Penmar Management was founded in 1980 at 24007 Narbonne Ave in Lomita, California, based on the modern scientific management principles taught by Frederick Taylor and Henri Fayol, and their application in real estate management as introduced by James Downs Jr., CPM and William Walters Jr., CPM. Operating under California BRE #00825088, the company is led by owner Robert K. Green and has maintained continuous operations for over 40 years without ever being sold, going out of business, having its license limited or revoked, or experiencing abrupt management personnel replacement. This stability has allowed Penmar’s corporate culture to evolve and enabled the company to build on all lessons learned through the years, developing extraordinary systems and procedures. The combination of taking a scientific approach to property management and the advantage of applying those principles without interruption has provided Penmar with unique opportunities to develop exceptional service offerings. Penmar Management serves an extensive area throughout Southern Los Angeles County and the South Bay including Lomita, Gardena, Torrance, El Segundo, Palos Verdes, Wilmington, Hermosa Beach, Manhattan Beach, Harbor City, Redondo Beach, San Pedro, Downey, Lawndale, South Gate, Inglewood, Hawthorne, Long Beach, and southern Los Angeles. Operating Monday through Friday from 8:30 AM to 5:00 PM, the company provides full-service property management including all day-to-day operations, monthly rent collection, tenant complaint resolution, 24/7 emergency response, eviction and abandonment coordination, bill payment, accounting for all income and expenses, and comprehensive monthly client reports. Penmar’s most unique feature is their rent payment guarantee – they guarantee that any tenant they install will always pay rent on time, or they pay the owner 50% of that rent (terms and conditions apply). The company achieves this through commissioned listing agents who aggressively rent vacancies quickly to only quality tenants, and a rational system for resolving tenant disputes about security deposit refunds. With approximately $5.2 million in annual revenue and fewer than 25 employees, Penmar emphasizes no long-term contracts, no hidden fees with fully disclosed income sources, and client satisfaction as their #1 goal.