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Property Managementin Santa Monica, CA

RST & Assoc. has managed income properties and homeowner associations in Santa Monica for more than 40 years. Our actively managed Santa Monica portfolio includes buildings on 12th Street, 26th Street, and 5th Street — across the 90401, 90403, and 90404 zip codes. Santa Monica is one of the most consistently in-demand rental markets in Southern California, and it requires a property manager who understands both the opportunity and the compliance obligations that come with it.

Santa Monica commands some of the highest rents on the Westside, with a current median rent of approximately $3,400/month across all unit types and a 1-bedroom median around $2,810/month. The city’s coastal location, walkability, and concentration of tech and entertainment employers create sustained rental demand. Santa Monica also has its own rent control ordinance (the Santa Monica Rent Control Charter Amendment), separate from the City of Los Angeles RSO, which makes local management expertise especially important for multi-family property owners.

Why Santa Monica

Property Owners Choose RST & Assoc.

  • Active Santa Monica Portfolio

    RST currently manages income properties across Santa Monica’s residential neighborhoods, with confirmed buildings on 12th Street, 26th Street, and 5th Street. We are not a firm that lists Santa Monica as a service area without presence — we actively manage buildings there.

  • No Invoice Markups. Transparent Fees.

    Invoices from vendors are never marked up. There are no hidden fees, participation payments, or charges for copies, postage, or office supplies. Monthly financial reports are delivered by the first business day of every month, with copies of all paid invoices included.

  • 40+ Years of Westside Experience

    RST & Assoc. was founded in 1980. More than half of our current clients have been with us for over 20 years. The average tenure of our remaining clients exceeds ten years. Consistency and personal service are what distinguish RST from larger, less personal management firms.

Property Management

Services in Santa Monica

  • Leasing & Tenant Placement

    Market and advertise vacancies, show units, screen all prospective residents and guarantors, negotiate terms, and document unit condition at move-in and move-out.

  • Maintenance Coordination

    Handle all maintenance requests via work order and ticket systems. All vendors are vetted, insured, and never marked up.

  • Smoke Detector & Property Inspections

    Six-month unit inspections for smoke/CO detectors, plumbing, and resident damage. Independent inspector every six weeks.

  • Financial Reporting

    Monthly reports on the first business day, including copies of all paid invoices. Uses Yardi management software.

  • Legal Compliance Updates

    Clients kept informed of law changes, including Santa Monica Rent Control and California AB 1482 requirements.

  • Rent & Fee Collection

    Collect, deposit, and account for all rents and fees. Serve notices as needed. Residents may pay online, by mail, or in person.

Frequently Asked Questions About

Property Management in Santa Monica

  • Yes. RST & Assoc. actively manages income properties in Santa Monica across multiple zip codes (90401, 90403, 90404), and has served the Westside market for more than 40 years.