Real Estate Investing in Los Angeles, California (90024)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 90024 (Los Angeles, CA)? Our answer, based on the numbers below.
Multiple negative signals. Better options likely exist nearby.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- High vacancy: 17.1% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.6% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 34.2 — hard to cash-flow at these prices.
What’s happening in Los Angeles, CA (90024)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 90024 Los Angeles
ZIP 90024 inside Los Angeles County looks affordable on the surface — median value of $1.4M — but the discount exists for reasons that a careful buyer should understand before committing.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.4M asset, 90024 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 90024'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 90024 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 90024 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Los Angeles:
Property Strategy for 90024
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $600,149 | $3,090 | 3.7% | +0.3% | $600,149 |
| 2BR | $1,038,405 | $3,850 | 2.7% | +1.0% | $519,203 |
| 3BR | $2,193,673 | $4,880 | 1.6% | +3.9% | $731,224 |
| 4BR | $3,397,299 | $5,440 | 1.2% | +3.6% | $849,325 |
| 5BR | $4,682,875 | — | — | +3.0% | $936,575 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 90024 Compare?
| Metric | 90024 | Los Angeles | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,355,204 | $1,025,392 | N/A | $761,003 |
| 5-Year CAGR | 0.6% | 2.1% | N/A | 5.7% |
| Avg Rent | $3,304 | $3,041 | N/A | - |
| Cap Rate | 1.9% | 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 90024 (Los Angeles, CA). Anonymous, moderated, never written by AI.
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Property managers serving Los Angeles County
Manage rentals here? List your business →A Better Property Management Company Inc. provides property management services in Long Beach, Seal Beach, and Southern California. summary from their website
ACF Property Management leases shopping center spaces nationwide, managing over 37 shopping centers in 11 states from California to Florida. summary from their website
summary from their website summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $1,355,204 |
| Monthly Rent | $3,304 |
| Price-to-Rent | 34.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.9% |
| Cap Rate | 1.9% |
| 5-Year IRR | 2.5% |
📈 Home Appreciation
| 1-Year | +3.4% ▲ |
| 3-Year CAGR | -0.3% ▼ |
| 5-Year CAGR | +0.6% ▲ |
| 10-Year CAGR | +3.6% ▲ |
🏠 Rent Trends
| 1-Year | -10.6% ▼ |
| 3-Year CAGR | -1.8% ▼ |
| 5-Year CAGR | +0.8% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). 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 90024
Population: 50,830
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 90024
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Beverly Vista Middle
Horace Mann Elementary
Hawthorne Elementary
Beverly Hills High
Daniel Webster Middle
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 9,227 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Which investment style suits Los Angeles, CA?
A careful cash-flow rentals with hands-on management strategy Los Angeles, CA best. The market produces steady results for that approach at the $1.4M price point.
Do landlords face vacancy issues in Los Angeles, CA?
Rental vacancy in Los Angeles, CA is elevated. Investors should budget normal turnover but not chronic empty units.
What kind of market is Los Angeles, CA for investors?
Investors tracking Los Angeles, CA will find a 2.0/5 rating supported by $1.4M median home values and $3,304/mo rents. That profile suits long-term holders targeting reliable returns.
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.
Where do home prices stand in Los Angeles, CA?
Los Angeles, CA home values average about $1.4M. That price point suits investors targeting rentals with $3,304/mo in monthly income.
You know 90024 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 90024 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 90024 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
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