Company portrait
Profile and services
- Primary profession
- Property manager
- Location
- San Diego, United States
- Specialism
- –
- Other professions
- –
- Online consulting
- Not stated
- Coverage
- Regional
- Languages
- English
- Profile status
- Editorially documented
- Website
- www.pennyrealty.com/
Profile at a glance
- Profession
- Property manager
- Focus
- Not stated
- Location
- San Diego
- Languages
- English
- Online consulting
- Not stated
- Data as of
- 04/10/2026
- Google data checked
- 04/10/2026
What to look for in San Diego
With property managers in San Diego, responsiveness, timely statements and certification under § 26a WEG matter.
Editorial note for orientation – not legal or investment advice.
How the first contact works
- 1
Describe the property: owners' association or rental block, units, switch date.
- 2
Reply with questions and a fee proposal.
- 3
Viewing and meeting with the advisory board or owner.
- 4
Appointment by resolution (WEG) and management contract.
Common questions before you enquire
Must the manager be certified?
Since December 2023, owners in a German owners' association are generally entitled to a certified manager (§ 26a WEG).
What does property management cost?
Usually a flat fee per unit and month; extra services are often charged separately. Ask for a written list of services.
Guides on this topic
Profile summary
Penny Realty, Inc. Property Management at a glance
Penny Realty, Inc. is a real estate company offering property management in San Diego. According to its website, the company was founded in 1965. Greg Flaherty acquired full ownership in 1995 and is identified as President and Broker of Record. The business describes itself as family-owned and reports managing more than 600 rental units.
Its services include management of residential, multifamily and commercial properties, vacation rental management, and real estate sales. For residential rentals, Penny Realty lists marketing, resident screening, rent collection, maintenance coordination, and accounting. Its stated screening process covers credit, income, background, and rental history.
Residents can submit maintenance requests through an online portal. Penny Realty coordinates outside vendors and handles repair approvals according to the management agreement. Vendor invoices and receipts accompany monthly statements, while an owner portal provides additional access to information. The company advertises round-the-clock response for urgent maintenance issues.
Its listed service area includes San Diego and other communities and neighborhoods such as La Jolla, Pacific Beach, Carlsbad, and Chula Vista. The supplied Google data shows a rating of 4.8 out of 5 from 517 reviews.
Automatically summarised from the company's publicly available information, as of 04/10/2026. Not individually verified by the editors. Sources: pennyrealty.com, pennyrealty.com, pennyrealty.com, pennyrealty.com
Services according to the company
- Residential property management
- Multifamily property management
- Commercial property management
- Vacation rental management
- Real estate sales
- Rental property marketing and rental pricing
- Resident screening
- Rent collection and owner disbursements
- Maintenance coordination, inspections, and preventive property care
- Accounting and monthly statements
Editorial context
Working with a provider in San Diego – what matters
When choosing a property manager in San Diego, first establish whether the specific property and intended rental model fit the provider’s services. Penny Realty lists residential, multifamily, commercial, and vacation rental management. Owners should therefore ask which procedures, contacts, and billing arrangements apply to their property type. A location appearing in the service area does not by itself confirm that a particular property will be accepted.
Before signing an agreement, it is useful to document the condition required for the property to be ready for rental. This should cover necessary work, estimated costs, owner approval, and a timetable for marketing. Since Penny Realty offers screening and marketing, relevant questions also include its screening criteria, how the asking rent is determined, and how leasing inquiries are reported. Statements about past results should not be treated as promises for an individual property.
For ongoing management, repair authorization, spending limits, and responsibility during urgent incidents deserve attention. Given the maintenance portal and monthly supporting documents described by the company, owners should clarify how decisions are recorded and how unresolved issues can be tracked. Consistent communication channels and handover arrangements when the assigned manager changes are also important.
Finally, management fees, potential additional charges, and the conditions of advertised guarantees should be reviewed in writing. Google reviews can provide additional perspectives on communication and service, but reflect individual experiences rather than replacing a review of the actual proposal. These points are general guidance, not legal advice.
Editorial context based on documented profile details, as of 04/10/2026. General information, not legal or investment advice.
Opening hours
- Monday: 9:00 AM – 5:00 PM
- Tuesday: 9:00 AM – 5:00 PM
- Wednesday: 9:00 AM – 5:00 PM
- Thursday: 9:00 AM – 5:00 PM
- Friday: 9:00 AM – 5:00 PM
- Saturday: Closed
- Sunday: Closed
Source: Google, as of 04/10/2026
Questions & answers
What types of properties does Penny Realty manage?
The website lists residential, multifamily, and commercial properties, as well as vacation rentals. Whether a specific property can be accepted should be confirmed directly through the contact form.
Which areas does Penny Realty serve?
The listed service areas are San Diego, Pacific Beach, Mission Beach, La Jolla, Ocean Beach, Oceanside, Carlsbad, Carmel Valley, Chula Vista, Encinitas, Escondido, Rancho Bernardo, Point Loma, Clairemont, Mira Mesa, and Rancho Penasquitos.
How does Penny Realty handle repairs and urgent maintenance?
Residents can submit requests through an online portal. The company coordinates vendors and communication with residents and owners. Repair approvals follow the management agreement. The website states that urgent issues receive a round-the-clock response; invoices and receipts are provided with monthly statements.
What does Penny Realty check when screening prospective residents?
According to the website, screening covers credit, income, background, and rental history. Specific acceptance criteria are not described in the supplied excerpts and should be requested through the contact form.
What management fees and guarantees does Penny Realty list?
The supplied website excerpts do not provide specific management fees. Advertised guarantees include a 90-day money-back guarantee with an additional $500, a 12-month lease guarantee, a 30-day rental guarantee, and additional pet damage coverage of up to $1,000. Pricing and complete guarantee terms should be requested directly through the contact form.
Experiences & reviews
Experiences and reviews of Penny Realty, Inc. Property Management
Here we collect client experiences and publicly available reviews. Every review on our site is checked by the editors before publication.
Reviews on our site
There are no verified reviews for Penny Realty, Inc. Property Management here yet.
The bars fill as soon as the first verified review is published.
Google reviews of the company
4.8out of 5 on Google · 517 reviews
For these 517 reviews Google only publishes the overall score and count, no breakdown by stars and at most 5 individual review texts. A star distribution could therefore not be substantiated. As of 04/10/2026.
See all reviews on GooglePositive voices
No positive reviews published yet.
Critical voices
No critical reviews so far.
Selected reviews on Google
The supplied Google data lists a rating of 4.8 out of 5 from 517 reviews. Across the provided selection, reviewers repeatedly highlight prompt, professional communication and service they consider reliable. Two reviews specifically praise Joy Kane, particularly for handling maintenance requests and resolving problems. Vacation rental guests also praise cleanliness, accommodation features, or location and views. The included critical owner review instead describes renovation requirements communicated late, a flooding incident allegedly caused by a vendor, unresolved damage issues, changes in assigned managers, and an incorrect move-out date supplied in writing. That critical review is available only as a truncated excerpt. This summary covers the supplied selection only and is not representative of all reviews.
We had an outstanding experience with Penny Realty. The home was absolutely beautiful, clean, and exactly as described. Communication was prompt, professional, and made the entire process seamless from booking to checkout. Everything exceeded our expectations, and we truly have nothing negative to say. We highly recommend Penny Realty and look forward to booking with them again in the future.
I have been a tenant with Penny Realty, and I can’t say enough great things about my property manager, Joy Kane. She has been absolutely amazing throughout my tenancy. Joy is professional, responsive, knowledgeable, and truly cares about both the property and the tenants. Any time I’ve had a question or maintenance request, she has responded quickly, kept me informed, and made sure everything was handled efficiently. She is always courteous, respectful, and goes above and beyond to provide excellent customer service. It’s refreshing to work with a property manager who genuinely cares and takes pride in what she does. If you’re looking for someone who is reliable, honest, and dedicated, I highly recommend Joy Kane and the team at Penny Realty. Thank you, Joy, for making renting such a positive experience! You are awesome 👍🏻
Thank You Joy C. Kane After managing a small rental house remotely myself for many years I tried a gazillion property management companies with complete disgust. Initially skeptical of Penny Realty, finally the property was assigned to Joy Kane. I've been "joyfully" (couldn't resist) blown away with her quick efficient problem resolution skills, a well qualified tenant, a higher rent, and a nicer property. My fingers are still crossed. If anyone can uncross them it's Joy. I wish I had her help starting about 10 years ago. My hair would be less gray and my bank account a bit higher. Thank you Joy C. Kane with Penny Realty. Please continue to be so incredibly diligent and effective. You bailed me out of a big problem and did it efficiently and diplomatically. Thank you.🙏🙂
This was the worst experience I’ve had with any property management company. Its weird that almost two months after I signed the management agreement, they suddenly told me I had to spend thousands of dollars on renovations before they would rent my property. That included repainting the entire interior even though it had been painted about a year earlier. I don’t have a problem with standards. I have a problem with waiting almost two months to tell me. That conversation should have happened the week we signed, not after my property sat vacant. Then one of their vendors was involved in a flooding incident that caused thousands of dollars in damages. I spent months trying to get it resolved and got nowhere. Instead of fixing the problem, they kept assigning me new property managers. The worst part was when they gave me the wrong tenant move out date in writing. They were off by one mon
We had an amazing time the location is perfect and the view from our balcony was perfect . The condo was clean and extra spacious we had a TIME!
Selection of up to five reviews provided by Google, shown unchanged; summary generated automatically. These reviews are not included in the rating on our site.
Offensive posts, anonymous abuse and posts without a recognisable client relationship are not published. Reviews are subjective individual experiences.
Services in this field explained
Management of a homeowners' association (WEG) looks after the jointly owned parts of a building.
Must the manager be certified? Since 1 December 2023 owners can require a certified manager (§ 26a German Condominium Act).
Rental management looks after let properties on behalf of the owner.
What does rental management cost? Fees are usually agreed per unit and month and depend on property size and scope of services.
Getting there
- Mission Bl & Hornblend St· ca. 50 m
- Place· ca. 160 m
- Mission Bl & Thomas Av· ca. 170 m
Nearby stops according to Google, straight-line distance.
Questions for the company
No public questions yet. Ask the first one.
Similar providers with a comparable focus
Selected by field, city and focus – no ranking, no paid placement.
Sources and transparency
Profile status is not a guarantee of quality, financial strength or superiority. It indicates how the published details were documented.
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