Hollywood Property Management - Multi-Family Vacancy Statistics

Hollywood's vacancy factor has now topped 6% heading into the Summer months. To be specific the vacancy factor now sits at 6.1% according to data collected early this year.

As you may know Summer is a very busy time for moving and this spike in vacancy can be attributed to some folks heading home for the Summer. However this phenomenon should be countered out by the middle to end of Summer where we would expect the vacancy factor to drop back down below the 6% level. Still high for the highly desirable Hollywood sub-market of Los Angeles.

So what does this all mean?

Now more then ever aggressive rental practices are needed to get prospective tenants through the door. At Pacific Shore Property Management we do a variety of things differently, that help us get a majority of our vacancies rented in 30-days or less! If your current Hollywood Property Management Company doing the following?

We Rent Our Vacancies In Record Time By:

Conducting Rental Market Surveys to Determine Exact Price

Advertising Across 15 Online Sites for Maximum Market Exposure

Creating Virtual Video Tours & Accepting Applications Online

Pre-Qualifying and Personally Showing Every Prospective Tenant

We offer stand-alone Leasing Services and full service Property Mangement Services as well. If you are looking for a Hollywood Property Management Company please call us today or visit us online!

Pacific Shore Property Management

(877) 477-7652 or (310) 839-8970

www.PSPMLA.com