Corona
Del Mar
Property Management
Owning an investment property in Corona Del Mar requires a management approach as refined as the neighborhood itself. Whether you own a luxury condo on the Flower Streets or an estate on Spyglass Hill, standard management isn’t enough to protect these high-value coastal assets. Good Life Property Management delivers white-glove service, specializing in preserving custom finishes against the marine environment and strictly screening for high-net-worth tenants. Let us handle the details so your CdM investment remains a pristine, passive asset.
Our Corona del Mar Property Management Services
- Advertisement
- 3D Tour
- Market research
- Quality photography
- Tenant screening
- Rent collection
- Direct deposits
- Lease management
- 24/7 maintenance
- Eviction coverage
- Monthly statements
- Property inspections
Overview
About Corona del Mar
A small neighborhood nestled above the cliffs of the Pacific Ocean, Corona del Mar is a hamlet in Newport Beach. With a population of just over 11,000, Corona del Mar—or the “Crown of the Sea”—is one of the best neighborhoods to live in Newport Beach. The stunning vintage cottages are nestled between new houses, giving the neighborhood its unique charm. The low crime rates and the excellent public schools make Corona del Mar a sought-after location for families.
Corona del Mar is an outdoor oasis, especially for those who love the water. With beaches and parks spread across the small neighborhood, Corona del Mar offers many opportunities to get outside and active. You can head to Corona del Mar State Beach for a swim, surf, or dive, or go to Crystal Cove State Park to snorkel. Little Corona del Mar Beach is a great place to explore the colorful creatures living in the tidepools. For more information on Corona del Mar, visit the official Corona del Mar city website.
Why owning rental property in Corona del Mar is a good investment
Corona del Mar is an upscale beach community that has a small-town feel and lots for locals to do. With a high quality of life, low crime rates, and approximately 40% of residents renting, there is a high demand for rentals in the Corona del Mar area.
Corona del Mar offers quality education to its residents with top-rated schools like Early College High School, Newport Coast Elementary School, and Corona del Mar High School. Additionally, the area has a bustling town center with shopping, restaurants, cafes, and more.
Corona del Mar’s natural beauty and ideal location help to bolster the already robust real estate market. From the beautiful beaches and upscale boutiques, it’s clear why Corona del Mar is one of Orange County’s most sought-after communities.
How much does Corona del Mar property management cost?
Every Corona del Mar property manager has their own unique fee structure, which can vary significantly from other Corona del Mar property management companies. At Good Life Property Management, we offer house, condo, and 2–4 unit property management for an 8% monthly management fee, with a reduced rate of 7% for properties renting over $6,000 per month. For multi-family properties (5–15 units), we offer a 6% monthly management fee. In addition to the monthly management fee, we charge a leasing fee equal to 25% of one month’s rent, a $150 annual inspection fee, and a $195 lease renewal fee.
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Megan Swartzentruber
DRE #02246430
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Home Prices
in Corona del Mar
If secret coves, broad beaches, and small-town vibes are up your alley, Corona del Mar is where you can find your desirable slice of coastal life. Popular with locals and visitors alike, this beach town is a top-tier destination for those looking for surf, sand, and the great outdoors. Corona del Mar also has an amazing shopping scene with a mix of high-end boutiques and unique shops offering everything from beachwear to home decor to locally-made jewelry. Corona del Mar is a popular place to rent because of its low crime rate, booming job market, and luxury lifestyle.
Pros of Investing in Corona del Mar
Corona del Mar has a strong job market thanks to nearby Newport Beach, which is home to several major companies, including Pacific Life Insurance, PIMCO, and the Irvine Company. Additionally, the University of California Irvine is located just a few miles from Corona del Mar. The university attracts students and faculty from across the globe. The combination of a prime coastal location, booming economy, and top-rated schools makes Corona del Mar an ideal location to live and work.
Cons of Investing in Corona del Mar
Like most coastal towns in Orange County, Corona del Mar can be expensive to buy a rental property. The high real estate prices can impact your investment entry point and may be a limiting factor. Corona del Mar is a wonderful place to live, which is exactly what makes the housing market extremely competitive.
Home Prices in Corona del Mar
$2,400,000
The median price of a single-family home in Corona del Mar
Rental Rates in Corona del Mar
$9,840/month
The average rent for a 3-bedroom apartment in Corona del Mar.
$5,434/month
The average rent for a 2-bedroom apartment in Corona del Mar.
$3,182/month
The average rent for one bedroom in Corona del Mar.
Are you debating whether to rent or sell your property?
Good Life Promise
Real protection. Real Value. Real peace of mind.
Tenant Damage Coverage
We cover up to $3,500 in total reimbursement for physical damage, above the security deposit, caused by the tenant or their approved pet.
Eviction Protection
If a tenant we place needs to be evicted for any reason, not just nonpayment - we’ll cover up to $3,000 in court and legal fees, including attorney costs.
Releasing Support
If your tenant breaks their lease or is evicted within the first year, we’ll waive the leasing fee to find a qualified replacement -- at no cost to you.
Money back guarantee
Still unsure? Our six-month money-back commitment refunds up to 6 months of management fees if you’re not satisfied. No hassle, no hard feelings.
No long-term commitments
Stay because you want to, not because you have to. Month-to-month management with no long-term commitments required.
Risk and Fraud Protection
We protect your investment with rigorous tenant screening, secure payment systems, and proactive measures to minimize risk and prevent fraud.
Total Value:
over $10,000 in real, tangible protection.
- Eviction Management
- Rent Collection & Distribution
- Annual Inspections
- Lease Enforcement
- Expert Marketing & Listing
- Professional property photos
- On-Demand Showings
- Thorough Tenant Screening
- 24/7 Maintenance
- Rent-Ready Repairs & Cleaning
- Tax Document Preparation
- Move-in and Move-outs
Join our community of OC homeowners.
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