Los Angeles, CA · Property Management
Property Management in Los Angeles, by the numbers.
The Census Bureau counted 3,928 residential property managers in the Los Angeles-Long Beach-Anaheim, CA Metro Area in 2023, employing 33,952 people with $2.3 billion in annual payroll.
The local market.
Census Bureau, County Business Patterns 2023. Figures cover the whole metro area.
3,928
2nd most of 385 US metro areas
33,952
8.6 per business, against 9.1 across all metros
$2.3 billion
$68,325 per employee
88%
of businesses, against 85% across all metros
+4.0%
in the number of businesses (3,776 in 2022)
What the numbers say about Los Angeles.
- Los Angeles is one of the ten largest metro markets in the country for residential property managers, 2nd of 385.
- A typical business here is about the national size, with 8.6 employees.
- Pay runs above the metro average: $68,325 per employee a year, against $59,712.
- The market grew: 152 more businesses than in 2022.
How VERA helps property management in Los Angeles.
The same product everywhere. It prepares the work and waits for your approval before anything goes out.
Acknowledge every maintenance request in minutes
VERA drafts the tenant reply, the vendor dispatch with unit and access details, and the owner heads-up, so nothing sits in a queue overnight.
Collect rent without the awkward calls
VERA ranks unpaid balances by unit and days late and drafts a courteous reminder with a payment link for each one.
Start renewals while you still have time
VERA flags leases well ahead of expiration and drafts the renewal offer on your template, so units renew instead of turning over.
Questions
Property Management in Los Angeles
How many residential property managers are there in Los Angeles?
3,928 in the Los Angeles-Long Beach-Anaheim, CA Metro Area, according to the Census Bureau's County Business Patterns for 2023. Together they employed 33,952 people and paid $2.3 billion in annual payroll.
Is the Los Angeles market for property management growing?
By number of businesses it grew between 2022 and 2023: from 3,776 to 3,928 (+4.0%).
What does VERA do for property management in Los Angeles?
VERA drafts the quotes, invoices, follow-ups and customer messages a Los Angeles business runs on, and waits for the owner's approval before anything goes out. It is the same software everywhere; this page adds the local numbers.
Property Management in other markets
Other Los Angeles markets
Source: U.S. Census Bureau, County Business Patterns 2023 and 2022, metropolitan statistical areas. The Bureau adds a small amount of noise to these figures to protect individual businesses. The category counted is residential property managers, which can be broader or narrower than the trade itself. About the data.
See what VERA can do for your business.
Try it with the built-in demo data, no credit card, no API keys. VERA proposes the work and waits for your approval before it acts.