In 1980, Penmar Management was founded in the Los Angeles, South Bay Area with a focus on developing a property management company built on the ideals of modern scientific management principals as taught by Frederick Taylor and Henri Fayol, and the application of those principals in real estate management as introduced by such pioneers as James Downs Jr., CPM© and William Walters Jr. CPM©.
Since its beginning, Penmar Management has focused on real estate management and working with its clients to develop their real estate portfolios through strategic management, purchasing, sales, and 1031 exchanges.
Located in Lomita, California, we are proud of the fact that we have been operating for almost four decades continuously. Unlike other management companies claiming many years of operations, Penmar has never closed its door, sold out to other principals, had its license limited or revoked, or had an abrupt replacement of management personnel. This has allowed its corporate culture to evolve, and allowed it to retain all the lessons learned through the years.
Penmar Management prioritizes client satisfaction. Our endless quest to exceed customer expectations for almost 40 years continues. Work with us and we will always strive towards managing your rental investments more effectively.