Penny Realty
Elite · TrueMatch™ VerifiedPenny Realty, Inc. has been proud to serve Southern California as a family-owned and operated property management company rooted in integrity, care, and long-standing relationships. Since our founding in 1965, we’ve believed that managing property isn’t just about homes and buildings — it’s about people. We understand that your rental property represents more than an investment; it reflects years of hard work, trust, and future planning. That’s why our owners choose Penny Realty — for the peace of mind that comes from working with a team that treats every property as if it were their own. At our core is the integrity of a family-owned business, the kindness of people who genuinely care, and the satisfaction that comes from serving the communities we live and work in. We believe in building relationships you can depend on, backed by the professionalism, knowledge, and experience of a dedicated team of property management experts. Property management, to us, is a partnership — a relationship between Penny Realty, our owner-clients, and our tenant-residents. When communication is clear, expectations are aligned, and trust is earned, everyone benefits. That philosophy has guided our work for generations and continues to define how we serve our clients today.
Verified Performance
Measured from the company’s own management software, connected read-only to PropertyManagement.com, or from reports it uploads and we check.
Speedy Leasing
Median Days on Market
Rent Collection Rate
Average Rent Collection Rate
Verified Credentials
Credentials are checked before they appear here: memberships against the association’s roster, training against the issuer, and accounting and pricing practices against independent data.
Client survey results
Property owner survey results
Based on 6 property owner survey responses, collected by PropertyManagement.com directly from Penny’s clients.
Overall Satisfaction
6 property owner responses
Leasing Performance
Vacancy Time
Accounting & Financial Reporting
Maintenance Communication
Maintenance Cost Value
Service area map
Area: smoothed merge of ~5 mi buffers (≈2 mi gap close). Dots: each ZIP centroid (darker = primary). Illustrative only. © Mapbox © OpenStreetMap
Customer Reviews & Ratings
Based on 488 reviews
BBB and Yelp ratings are influenced by ads or paid accreditation. They are shown for transparency but don’t affect a TrueMatch™ score.
Frequently Asked Questions
How do you screen prospective Tenants?
Penny Realty has a comprehensive 11 Step Screening Process. This process allows us to offer our “Eviction Free Guarantee.” For more details, see [PennyRealty.com/resident-screening](http://PennyRealty.com/resident-screening).
What insurance coverage should I have on my property?
Owners should maintain proper coverage. Consult your insurance agent for a Landlord/Rental Dwelling Insurance Policy. Penny Realty, Inc. should be named as an additional named insured. We also provide additional secondary coverage through SureVestor Insurance.
Who establishes the monthly rental rate for my property?
Penny Realty provides a comprehensive Rental Analysis and recommends competitive rates to maximize income and minimize vacancy. Final pricing is collaborative with the owner. If opting into Penny Realty’s Guarantees, Penny Realty will set the rental rate as required by the program.
What happens if the Tenant damages my property beyond the Security Deposit?
With the thorough 11 Step Tenant Screening Process, it is rare for damages to exceed the deposit. If it happens, Penny Realty will pursue collection in full and can support the owner through Small Claims Court. If needed, Legal Counsel’s Debt Collection division will pursue recovery after judgment.