beach Sea Festival, and a number of Christmas parades and celebrations.
Other points of interest in Long Beach include California State University, Long Beach, Knott’s Berry Farm, the Museum of Latin American Art, Rosie’s Dog Beach, Rancho Los Alamitos, and the Earl Burns Miller Japanese Garden.
How Is Long Beach’s Rental Market?
Long Beach has a thriving rental market, perhaps due to expensive real estate in the area. The median listing price for a home in this city is $730,000, with some going for as high as $13 million. As a result, Long Beach has a large renter population. In fact, 60.2% of the city’s residents are renters.
Image via towncharts.com
With a wide pool of renters, Long Beach is an attractive place for property investments. Rental property owners stand to earn a lot of money here, especially with the average rent being $2,333 — about twice as high as the national average. Most of the city’s apartments also command a monthly rent of over $2,000, with only 9% falling between the $1,001 to $1,500 range and 1% falling below $1,000.
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How a Long Beach Property Management Company Can Help
Long Beach is definitely a good place to invest in rental property. Being a landlord, though, comes with plenty of responsibilities. On top of the usual rent collection and maintenance, you also need to make sure everything you do is within the law. Each state — and even locale — has its own set of laws pertaining to landlords and tenants. Failing to familiarize yourself with these laws can get you in trouble.
This is where a Long Beach rental management company can help. For professionals, it is part of their job to remain informed of the different laws that apply to rental properties. This includes statutes concerning rent control, eviction, and entry to a rental property without notice. What else can a property management company do for you?
- Advertise your listing
- Screen and process tenants
- Oversee property showings
- Set and collect rent
- Create a lease agreement
- Perform move-in, move-out, and routine inspections
- Enforce your lease terms
- Manage maintenance and repairs
- Respond to tenant complaints
- Manage your budget
- Help with tax calculations
- File evictions
In Need of Property Management in Long Beach?
If you are looking for a property management company in Long Beach, Rental Choice is the right place to start. Browse our online directory to begin searching for rental management companies in your city or state. Trust that we only list established and reliable companies that offer quality services!