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Hollywood Property Management

The Hollywood sign in Hollywood California

 

Hollywood is considered to be a neighborhood as well as a town located in the central region of Los Angeles County. It’s best known for its film studios: Columbia Pictures, Walt Disney Studios, Paramount Pictures, Warner Bros., and Universal Pictures. It’s perhaps most well known for the Oscars and its red carpet at the intersection of Hollywood and Highland. The most current demographic information indicates that the population is just at about 61,000. The median age is rather young (36 years of age).

Hollywood was named by Daeida Wilcox, who was part of the deal to develop it. She had learned of the name Hollywood from a friend who owned a property named Hollywood in Illinois. Wilcox went on to say that “I chose the name Hollywood simply because it sounds nice and because I’m superstitious and holly brings good luck.”

 

Residential & Multi-Family Properties in Hollywood

The median price for single family homes in Hollywood is $1.7m. By comparison, the median price for single family homes in Northridge is $949,000, $814,000 in Reseda, $2.1 million in Tarzana and $1.24 million in Woodland Hills.

If you are considering purchasing a single-family or multi-family home as an investment, Belwood Properties should be on your preferred list of Residential Property Management Companies. Belwood has a 20 year+ track record of exceptional property management service for residential, HOA, and commercial properties.

 

Our Leasing Protocol in Hollywood

  • Advertise
  • Show property to prospective tenants
  • Thorough screening of prospective tenants
  • Creating lease agreements

Our Property Management Protocols in Hollywood

  • Tenant relations
  • Maintenance and emergencies (all requests are scheduled and overseen by commercial team)
  • Property checks for preventative maintenance (once every 2 weeks)
  • Rent collection
  • Oversite of all vacancies and preparation
  • Updated market reports

Accounting

  • Bank reconciliations
  • Payment of property taxes, insurance, mortgage, utilities, maintenance, etc.
  • Financial and owner reports
  • Bookkeeping
  • Budget preparation
  • Calculation or property expenses and explanation of property expenses
  • Collection and processing of asset receipts

 

Condos

The price for condos and townhomes in Hollywood is just under $1m at $947,500, according to RedFin. Northridge, by contrast ranges from $390,000 – $767,000. Reseda’s median price for condos and townhomes is $538,000 compared to $495,000 in Tarzana.

 

HOA Association Property Management in Hollywood

If you need better HOA association management for your condo or apartment building in Hollywood, give us a call. HOA Association Property Management in Hollywood requires the management of dues collection, property maintenance, CC&R enforcement, financials, and much more. Belwood Properties is a HOA property management company known for its exceptional communication with property managers.

 

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