Multifamily Property Management in San Diego.
From 5-unit buildings to 50+ unit complexes, we handle the operations so you can focus on the returns. No upcharges. No runaround. Just a well-managed asset.
Every vacant unit costs you money every single day.
At current San Diego market rents, a single vacant 2-bedroom unit costs a multifamily owner roughly $70 per day in lost income. On a 10-unit building with two open units, that's $4,200 a month walking out the door while you wait. Multifamily assets need a manager who treats leasing like an emergency, not a process. That's the standard we operate to.
Average daily cost of a vacant 2BR unit at San Diego market rents.
Our target time-to-lease on vacant units once they're market ready.
Where your listing goes within 24 hours of vacancy.
Full-service management built for multifamily.
Managing a 10-unit or 30-unit building is a different job than managing a single-family home.
Tenant turnover hits harder. Maintenance compounds faster. One slow response creates three complaints.
We've built our operations specifically around multifamily - with vendor SLAs, pre-leasing workflows, and financial reporting that gives you real visibility into a property with multiple units and multiple variables.
Leasing & Marketing
Professional photography and listing copy, distribution across 30+ rental platforms within 24 hours of vacancy, market-driven rent positioning, same-day showings, and qualified tenant screening. We start pre-leasing the moment a notice to vacate comes in.
Operations & Maintenance
24/7 maintenance line with live triage, pre-negotiated vendors on response SLAs, quarterly preventive walk-throughs, move-in and move-out inspections, and real-time work order tracking in your owner portal.
Finance & Reporting
Monthly statements covering rent roll, P&L, and cash flow. All invoices and receipts attached to every line item. Year-end 1099s and tax-ready packages. Owner draws on a fixed cadence. You'll always know where your money is.
Compliance & Risk
California rental law and AB 1482 compliance, Fair Housing-trained leasing staff, lease enforcement and evictions when needed, habitability documentation, insurance coordination, and notice handling.
A 30-day transition designed to protect your rent collection.
Switching property managers on a multifamily asset has one real risk: disruption to rent. Our transition playbook is built to eliminate that risk. You get a single point of contact, and your tenants get clear, branded communications from day one.
Sign & Set Up
We execute the agreement, open your trust account, configure your owner portal, and formally request all files from your current manager.
Records & Tenants
We abstract all leases, load tenant ledgers, send branded transition notices to every resident, and confirm rent payment routing.
On-Site & Vendors
Full property walk with a unit-by-unit condition baseline, vendor handoff, and pickup of any open work orders.
Stabilized & Live
First rent cycle under Palm Tree, first owner statement issued, leasing engaged on any vacancies, and quarterly preventive walk scheduled.
What multifamily management costs with Palm Tree Properties.
Our pricing is straightforward. No hidden fees, no maintenance markups, no surprise add-ons. For multifamily portfolios, we customize pricing based on unit count - larger portfolios qualify for reduced management rates.
| Item | Standard |
|---|---|
| Monthly Management Fee | Starting at 6-8% of collected rent |
| Leasing Fee | 50% of one month's rent per placement |
| Onboarding Fee | $395 (waived for qualifying portfolios) |
The management fee applies to rent actually collected, not gross potential. We're paid when you're paid.
Locally owned. Investor-operated. Built for San Diego.
Palm Tree Properties was founded by a San Diego rental property owner. We manage properties the way we'd want our own managed - with real responsiveness, clean financials, and no runaround. For multifamily owners, that means a team that understands the math of vacancy, knows the La Presa and Spring Valley submarkets as well as Chula Vista and National City, and treats your building like an asset worth protecting.
Investor-Minded
We think about your property the way you do - in terms of vacancy cost, net income, and long-term value. Not just task completion.
Direct Access
You work directly with Erik and our senior team. No call centers, no escalation chains.
No Hidden Costs
No maintenance markups. No surprise charges. Every invoice is attached to every line item in your monthly statement.
Ready to put your building in the right hands?
Schedule a free property assessment. We'll review your current vacancy, rent positioning, and maintenance spend, and show you exactly what changes under our management.
