Real Estate Investing in Los Angeles, California (90002)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 90002 (Los Angeles, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Elevated poverty: 22.6% poverty rate — can affect rent collection.
- Higher unemployment: 7.0% unemployment — tenant risk signal.
What’s happening in Los Angeles, CA (90002)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 90002 Los Angeles
Not every below-median market is a bargain. Los Angeles's 90002 ZIP posts signals that favor experienced operators who can absorb the risk $596K pricing implies.
Rent of $2,965/mo on a $596K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 90002 sits below the stated 0.0% once reality is priced in.
ZIP 90002's metrics run below Los Angeles County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 90002 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
The 90002 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Los Angeles:
Property Strategy for 90002
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $466,224 | $1,630 | 2.5% | +5.8% | $466,224 |
| 2BR | $536,866 | $2,070 | 2.8% | +5.4% | $268,433 |
| 3BR | $598,463 | $2,650 | 3.2% | +5.4% | $199,488 |
| 4BR | $645,631 | $2,920 | 3.3% | +5.0% | $161,408 |
| 5BR | $709,653 | — | — | +4.4% | $141,931 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 90002 Compare?
| Metric | 90002 | Los Angeles | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $596,208 | $1,025,392 | N/A | $761,003 |
| 5-Year CAGR | 3.5% | 2.1% | N/A | 5.7% |
| Avg Rent | $2,965 | $3,041 | N/A | - |
| Cap Rate | 3.9% | 2.3% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 90002 (Los Angeles, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $596,208 |
| Monthly Rent | $2,965 |
| Price-to-Rent | 16.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 7.4% |
📈 Home Appreciation
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +1.9% ▲ |
| 5-Year CAGR | +3.5% ▲ |
| 10-Year CAGR | +7.6% ▲ |
🏠 Rent Trends
| 1-Year | -4.6% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 90002
Population: 52,735
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 90002
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 5,311 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Los Angeles, CA better for rentals, flips, or BRRRR?
Los Angeles, CA investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($596K prices, $2,965/mo rents) make it a reasonable choice.
Are tenants stable in Los Angeles, CA?
Working renters make up the core of the Los Angeles, CA tenant base. The pool is reasonable for investors targeting long-term holds.
What is the average monthly rent in Los Angeles, CA?
Expect rents around $2,965/mo per month in Los Angeles, CA. With home values at $596K, the yield math works out to reasonable levels for rental investors.
Is Los Angeles, CA a friendly market for rental owners?
Los Angeles, CA falls under CA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How quickly do rentals get leased in Los Angeles, CA?
Los Angeles, CA carries elevated vacancy risk. Expect steady absorption at market rents of $2,965/mo.
You know 90002 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 90002 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 90002 ranks in Los Angeles-Long Beach-Anaheim, CA
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