La Palma
Property Management
Owning a rental in La Palma—Orange County’s “City of Vision”—is a stable, blue-chip investment, but its small size means high standards. As the smallest city in the county, La Palma is known for its quiet streets and top-tier schools like Kennedy High. However, managing the 1960s-era housing stock requires specific maintenance expertise. Good Life Property Management proactively handles the aging plumbing and electrical issues common in these classic homes. We rigorously screen for families who value the community’s peace and quiet, ensuring your property fits perfectly into this tight-knit neighborhood.
Our La Palma 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 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 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 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
$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
$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.
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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