La Palma
Property Management

Managing a rental property in La Palma can take a lot of time and effort, and be quite stressful for landlords. And while this is true, it shouldn’t be the reason why you miss out on a very lucrative opportunity with a high return on investment. That’s why we founded Good Life Property Management—to help property owners like you take the stress out of managing their La Palma rental properties. We take care of everything from writing leases, finding the perfect tenants, and ongoing property management, so you can spend your time focusing on living the good life. At Good Life Property Management, we strive to make owning rental properties easy, and stress-free.

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No Eviction Guarantee

If we have to evict a tenant we placed, for non-payment of rent, we will pay for the eviction up to $3,000 (which usually covers all court costs and attorney’s fees)! We will also find a new tenant for free.

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Good Pet Guarantee

At no additional cost to the owner, we will reimburse damages caused to the home above wear and tear up to $3,000 total for pet damage. La Palma property management has never been so easy. 

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Money Back Guarantee

We stand by our word. If for any reason you are not happy with our service, neither are we. We’ll refund you up to one year of paid monthly management fees if you aren’t happy in the first year of service. We’re committed to 100% client satisfaction!

Our La Palma Property Management Services

Overview

About La Palma

Whether it’s because of the low crime rate, great schools, strong sense of community, or a combination of all that and more, La Palma is considered one of the best places to live in Orange County. With a population of over 15,500 residents, La Palma is a small city but is right on the border of Los Angeles and Orange County, so you aren’t far from the hustle and bustle of the big city.

Known for its amazing schools, La Palma is a great location for families to settle down and plant roots. There are also many green spaces in La Palma for residents to enjoy, Central Park is the largest park, with everything from playgrounds and tennis courts to soccer fields and basketball courts. The Greenbelt is a great place to go for a walk and Eddison Park is a can’t miss for the kids. Many of the parks also host fun events throughout the year like Cinema in the Park, annual Tree Lighting Ceremony, and the Festival of Nations and Parade. For more information on La Palma, visit the official La Palma city website.

Why owning rental property in La Palma is a good investment

La Palma’s location is one of the most desirable factors of this small but mighty city. It’s close to bigger cities like Anaheim, Fullerton, and Buena Park, and is a short drive to Disneyland, Knott’s Berry Farms, and some amazing beaches. La Palma is also a more affordable option than the bigger cities or the beachside cities, making it a desirable location for many would-be residents.

La Palma has a suburban lifestyle with easy access to all of the amenities Orange County has to offer. It’s perfect for people looking for a quieter lifestyle who still need to be close to the urban areas for work and entertainment.

La Palma is also known for its excellent schools. Highly rated schools like Los Coyotes Elementary School, John F. Kennedy High School, and Steve Luther Elementary School make La Palma an attractive place for families to settle down.

How much does La Palma property management cost?

Every La Palma property manager has their own unique fee structure, which can vary significantly from other La Palma property management companies. At Good Life Property Management, we offer house, condo, and/or 2-4 units property management for an 8% monthly management fee. Alternatively, we provide multi-family (5-15 units) property management for a 6% monthly management fee. In addition to monthly management fees, we charge a leasing fee (which is 25% of one month’s rent), a $150 annual inspection fee, and a $195 lease renewal fee.

For Non-California residents, the Franchise Tax Board (FTB) requires property managers to withhold a percentage of income from property owners who live out of state as a pre-tax. payment. Our charge is $50/quarter, which covers submitting these payments on your behalf and your annual tax forms. We ensure compliance and timely filings so you can avoid penalties and focus on what matters most. To learn more about our La Palma property management services and pricing, please visit our Services and Pricing

What to look for in an La Palma Property Manager

When interviewing La Palma property management companies, you want to make sure they offer holistic property management services. For residential properties, we recommend the following services:

  • Helping you get the property ready for renting
  • Property marketing and advertising  
  • Showing the property to prospective tenants 
  • Screening and selecting qualified tenants 
  • Leasing signing and lease management 
  • Tenant support and 24-hour emergency maintenance services 
  • Rent collection and direct deposits services
  • General maintenance and annual inspections 
  • Periodic walkthroughs 
  • Lease modifications (i.e. adding a pet to the lease) 
  • Reports, photos and financial statements 
  • Legal notices to move tenants out 

For more information on what to look for in a La Palma property manager, check out our Proven Process

Marketing

How we market your property

We use the most popular online platforms to market your La Palma rental property. Through paid syndications, we create listings on websites such as Zillow, Trulia, Hot pads, and 50+ more major rental sites so we can get your rental the most exposure and find the best-fit tenant. Our team will take high-quality professional pictures of your rental and create a high-definition 3D virtual tour. We also write extensive information about your rental, including, amenities, price, community features, and other important living information so we can attract good candidates. Finally, we offer 7 day showing access and support for prospective tenants.

How we help you find the perfect rent price

Our La Palma rental property specialists assist you in determining the best rental price for your property by conducting a thorough market analysis. This includes investigating comparable properties in the La Palma area, examining current rental market conditions, seasonal fluctuations, and taking into account factors such as your property’s location, size, and condition. Based on this analysis, we will recommend a competitive rental price that will help you attract the right tenants for your property.

Furthermore, our La Palma property management services include monitoring the rental market and adjusting the price for each new lease term. That way, we can ensure that your property remains competitive and generates a healthy rental income.

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Tenant Screening

The Good Tenant Screening

At our La Palma property management company, we understand the importance of finding the right tenant. That’s why we’ve built our Good Tenant Screening process. This thorough and comprehensive process ensures that we find tenants who are reliable, responsible, and will take care of your property as if it were their own. Our screening process includes credit checks, background checks, previous landlord references, and more. We take the stress out of finding qualified tenants and give you peace of mind knowing that your property is in good hands.

Rent Collection

We direct deposit rent to your bank account

We use online rent payment portals, automated reminders, and late payment penalties to make sure that rent is paid on time. We also have a dedicated team who will follow up with tenants who are late on their rent to ensure that payments are received as soon as possible. With us as your La Palma property management company, you can rest easy knowing that rent collection is in good hands and that you’ll always be paid on time.

Maintenance

We’ve got your property maintenance covered

There are so many benefits to a well-maintained property; they rent faster, keep tenants happy, and have low turnover. That’s why we’re invested in quality maintenance and inspections of your property. Over the past 10 years, we’ve built great relationships with the best vendors in Orange County, so we can make sure your property receives affordable and quality care. We also offer 24-hour emergency maintenance services to ensure your tenants are always taken care of. La Palma property management has never been so easy.

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We make owning rental property easy

Renting your property shouldn’t be a hassle. It should give you a greater abundance of time, money, and energy. We’ve developed a team of A-Players who have made this a reality for over 1,000 property owners.
We can do the same for you.

Home Prices

in La Palma

La Palma is a desirable location for those looking to live in Orange County. It offers the charm of a quiet neighborhood paired with being in the perfect location to access entertainment, shopping, parks, and more. It is consistently listed as one of America’s best affordable suburbs to live in and it’s clear to see why. La Palma has wonderful green spaces for residents to enjoy, boasts easy access to a variety of transportation options, and has a quality of life that continues to attract new residents year after year.

Pros of Investing in La Palma

La Palma is a great place to purchase a rental property because of its location—it’s situated in a well-connected part of Orange County making it a desirable location for young professionals, families, retirees and more. Because La Palma is close to major employment centers, universities, and recreational hubs, the rental demand in the area remains consistently high. Add to that the highly rated schools, strong sense of community, and the lower price points compared to nearby cities, and it’s clear to see why La Palma is an excellent investment choice.

Cons of Investing in La Palma

Because La Palma is a small city, there is limited space for new developments. This can increase property prices, and means there is limited inventory to purchase. Additionally some of La Palma’s houses are older and with aging homes come higher costs for upkeep and repairs. Whether it’s for plumbing, electrical systems, or structural components, these ongoing repair and maintenance costs can eat into your profitability.

Home Prices in La Palma

These are the year to date stats as of December 2024. For monthly stats, visit Redfin’s La Palma, CA Housing Market.
$1,445,000

The median price of a single-family home in La Palma – 90623

$899,000

The median price of condos/townhomes in La Palma – 90623

Rental Rates in La Palma

These are the 2025 average rent prices in La Palma. For monthly stats, visit Zumper.
$3,464/month

The average rent for a 3-bedroom apartment in La Palma. 

$2,679/month

The average rent for a 2-bedroom apartment in La Palma. 

$2,355/month

The average rent for one bedrooms in La Palma. 

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