L&M Coastal Property Management, Inc.

L&M Coastal Property Management, Inc.

Leasing Residential Real Estate

Costa Mesa, California 1,355 followers

L&M strives to help individuals and multi-generational families with the management of their real estate.

About us

L&M was founded by William Lester and William Munce in 1989. The company has since continued to help individuals and families all over Orange County and Long Beach. Our team specializes in both commercial and residential properties of 4 units or less, providing multiple services which include the daily management of real estate operations, maintenance services, rent collections, full-service accounting, and monthly and annual accounting reports, project management, property leasing, and projected expense budgeting. L&M strives to help individuals and multi-generational families with the management of their real estate. It is our greatest pride to make all our clients feel comfortable that their assets are well-maintained and retain value. We look forward to assisting more individuals and families to create wealth and profitability to pass down to the next generation. Our company values a quick response time for any Owner’s needs as well as building strong personal relationships with our clients. When you call our office you talk to real people and feel each member of our team is familiar with your property. We are proud to provide an in-house maintenance team that can make sure any and all issues are resolved quickly and to our high standards. We have many preferred vendors that give all our owners the best service at a reasonable price. Each member of our team is responsible for maintaining our values to provide our clientele with integrity and hard work. It is our pleasure to serve you and your family.

Website
https://www.lmcoastal.com/
Industry
Leasing Residential Real Estate
Company size
11-50 employees
Headquarters
Costa Mesa, California
Type
Privately Held
Founded
1989

Locations

  • Primary

    1810 Newport Blvd Suite C Costa Mesa, CA 92627

    Newport Blvd Suite C

    Costa Mesa, California 92627, US

    Get directions

Employees at L&M Coastal Property Management, Inc.

Updates

  • 3117 Coral Ave., Unit B, Costa Mesa, CA 92626 Charming Single Story 2 Bedroom 1.5 Bath Unit Discover the perfect blend of comfort and convenience in this inviting single-story, 2-bedroom, 1.5-bath apartment! Located adjacent to a beautiful park and just minutes from the 405 freeway, South Coast Plaza, and popular shopping and dining spots, this home offers the ideal lifestyle for those seeking both relaxation and accessibility. Apartment Features: ☑ Spacious Layout: One-story design with bright, open spaces and easy flow throughout. ☑ Large Primary Bedroom: Features two mirrored closets, offering ample storage and a touch of elegance. ☑ Tile Flooring: Durable tile floors span the entire home, providing easy maintenance and a modern look. Chefs Kitchen: Equipped with a brand-new oven, plus a working dishwasher and refrigerator. ☑ Washer/Dryer Hookups: Convenient hookups located in the attached garage for easy laundry access. ☑ Attached 1-Car Garage: Enjoy the security and convenience of your own attached garage. ☑ Private Side Yard: The wrap-around side yard offers a private outdoor space perfect for relaxing or entertaining. With its prime location, updated amenities, and cozy charm, this apartment is the perfect place to call home. Contact us today to schedule a viewing! Contact us: (949) 646-3679 #CostaMesaRentals #ApartmentHunting #RentInCalifornia #LMCoastalProperty #LuxuryLiving #RentalHomes #3117CoralAvenueCostaMesa #HighOccupancy

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  • Is your property truly ready for the rental market? To attract quality tenants and ensure a smooth leasing process, consider the following essential steps: Understand Local Landlord Laws: Familiarize yourself with the regulations in your area to avoid potential legal issues. Conduct Thorough Inspections: Inspect both the interior and exterior of the property for any necessary repairs, including structural integrity and appliance functionality. Deep Cleaning: Ensure the property is spotless. A clean home is more appealing to potential tenants. Enhance Safety Features: Check smoke detectors, carbon monoxide detectors, and fire extinguishers to ensure safety compliance. Set Competitive Pricing: Research the rental market to price your property strategically, balancing your investment goals with market conditions. By following these guidelines, you can ensure your property is not only market-ready but also attractive to prospective tenants. 📞 Contact us at +1 949-646-3679 📧 [email protected] 🌐 www.lmcoastal.com #PropertyManagementSuccess #InvestmentProperty #L&MCoastal #RealEstateInvesting #HighOccupancy #LandlordTips #PropertyInvesting

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  • Are you aware of the latest rental market trends? At L&M Coastal, we go beyond the basics to bring you in-depth data analytics, helping property owners and investors make the best choices in a dynamic market. From occupancy rates to rental price shifts, we provide the insights you need to maximize your property’s potential. Here are the key rental market trends for October and November 2024: Los Angeles Rental Prices: October 2024: The median rent in Los Angeles is $2,795, which is a decrease of $53 compared to September 2024. November 2024: Rental prices have slightly decreased by 0.5% month-over-month, marking a year-over-year decline of 2.2%. California State Rental Prices: October 2024: The median rent price across California stands at $2,800, down $63 compared to October 2023. These insights reflect current market conditions, aiding property owners and investors in making informed decisions regarding their rental investments. Staying updated on these trends is crucial for optimizing property management strategies. Let us help you stay competitive, adapt to changes, and optimize your investment strategy with confidence.👉 Stay ahead in today’s market with our expertise! 📞 Contact us at +1 949-646-3679 📧 [email protected] 🌐 www.lmcoastal.com🔖 #RentalMarketTrends #RealEstateAnalytics #L&MCoastal #PropertyManagement #InvestmentProperty #RentalInsights #MarketUpdatesYou

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  • Hear from one of our clients who transformed a struggling rental property into a thriving investment, thanks to L&M Coastal Property Management! With our tailored marketing strategies and hands-on management approach, they reached an impressive 95% occupancy rate in just three months! 💼🏡 Looking for results like these? Let’s work together to turn your property goals into success stories. Visit our Google reviews to see how we’re making a difference for property owners like you! Read More Reviews 📞 Contact us at +1 949-646-3679 📧 [email protected] 🌐 www.lmcoastal.com #PropertyManagementSuccess #InvestmentProperty #L&MCoastal #RealEstateInvesting #HighOccupancy #LandlordTips #PropertyInvesting

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  • Successful property management goes beyond routine maintenance. It’s about building strong tenant relationships, creating safe and welcoming environments, and strategically managing your investments for long-term value. At L&M Coastal Property Management, we’ve perfected strategies that make a meaningful difference. Here are our top tips for successful property management: Tenant Screening: Set the foundation with thorough tenant background checks to foster lasting relationships. Effective Communication: Stay responsive to tenant needs to enhance satisfaction and retention. Regular Maintenance: Schedule regular inspections and address issues proactively to avoid costly repairs. Market Insight: Keep up with real estate trends and local laws to stay competitive. Community Building: Encourage a positive tenant community, boosting engagement and property appeal. Curious about how these tips can elevate your property management? Connect with us to explore strategies tailored to your investments and start seeing the difference! 📞 +1 949-646-3679 📧 [email protected] 🌍 www.lmcoastal.com #PropertyManagementTips #TenantSatisfaction #RealEstateInvestment #L&MCoastalPM #PropertyManagement #PropertyValue #CommunityBuilding #MaximizeReturns

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  • In today’s fast-paced real estate market, staying informed and ahead of trends isn’t just beneficial—it’s crucial. At L&M Coastal Property Management, our team of dedicated experts is committed to providing you with the latest market insights and data-driven strategies tailored to elevate your investment portfolio. From property assessments to strategic planning, we bring a personalized approach to maximizing your property’s value and potential. Explore how our comprehensive property management services can drive growth and sustainability for your assets. Ready to get started on the path to long-term success? Contact us today to learn more! 📞 +1 949-646-3679 📧 [email protected] 🌍 www.lmcoastal.com #PropertyManagement #RealEstateInvesting #MarketTrends #InvestmentStrategies #PropertyValue #RealEstateExperts #L&MCoastal #InvestWithConfidence #OrangeCountyProperty #MaximizeYourInvestment

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  • To effectively boost your property’s value and increase equity, consider the following renovation ideas: Kitchen Renovations: Upgrading your kitchen can offer a significant return on investment, with increases ranging from 32% to 86% of the renovation costs. Focus on modern appliances, updated countertops, and fresh cabinetry to enhance appeal. Bathroom Remodeling: Updating bathrooms with new fixtures, tiles, and energy-efficient features can greatly enhance your home's value. Even minor updates can yield substantial returns. Energy-Efficient Improvements: Installing energy-efficient windows, insulation, and HVAC systems not only saves on utility costs but also attracts eco-conscious buyers and can raise property value. Curb Appeal Enhancements: First impressions matter. Invest in landscaping, exterior painting, and a new front door to boost your home's curb appeal. Fresh Paint: A simple yet effective improvement, repainting walls can refresh the look of your home and make it feel new and inviting. By focusing on these key improvements, you can effectively enhance your property’s market value and equity.

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  • Finding the right property manager is essential for ensuring the success of your investment. Here are key factors to consider: Experience and Expertise: Look for property managers with extensive experience in the local market. They should understand the specific regulations and trends in Orange County. Reputation: Research potential managers through online reviews and testimonials. A good reputation often indicates reliability and quality service. Services Offered: Ensure that the property management company provides a comprehensive range of services, including tenant screening, maintenance, and financial reporting. This ensures all aspects of management are covered. Communication: Effective communication is crucial. Choose a manager who is responsive and transparent, keeping you informed about your property’s status and any issues that arise. Fees and Contracts: Review their fee structure and contract terms. Ensure there are no hidden fees and that the terms are fair and clear. Technology Use: Inquire about the technology they use for property management, such as online portals for tenants and owners, which can streamline processes and enhance convenience. By considering these factors, you can find a property manager who meets your needs and helps maximize your investment's potential.

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  • October was indeed a pivotal month for real estate in Orange County, characterized by significant developments and trends that may influence the market moving forward. Here are the key events and takeaways: Market Trends: Home sales saw a slight increase, driven by lower interest rates, making housing more accessible for buyers. This trend suggests a recovering buyer sentiment amid economic uncertainties. Rental Market Dynamics: The rental market remained competitive, with rising demand for single-family rentals. This trend highlights the ongoing shift towards suburban living, as more people seek space and affordability. New Developments: Several major residential projects received approvals, indicating a positive outlook for future housing supply. This increase in construction is crucial to meet the growing demand in the area. Legislative Updates: New housing policies aimed at increasing affordable housing options were introduced, promising to shape the landscape of real estate in OC. Community Engagement: Local real estate organizations hosted events focusing on sustainable development and community engagement, showcasing a commitment to improving living conditions in the area. As we look ahead, these developments could play a critical role in shaping the future of real estate in Orange County. Stay tuned for more updates!

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  • Understanding real estate market cycles is crucial for maximizing investment returns, especially in the dynamic environment of Orange County. Here are key insights to help you navigate these cycles: Market Phases: Recognize the four main phases of real estate cycles: Expansion: Characterized by rising prices and increased demand. Peak: The market reaches its highest prices before a downturn begins. Contraction: Prices decline, leading to increased vacancies and lower demand. Trough: The lowest point of the cycle, where opportunities for investment may arise. Indicators to Monitor: Keep an eye on economic indicators like employment rates, interest rates, and housing inventory. These can signal transitions between market phases. Strategic Timing: Adjust your investment strategy based on the current phase. For instance, consider buying during the trough when prices are low, and hold during expansion for maximum appreciation. By staying informed and adaptable, you can make wiser investment decisions that align with the cyclical nature of the real estate market.

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