Studio City Property Management
Studio City is a neighborhood as well as a town located in the southeast corner of Los Angeles’ San Fernando Valley. Studio City’s name comes directly out of the entertainment industry. It’s named after a studio lot (now known as Radford Studio Center) established in 1927 by film producer Mack Sennett. Studio City’s original name was Laurelwood and it used to be part of Rancho Ex-Mission San Fernando which was a Mexican land grant in 1846 by the governor. James Boon Lankershim eventually owned it in the 19th century. Many are familiar today with Lankershim Blvd which runs through Universal City. It’s best known for the CBS Studio Center and the many shows it has produced, from The Mary Tyler Moore Show to Entertainment Tonight, Seinfeld, Malcom in the Middle, and That 70’s Show. The most current demographic information indicates that the population of Studio City is about 40,000. Studio City is bordered by Laurel Canyon, Sherman Oaks, Valley Village, and Universal City.
Residential & Multi-Family Properties in Studio City
The median price for single family homes in Studio City is $1,490, 859 compared to $1.7m in Sherman Oaks. 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 Studio City
- Advertise
- Show property to prospective tenants
- Thorough screening of prospective tenants
- Creating lease agreements
Our Property Management Protocols in Studio City
- 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
Condo Prices in Studio City
The average price for condos in Studio City is about $860,000 with widely varying prices per square foot ($500-$650/sq ft). Compare to Northridge’s condo values of $390,000 – $767,000, $538,000 in Reseda, and $495,000 in Tarzana.
HOA Association Property Management in Studio City
If you need better HOA association management for your condo or apartment building in Studio City, give us a call. HOA Association Property Management in Studio City 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.
