Elite · TrueMatch™ Verified
Penny 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.
Trophy Case
1 award · 2025
PropertyManagement.com awards, earned on verified performance data and property owner surveys. They cannot be bought.
Top 100 and Market Leader are set by TrueMatch score on Nov 30 each year; Best in Class by property owner survey category, nationally and by metro. Ranks live on the Top 100 standings.
Verified Performance
Measured from the company’s own management software, connected read-only to PropertyManagement.com, or from reports it uploads and we check. Tap the (i) on any card to see how a number is measured.
Speedy Leasing
Median days from listing to signed lease
via Software Sync · Nov 13
Occupancy Rate
Occupancy rate
via Software Sync · Nov 13
Rent Collection Rate
Rent collection rate
via Software Sync · Nov 13
Lease Renewal Rate
Lease renewal rate
via Software Sync · Nov 13
Data last updated Nov 13, 2026
Verified Credentials
Credentials are checked before they appear here: licenses and insurance against the record, memberships against the association’s roster, technology against the tools in use.
Client survey results
Property owner survey results
Based on 39 property owner survey responses, collected by PropertyManagement.com directly from Penny’s clients.
Methodology: PropertyManagement.com invited property owners directly from Penny Realty's client roster. Responses are verified and screened for duplicate submissions.
Leasing Performance
Leasing Performance
Accounting & Financial Reporting
Accounting & Financial Reporting
Maintenance Communication
Maintenance Communication
Vacancy Time
Vacancy Time
Service area
25 cities where Penny Realty manages homes today, confirmed from its synced portfolio.
Area: smoothed merge of ~5 mi buffers (≈2 mi gap close). Dots: each ZIP centroid (darker = primary). Illustrative only. © Mapbox © OpenStreetMap
Frequently asked questions
4 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.