Built by owners, for owners

Southern California multifamily specialists since 1980.

We manage multifamily communities across Southern California for institutional investors and family owners who expect clear numbers, well-kept buildings, and residents who stay.

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By the numbers
23%
Average year 1 NOI improvement
70%+
Average tenant renewal rate
3
Regional offices
The difference
Grant Lewis
Paul Davis
"We believe in doing it right or not at all. We designed our three pillars to take care of properties, owners, and tenants the right way."
Grant Lewis & Paul Davis, Partners at Coves
Coves maintenance van
Pillar 01

Well-kept property

We know every system in your building, and when it will need attention. Every system is logged with its age and useful life. In-house technicians on our payroll.

Inspection
schedule
Illustrative
Roof inspectionAnnual
HVAC serviceQuarterly
Smoke & CO detectorsSemi-annual
Pest controlMonthly
Useful life
remaining
Illustrative
Roof14 of 25 yrs
HVAC6 of 15 yrs
Water heaters3 of 12 yrs
Appliances9 of 14 yrs
Pillar 02

Resident experience

Good residents are your best asset. We work to keep them. Coves Living rewards on-time rent and passed inspections, and turns a building into a community.

Residents welcoming a neighbor at their door
Pillar 03

Financial discipline

Every building run like the business it is. Budgets rebuilt from zero every year. Clear monthly reporting, so owners know where every dollar goes.

Budget, rebuilt
from $0
Illustrative
Landscaping$38,400
Insurance$71,200
Utilities$52,900
Pest control$6,100

Every line justified again,
every year

Monthly owner
report
Illustrative
 ActualBudget
Income$142.6K$140.0K
Expenses$58.3K$61.5K
NOI$84.3K$78.5K
Our mission

To be the multifamily operator of choice through operational excellence.

Our history

46 years of Southern California operating history.

19802026
Initial office founded in Los Angeles CountyToday
01

46 years of data

Decades of operating costs, rents, and turnover across Southern California properties inform every budget and decision.

02

Established vendor relationships

Long-standing relationships with trades and suppliers across Southern California mean better pricing and faster response.

03

A proven track record

Owners have trusted this office through every market cycle for more than four decades.

Services

Full-service management. Everything a building needs to run.

Property types we serve
01

Multifamily properties

Apartment communities managed as operating businesses.

02

Single family rentals

Individual homes and portfolios, held to the same standard.

Financial

  • Zero-based annual budgeting
  • Monthly owner reporting and variance analysis
  • Accounts payable and receivable
  • Rent collection and delinquency management
  • Capex reserve planning
  • Property tax and insurance review

Operations and maintenance

  • In-house technicians and 24-hour emergency response
  • Work order intake and tracking
  • Preventive maintenance schedules
  • Unit turns and make-ready
  • Building system audits
  • Asset register: make, model, age, remaining life
  • Vendor bidding and oversight

Leasing and marketing

  • Property-specific brand and website
  • Listing syndication and lead tracking
  • Showings and applicant screening
  • Lease execution and renewals
  • Market rent studies and pricing

Residents and compliance

  • A dedicated manager assigned to each property
  • Resident communication and move-in onboarding
  • Renewal program
  • Notices, evictions, and collections
  • Fair housing and local ordinance compliance
  • Inspections and habitability standards
Service area

Now accepting properties in Orange County and Los Angeles County.

From our Covina and Laguna Beach offices, our coverage extends east into the Inland Empire.

Map of Southern California showing the Covina office and Laguna Beach headquarters
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Leadership
01

Grant Lewis

Partner, Broker of Record

02

Paul Davis

Partner

03

Charles Rushman

Controller

04

Lauren Davis

Board Member

Headquarters

Laguna Beach, California.

Coves Property Management
1550 S Coast Hwy Ste 202
Laguna Beach, CA 92651
Coves office interior
Contact

Request a property review.

Tell us about your property. A partner will follow up to schedule a review and walk through the numbers.

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