Mark Andersen & Associates

What Mark Andersen & Associates does

Mark Andersen & Associates, Realtors, Inc. is a privately held property management and real estate services firm headquartered in Covina, California, in continuous operation since 1980. The firm serves small and mid-sized residential landlords, tenants, and select commercial clients across 26+ communities in the San Gabriel Valley, including Covina, Monrovia, Glendora, Azusa, and West Covina. Its service mix spans full-service property management, tenant placement, residential and commercial leasing, and brokerage, with managed inventory covering studios ($1,225-$1,695) through 3-4 bedroom single-family houses ($2,595-$3,850), plus commercial product at approximately $5,250 per month.

The firm's operating stack is built on AppFolio, a third-party property management SaaS, which powers its tenant and owner portals, online rental applications ($35 per adult), and listing syndication. There is no evidence of proprietary software, in-house AI/ML capability, or differentiated technical assets; technology adoption is standard for the small-operator segment of U.S. residential property management. Distribution is local, driven by web presence, referrals, and community-by-community coverage rather than paid acquisition at scale.

The business model combines per-application tenant fees with recurring property management fees on the managed portfolio, alongside transactional revenue from sales and lease-up activities. Both customer segments — landlords and tenants — are highly fragmented and SMB-skewed, with no disclosed enterprise anchor accounts. As a private, low-disclosure firm with 11-50 employees, financial visibility is limited, and the model is best characterized as a stable, niche regional operator rather than a scaling platform.

Name

Mark Andersen & Associates

Legal name

Mark Andersen & Associates, Realtors, Inc.

Website

https://markandersen.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

11–50 employees

Short description

Mark Andersen & Associates is a Covina, California-based property management and real estate firm founded in 1980, serving residential landlords and tenants across 26+ San Gabriel Valley communities through AppFolio-powered management, leasing, and sales services.

Ownership category

akta.pro rank

Product category

Residential Property Management

NAICS

Residential Property Managers (531311), Real Estate Property Managers (53131)

SIC

Operators Of Apartment Buildings (6513), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

Multifamily Apartment Property Management (BPAJAFAA)

akta.pro secondary industry

Single-Family Rental (SFR) Property Management (BPAJAFAB)

Keywords

• Residential property management
• Rental property services
• Tenant placement services
• Landlord management services
• Investment property management

Headquarters

HQ city

Covina

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Rental Application Fees: One-time application fee charged to prospective tenants for screening and processing rental applications. Fee is $35 per adult applicant (18 years or older), payable via cash, money order, cashier's check, or credit/debit card.
2. Property Management Services: Full-service property management for investment property owners in the San Gabriel Valley, including tenant procurement, rent collection, maintenance, financial reporting, and lease enforcement.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Mark Andersen & Associates provides full-service residential and commercial property management for the San Gabriel Valley of California. Services include tenant procurement and screening, rent collection, property maintenance and repairs, lease enforcement, and monthly financial reporting to investment property owners. The firm also acts as a direct landlord, leasing apartments, houses, and commercial units in 26+ local communities, with rent payments, maintenance requests, and applications handled through the AppFolio-powered online portal.

Product overview

Mark Andersen & Associates provides professional property management services for the San Gabriel Valley, serving both residential and commercial tenants and investment property owners. The company's core offering is its property management service, which includes tenant screening, rent collection, property maintenance, and lease management. Technology-enabled services include an Online Tenant Portal powered by AppFolio that enables tenants to pay rent online, submit maintenance requests, and communicate with management, and an Owner Portal that provides property owners with financial statements and investment performance reporting. The company manages featured properties such as Covina Manor apartment complex in West Covina, CA.

Differentiator

Problem solved

Functional benefit

Brands

• Covina Manor: An apartment complex at 832 N. Azusa Ave., West Covina, CA 91791 managed by Mark Andersen & Associates, featuring studio to 2-bedroom units with utilities included.

Products and services

• Property Management Services Full-service residential and commercial property management for the San Gabriel Valley, including tenant placement, rent collection, property maintenance, lease enforcement, and financial reporting to investment property owners.
• Online Tenant Portal Web-based and mobile portal powered by AppFolio enabling tenants to pay rent online, submit maintenance requests, view account information, and communicate with management.
• Owner Portal Web-based portal for investment property owners to access financial statements, property performance reports, and communicate with management.
• Covina Manor (featured rental property) Multi-unit residential apartment complex at 832 N. Azusa Ave., West Covina, CA 91791, offering studio, 1-bedroom, and 2-bedroom units with utilities (electricity, gas, water, trash, sewer) included, pool, coin laundry, and on-site management.

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• AppFoliocoreTechnology or IntegrationAppFolio Property Manager is the core technology platform powering Mark Andersen & Associates' operations. This includes the Online Tenant Portal for rent payments, maintenance requests, and account management; Owner Portal for property owner reporting; and online rental application processing. Available via web and mobile apps for iOS and Android.

Scale indicators3 records

Recent moves5 records

Expansion highlights3 records

Emerging players

• RentRedi: Tech-forward property management software targeting independent landlords and small investors. Comparable because it offers self-service tenant/owner portals that compete with the AppFolio-based offering Mark Andersen uses, and could disintermediate small PM firms by enabling owners to self-manage.

Broad incumbents

• FirstService Residential: Large North American residential property management company. Comparable because it offers full-service management for residential owners/HOAs at scale, with overlapping tenant and owner service capabilities, though it operates across a much broader footprint.
• Greystar Real Estate Partners: Largest global apartment and residential property management firm. Comparable because it provides third-party property management services for residential owners, operates multifamily portfolios in California, and competes for the same pool of investment property owner relationships.
• Asset Living: Major third-party multifamily property manager with extensive California presence. Comparable because it provides full-service residential property management for institutional and individual owners, including tenant screening, rent collection, and maintenance, in the same West Coast markets.
• Essex Property Trust: Large publicly traded multifamily REIT operating apartment buildings across Southern California. Comparable because it operates multifamily rental housing in the same West Coast region, although at significantly larger scale and with owned (rather than managed-for-others) assets.

Direct peers

• HomeRiver Group: Large multi-brand residential property management platform with strong West Coast presence. Comparable because it serves investment property owners across multiple regional markets with a tech-enabled, full-service management offering very similar to Mark Andersen & Associates' model.
• Real Property Management: National franchise-based residential property management company operating in the San Gabriel Valley among other markets. Directly comparable because it offers the same full-service residential property management (tenant placement, rent collection, maintenance, owner reporting) to small investor owners using a technology platform.
• Property Management Inc. (PMI): Franchise-based property management company with local offices serving residential rental owners. Comparable business model (full-service management for SMB/individual investors) and serves the same Southern California submarkets including the Inland Empire communities where Mark Andersen operates.

Others

• AppFolio: Cloud-based property management software platform. Included because it is Mark Andersen & Associates' core technology provider (tenant portal, owner portal, rent collection, maintenance); it is the enabling technology layer underlying the company's service delivery and a key operational dependency.

Regional players

• Tricon Residential: Large single-family rental (SFR) operator and manager. Comparable because Mark Andersen manages single-family rentals as part of its portfolio; Tricon demonstrates the institutional SFR management model that could attract owners away from local managers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/MAndersenSince1981
• LinkedInlinkedin.com/company/andersen-properties

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mark Andersen & Associates