LRS · Realty & Management
Single-family & multifamily management · Southern California · Est. 1988

One house or one hundred units — managed for stability, maintenance, and cash flow.

Residential property management across Southern California since 1988 — local property managers in every market, backed by in-house maintenance, brokerage and renovation under one roof.

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Los Angeles · Kern · Inland Empire · Orange · San Diego
The Firm

A family business since 1988, now managing across Southern California.

1988

Founded by Gail and Alec Bernstein

6

Counties served, from Los Angeles to San Diego

3,400+

Units and homes under management

5

In-house departments behind every property

Licensed California brokerage · DRE #01820556 · In-house licensed General Contractor

What We Manage

Single-family and multifamily, managed by the same team.

Homes & condos

Single-family rentals

One property, treated like the asset it is: careful resident selection, proactive upkeep, and an owner who hears from us before there's a problem.

Houses, condos and townhomes
HOA rules and coordination handled
Individual owners and family portfolios
Apartments

Multifamily communities

Buildings run to a plan: disciplined collections, on-site staff supervision, and turnaround strategies where the numbers need lifting.

Fourplexes to hundred-unit communities
On-site manager hiring and supervision
Non-profit and institutional owners

Also in-house: commercial office and retail management, brokerage sales and 1031 exchanges, and lease-up only service.

The LRS Difference

One integrated company, not a chain of vendors.

Under one roof

Property supervisors, in-house maintenance and administrative staff work from the same priorities, in the same building.

One accountability

A single point of contact for leasing, repairs and reporting — no handing you between companies.

Customized

Every property needs a different strategy; ours is built to increase value and maximize cash flow on yours.

The Difference in Practice

What changes the day LRS takes the keys.

Owner's concern
The usual experience
With LRS
Vacancy
A home or unit sits empty for months
Syndicated listings and fast inquiry response fill it in weeks
Resident quality
A quick credit pull and a good feeling
Credit, background, eviction history, employment and income verified
Maintenance costs
Marked-up third-party invoices
In-house licensed GC at rates that beat outside specialists
Rent collection
Late rent left to slide
Enforced on schedule; evictions coordinated lawfully
Owner visibility
A statement weeks late, if at all
Owner portal with statements, disbursements and documents 24/7
What We Handle

Every part of ownership, under one roof.

SVC·01

Leasing & screening

Credit, background, eviction, employment and income verification; listings on the top rental sites.

SVC·02

Rent collection

Consistent collection on schedule, and lawful eviction coordination when a resident won't pay.

SVC·03

In-house maintenance

Licensed, bonded and insured General Contractor, with inspections and emergency response.

SVC·04

Financial reporting

Monthly statements, year-end tax statements and disbursements in the owner portal.

SVC·05

Renovation projects

Project managers and renovation specialists reposition a property to earn more.

SVC·06

Brokerage & 1031

Sales and acquisition guidance, including 1031 exchanges to defer taxes and reinvest.

SVC·07

Commercial

Office and retail management for owners with mixed holdings across the region.

ALSO

Lease-up only

We screen and place the resident; you keep day-to-day control of the property.

Property Care

We are the contractor, so there is no mark-up.

Our Maintenance Department is a licensed, bonded and insured General Contractor with the California State Licensing Board. Rates consistently outperform industry specialists in residential maintenance and remodeling — which protects your cash flow.

In-house

Turns, repairs and remodels by our own crew

Inspected

Regular interior and exterior inspections catch issues early

Priced

Cost-effective by design, not marked up

Technology

Backed by an owner portal you can actually use.

TECH·01
24/7 property insights
Financial statements, monthly summaries, year-end tax statements and documents on demand.
TECH·02
Simplified payments
Send and receive funds by eCheck or debit card — contributions, repairs, renovations, reserves.
TECH·03
Resident self-service
Residents pay rent and submit maintenance requests online, day or night — no phone tag.
TECH·04
Built-in communication
Messaging, notifications and email tools keep owners informed without chasing anyone.
TECH·05
Compliance tracking
Notice timelines, rent-increase rules and inspection dates tracked per property.
Getting Started

Changing managers, without the mess.

STEP 01

Free consultation

What your property should earn in today's market, and what we'd charge to run it — in writing, no obligation.

You do · send address and unit count
STEP 02

A plain agreement

The fee, what's included, what isn't, and the termination clause — all visible before you sign.

You do · read it, ask, sign
STEP 03

We handle the handoff

Notice served, records chased — leases, deposit ledgers, keys, open work orders — every deposit reconciled.

You do · nothing
STEP 04

We take over

Residents notified, portal live, and a prioritized condition report: urgent, legal risk, or can wait.

You do · log in and watch it run

Most transitions complete in about 30 days.

Cost

We don't earn unless your property does.

Management fee

Billed as a percentage of rent collected — aligned with occupancy and collections, not activity.

Maintenance

Performed by our own licensed crew rather than marked-up third-party invoices.

Your rate

Quoted in writing before you sign, specific to the property type, unit count and scope.

Results
"I've been with LRS for over 7 years. All I can say is that they are a trusted partner standing by you whenever needed. The maintenance is professional, considerate, and thoughtful working with homeowners."
Greenbrook Properties Owner · 7+ years with LRS
"They take the time to explain everything that needs to be done with my house, and help me save on labor and materials." — Minh Tran, owner
"From start to finish the team has been incredibly supportive and attentive — they took the time to understand our needs." — Seeno Shahrooz, owner
Areas We Serve

Property management is local. So are our managers.

Rents, residents and city ordinances differ block by block — which is why we staff local property managers throughout Southern California rather than running every property remotely. Each region has its own on-the-ground team, supported by the same in-house maintenance, accounting and brokerage departments.

Five regions · one standard

Local managers, in-house departments behind them

Los Angeles County
The Valley, Central LA, the Westside and South Bay
Kern County
Bakersfield and the surrounding market
Riverside & San Bernardino
Inland Empire multifamily and single-family
Orange County
Coastal and inland Orange County submarkets
San Diego County
San Diego metro and North County
Next step · Free consultation & quote

What is your property really earning?

Tell us about the house, condo or building. We'll come back with what it should be renting for in today's market and exactly what we'd charge to manage it — in writing, at no cost and no obligation.

Alec Bernstein · Owner / Broker
(818) 335-0939
alec@lrsrm.com
James Chanth · On-boarding
(818) 535-1282
james@lrsrm.com
Main office · DRE #01820556
(818) 885-5155
lrspropertymanagement.com
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