Vacancy is normal, even for great properties. The key is planning for it so it doesn’t feel like a surprise. A smart vacancy budget covers downtime, make ready costs, and any improvements needed to stay competitive.
Your vacancy budget should include
- Lost rent during downtime
- Turnover costs (cleaning, paint, minor repairs)
- Landscaping and exterior touch ups
- Marketing and showing coordination
- Utility carry costs while vacant
- Optional upgrades that improve leasing speed
What influences vacancy length in Southern California
- Pricing relative to current demand
- Property condition and move in readiness
- Photos, listing quality, and showing availability
- Tenant screening standards and speed
- Time of year and local market patterns
Where to get local context
Use the county sites for county specific leasing conditions and strategy.
San Diego County : https://palomaroakspropertysd.com/
Orange County : https://palomaroakspropertyoc.com/
Los Angeles County : https://palomaroakspropertyla.com/
