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Santa Monica-Malibu Unified School District·California

Property Management Services

Closes 3/12/2026$500k – $1.5MRequest for Proposal
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Description

The Santa Monica‑Malibu Unified School District (SMMUSD) is seeking a qualified property‑management firm to provide full‑service management of its off‑site, district‑owned properties. The contract will be issued on an annual “purchase order” basis and will require the vendor to handle financial administration, leasing, maintenance coordination, compliance, risk management, and regular reporting. Attendance at two mandatory, on‑site job‑walks is required for all prospective bidders, and all questions must be submitted by the clarification deadline. The award is targeted for mid‑March, with the contract expected to run for one year and be renewable annually. • Manage day‑to‑day operations of two off‑site properties (Colorado Ave and 16th/17th St.) • Provide monthly accounting, budgeting, rent‑roll reporting, and audit support (reports due 15th of following month) • Supervise District‑approved vendors (no direct contracting) • Ensure compliance with California Education Code, Public Contract Code, and District policies • Deliver annual property‑management services via yearly purchase orders, with potential renewal each fiscal year

Attached files

Contact

Melethia Pride

[email protected]

(310) 450-8338

Key dates

Opened
2/2/2026
Questions due
2/20/2026
Pre-bid meeting
2/18/2026Mandatory
Site visit
2/23/2026Mandatory
Closes
3/12/2026
Projected award
3/19/2026
Duration
1 year

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531312
Solicitation №
RFP #26.09

Budget estimate

$500,000 – $1,500,000

No contract value is disclosed. Based on typical annual property‑management fees for two medium‑size commercial properties in the Los Angeles market (roughly 20,000–30,000 sq ft total), annual fees often range from 5 % to 10 % of gross rental income. Assuming combined annual rental income of $5 M–$15 M, the management fee would be approximately $250 k–$1.5 M. Adding oversight of vendors and reporting could push the top end higher, so a realistic ball‑park estimate is $500 k to $1.5 M per year.

AI estimate from the solicitation

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