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About Mangold Property Management

Mission Statement:

Mangold Property Management provides the service and professionalism to fulfill the needs of our clients and tenants alike. Unifying landlords and tenants, we create communities. We are dedicated to "putting people and places together."

Why Choose Mangold Property Management?

Mangold Property proudly maintains an average vacancy rate of less than 4% for all properties managed.
Our personalized client and customer care, attention to detail, fast turn over of vacancies and low maintenance expense maximizes our clients return on their investment.

We are the largest locally-owned property management company on the California central coast.
Mangold Property Management is responsible for the full charge management of approximately 2,300 rental units and over 300,000 square feet of commercial space in the greater Monterey Bay area.

We manage all types of properties.
Mangold Property Management's portfolio of properties managed includes Single Family Residential, Multi Family Residential, Office Commercial, Retail Commercial, Shop/Warehouse Commercial, and Mixed use Commercial/Residential.

Our reputation speaks for itself.
Growing steadily since its inception, Mangold Property Management does very little to solicit new clients, relying on its reputation for excellence in the field to increase its clientele, business and annual revenue.

Mangold Property Management acts as a receiver and property manager for lending institutions and conservators.
For these cases (and others who require it) Mangold Property Management has a varied array of resources to engage in the rehabilitation and restoration of distressed properties. Bonded and insured for $2,000,000.00 in liability, Mangold Property Management accurately accounts for over $25,000,000.00 in revenue and expenses annually.

Client Profile:

Managing over a half a billion dollars in real estate, Mangold Property Management manages properties from major investors with assets in excess of $50,000,000 to clients with a single house to rent. Providing the same level of professional service to all our clients large and small, results in long term client retention. Many of our clients have been with us more than 15 years. Whether a local or absentee client, Mangold Property Management is able to respond to each of our 350 client's individual needs.

History:

Known to his colleagues as Tom, Thomas Hans Mangold was born in Germany in 1952. Mr. Mangold has 28 years experience in the property management field. A graduate of the University of California at Los Angeles, he began his career working the hotel management industry, transferring to real property management in the mid 1970's. Mr. Mangold obtained a California Real Estate Salesperson License in 1978, and his Real Estate Broker's License in 1981.

Mr. Mangold is a member of NARPM (National Association of Residential Property Managers), the Better Business Bureau of Silicon Valley and the Monterey Peninsula Chamber of Commerce. He continues to attend courses and seminars relating to the management of Real Property. An owner of several residential and commercial investment properties, Mr. Mangold understands the need to maximize the return on the investment while protecting and enhancing the asset value of the investment.

As a Place to Work:

Mangold Property Management employs a staff of eighty, including five licensed Property Managers. Business office and resident management staff turn-over is minimal. Mangold Property Management's wages and salaries far exceed those typical for the area. This company has a proven record of offering excellent opportunities for employees to advance within its organization. Mangold Property Management has an ongoing, long-term relationship with numerous vendors in the area including three licensed general contractors, whose companies provide general maintenance service on a 24 hour 365 days a year basis.