Job Description

About The Role

We are seeking a self-motivated, analytical, and highly organized Operations Associate to support our growing real estate investment company across asset management, property management, and acquisitions. This role works closely with ownership and senior leadership and provides hands-on exposure to the full real estate investment lifecycle - from sourcing and underwriting new deals, performing due diligence and market research, repositioning new assets through capital improvements, and day to day operations.

This is not a traditional operations role. This position is ideal for someone looking to build a long-term career in real estate investment and grow into a senior role within our organization. We operate with a bottom-up philosophy: every team member begins by building deep expertise in day-to-day operations - the lifeblood of our real estate business - before expanding into broader responsibilities across management, strategy, or acquisitions.

About AZ Investments

Founded in 2020, AZ Investments (AZI) is a vertically integrated real estate investment and operating company focused on acquiring, repositioning, and managing multifamily assets.

Since inception, AZI has acquired 13 properties, with an aggregate value of $75M+. Many of these assets have undergone significant renovations, with multiple completed refinances and one successful sale, going through the full investment cycle on many occasions.

To further strengthen operations, AZI launched its in-house property management company, Managed A2Z, in 2023. In 2024, the firm expanded its vertical integration with Statera, an affiliated design, materials, and renovation company that manages capital improvement projects across the portfolio.

Today, AZI owns and manages 14 properties totaling 238 units and has built its systems, team, and infrastructure to continue its growth into the future. With a strong focus on technology, process optimization, and operational efficiency, AZI operates its portfolio at a level that is highly competitive within its markets.

• Source and evaluate multifamily acquisition opportunities
• Underwrite deals and work in financial models
• Review offering memorandums, rent rolls, and T-12 financials
• Conduct market research and rent comps analysis
• Assist with writing and submitting offers and LOIs
• Support due diligence and deal execution

Asset Management

• Track financial and operational performance of the portfolio
• Assist with budgets, forecasts, and variance analysis
• Support capital improvement execution
• Assist with refinance and exit preparation

Property Operations & Leasing

• Support day-to-day property operations
• Coordinate internally and with external vendors to complete repairs and maintenance
• Assist with lease renewals and new leases, including prospect communication, tours, applications, and move-ins
• Ensure resident satisfaction - the company’s top priority

Systems & Process Improvement

• Work within AppFolio and internal systems
• Assist with reporting, dashboards, and documentation
• Identify opportunities to improve workflows and operational efficiency

• Strong interest in real estate investment and operations
• Superior organizational and communication skills
• Ability to manage multiple priorities in a fast-paced environment
• High level of ownership, accountability, and attention to detail
• Comfort working with spreadsheets, numbers, and basic financial analysis
• Personal mode of transportation to travel between properties
• Active California real estate license OR eligibility to sit for the real estate licensing exam

Preferred (Not Required)

• Bachelor’s or Master's degree in Real Estate, Finance, Business, Economics, or a related field
• Experience in real estate, property management, or finance
• Exposure to underwriting or financial modeling
• Familiarity with AppFolio or similar property management software
• Spanish-speaking

Relevant experience or demonstrated interest in real estate investment and operations will be considered in lieu of formal education.

Growth & Development

This role is designed with a clear growth path. High performers will have the opportunity to take on increased responsibility in acquisitions and asset management and grow into Acquisitions Associate, Asset Manager, or Corporate Operations roles.

Additional Information

Candidates may be asked to complete a brief exercise related to underwriting, operations, or deal evaluation.

Compensation: This is a non-exempt position with a target starting salary of $50,000–$60,000, depending on experience.

Location: San Diego – Little Italy / Work to be completed in the office and on-site at the properties.

Employment Type: Full Time

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