Property Management
in San Luis Obispo, CA

Top 13 Property Management Companies

Companies who earn the iPropertyManagement seal of approval have demonstrated a high standard of excellence for both owners and tenants in the field of property management.

California

License #: ?

Rutledge Company

#1 best rated of 13 San Luis Obispo, CA property management companies

No Reviews Found Show all

Based on 1 Reviews Show all

805-543-6819
1103 Toro St, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Serving California’s Central Coast since 1985.
  • Specializes in commercial property management including office spaces, retail developments, industrial parks and medical centers.

License #: 00577121

Haven Properties

#2 best rated of 13 San Luis Obispo, CA property management companies

No Reviews Found Show all

Based on 2 Reviews Show all

805-544-9161
441 Marsh St, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in residential, commercial and vacation rentals.
  • Offers a rate analysis to assist owners in determining a monthly rent amount.
  • Preventative and corrective building maintenance is performed by a preferred list of outside vendors.
  • Negotiates contracts with outside vendors.
  • Utilizes AppFolio property management software.

License #: 01066545

Shari Bone Property Management

#3 best rated of 13 San Luis Obispo, CA property management companies

Based on 5+ Reviews Show all

No Reviews Found

805-544-2013
265 South St, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in rental property and HOA management.

License #: 01929703

Castle Keepers Properties

#4 best rated of 13 San Luis Obispo, CA property management companies

Based on 5+ Reviews Show all

No Reviews Found

805-543-9138
1110 California Blvd # C, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
1-10 employees BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Specializes in single-family homes, apartments and condominiums in San Luis Obispo and Avila Bay Estates.
  • Offers 24/7 emergency maintenance services.

License #: 00874459

Hometown Property Management

#5 best rated of 13 San Luis Obispo, CA property management companies

Based on 5+ Reviews Show all

No Reviews Found

805-423-6540
599 Higuera St, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
? BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Offers tenant placement or full-service property management services.
  • Management fees are equal to 8% of gross monthly rent for one property, 7% of gross monthly rents for two or three properties and 6% of gross monthly rents for four or more properties.
  • Tenant placement fees are equal to 50% of the first month’s rent for placement-only services and 30% of the first month’s rent for full-service management.
  • Tenant placement fee includes advertising costs, tenant screening and preparing properties to rent.
  • Additional fees may apply for on-site management services, property sales, refinancing, remodels, legal proceedings, debt collection or association meeting attendance.
  • A $200 reserve account is maintained to cover potential expenses such as utilities, minor repairs or landscaping.
  • Uses outside vendors to provide preventative, corrective and emergency maintenance, with no mark-ups assessed to the owner.
  • Performs annual property inspections.
  • Offers a standard one-year lease, unless a six-month agreement is approved by the property owner.
  • Monthly and year-end owners’ statements are accessible via an online portal.
  • Utilizes AppFolio property management software.

License #: 00754454

Farrell Smyth, Inc

#6 best rated of 13 San Luis Obispo, CA property management companies

Based on 5+ Reviews Show all

No Reviews Found

805-543-2636
21 Santa Rosa St #250, San Luis Obispo, CA 93405
Areas Served San Luis Obispo
11-50 employees BBB: A+
Since 1979
Residential
Commercial
Hoa
  • Employs a complete in-house maintenance staff.
  • Member of the National Association of Residential Property Management.
  • Offers “While You’re Away” services to care for your vacation home or your primary residence during an extended time off property.
  • “While You’re Away” services include indoor, outdoor and garage inspections; departure services and homecoming services.
  • “While You’re Away” services are customizable and can include email updates regarding inspections and the ability to schedule your selected services in advance.

License #: 00528841

California-West Inc

#7 best rated of 13 San Luis Obispo, CA property management companies

Based on 5+ Reviews Show all

No Reviews Found

805-543-9119
1380 Broad St, San Luis Obispo, CA 93401
Areas Served San Luis Obispo, Arroyo Grande, CA
11-50 employees BBB: N/A
Since 1974
Residential
Commercial
Hoa
  • The San Luis Obispo office provides property management services in these specific communities: San Luis Obispo, Morro Bay, Los Osos, Santa Margarita, Cayucos, Paso Robles, Atascadero and Avila Beach.
  • Provides an after-hours emergency maintenance hotline.

License #: 01370663

REG Property Management, Inc

#8 best rated of 13 San Luis Obispo, CA property management companies

Based on 5+ Reviews Show all

No Reviews Found

805-541-6664
3421 Empresa Dr, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
1-10 employees BBB: N/A
Since 1985
Residential
Commercial
Hoa
  • Offers full-service residential property management and a tenant placement program.
  • Their tenant placement program includes tenant screening, lease administration, security deposit collection and first month’s rent collection.
  • Their full-service property management program includes marketing, property showing, tenant screening, lease administration, security deposit collection, rent collection, monthly financial statements, direct deposit fund disbursement, property inspections, maintenance and a 24-hour emergency hotline.
  • Their HOA management services include dues collection, monthly financial statements, account maintenance, monthly expense payment, late fee assessment, meeting notices, association meeting attendance, budget preparation and maintenance coordination.

License #: 01238537

San Luis Property Management

#9 best rated of 13 San Luis Obispo, CA property management companies

Based on 5+ Reviews Show all

Based on 21 Reviews Show all

805-541-1822
2241 Broad St, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
1-10 employees BBB: N/A
Since 1983
Residential
Commercial
Hoa
  • Their Tenant Placement Package includes marketing, tenant screening, lease signing, security deposit collection and first month’s rent collection at a cost of 50% of one month’s rent with a minimum charge of $1,000.
  • Their Standard Package fee is 5.9% of monthly rent and includes tenant screening, lease signing, move-in/move-out coordination, rent collection, accounting services, maintenance and a 24/7 emergency hotline.
  • Their Plus Package fee is 7.9% of monthly rent and includes all services in the Standard Package plus marketing; free annual smoke and CO detector inspections; mortgage, insurance and HOA payments; and property photographs.
  • Their Premium Package fee is 9.9% of monthly rent and includes all services in the Standard and Plus Package plus an interior property evaluation with recommendations for improvement, a “No Eviction Guarantee” and a waived tenant placement fee.
  • Offers a “Risk-Free Guarantee,” stating that if a client is not satisfied with the services they receive within the first 90 days, San Luis Property Management will return any fees and terminate the contract.
  • Utilizes AppFolio property management software and an online owner’s portal.

License #: 0057052

R H Porter Co

#10 best rated of 13 San Luis Obispo, CA property management companies

Based on 3 Reviews Show all

No Reviews Found

805-543-5408
846 Higuera St # 8, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
1-10 employees BBB: N/A
Since ?
Residential
Commercial
Hoa
  • Provides property management services specifically in San Luis Obispo and Arroyo Grande.

License #: ?

AuzCo Developments

No Reviews Found Show all

No Reviews Found

805-706-2915
835 Aerovista Ln #230, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
? BBB: N/A
Since 2011
Residential
Commercial
Hoa
  • Specializes in office spaces and multi-family buildings.

License #: 1078984

J.B. Enterprises

No Reviews Found Show all

No Reviews Found

805-545-9800
444 Higuera Street, Suite 200, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
? BBB: N/A
Since 1990
Residential
Commercial
Hoa
  • Serving California’s Central Coast since 1990.
  • Coordinates property maintenance services.

License #: ?

SLO Property Management

No Reviews Found Show all

No Reviews Found

805-784-0946
3480 South Higuera Street, Suite 110, San Luis Obispo, CA 93401
Areas Served San Luis Obispo
1-10 employees BBB: N/A
Since 2015
Residential
Commercial
Hoa
  • Fee for services ranges from 7% to 10% of gross monthly rent, with no set-up costs.
  • Placement-only fee is equal to $750 or 50% of first month’s rent, whichever is greater.
  • Their tenant screening process includes credit reports, reference checks and rental history.
  • Markets available properties on their website, Craigslist and on a printed publication available at their office.
  • Offers mortgage and HOA fee payment out of monthly rent.
  • Offers direct deposit of revenue checks.
  • Provides monthly financial statements, year-end financial statements and 1099’s.
  • Maintenance services are provided by a network of outside vendors including plumbers, electricians, window washers, carpet cleaners, housekeepers, gardeners, painters and other maintenance professionals.

San Luis Obispo vs Nearby Cities

San Luis Obispo is located less than 40 miles north of Santa Maria on the California coastline, but the city features much higher real estate prices. While the median listing price tends to stay around $400,000 in Santa Maria, it’s common to see the median listing price in San Luis Obispo jump over $650,000. There are many surrounding cities that command even higher prices. For instance, the median listing price in Templeton can go as high as $850,000. In Morro Bay, it’s common to see the median listing price around $700,000. Buyers can easily pay an average of $400 or more per square foot in these cities.

San Luis Obispo Property Managers

When a property owner is unavailable or unable to properly manage a rental property, they hire a property manager. The manager reports back to the owner and is responsible for maintaining the property and keeping rental units occupied. This includes overseeing repairs and collecting rent from tenants.

San Luis Obispo Property Management Company Fees

Property managers typically charge around 10 percent of the monthly rental rate for each unit managed. The exact percentage will vary, depending on the services provided and any special needs of the property. It’s important for property owners to know what services are included in the management fee because additional services come with added fees.

California Landlord/Tenant Laws

  • California landlords cannot charge more than twice the monthly rental rate when demanding a security deposit.
  • Once a tenant turns in the keys and vacates a rental unit, they should receive their security deposit refund within 21 days.
  • If a landlord decides to deduct from a renter’s security deposit, they must provide notice in advance.