Real Estate Investing in Los Angeles, California (90029)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 90029 (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.
- Declining values: -2.2% 5-year CAGR — values have moved lower.
- Elevated vacancy: 11.1% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 35.9 — hard to cash-flow at these prices.
What’s happening in Los Angeles, CA (90029)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 90029 Los Angeles
ZIP 90029 in Los Angeles, CA carries a impressive set of headwinds. Home values near $971K and rents of $2,254/mo sit inside a market where underwriting has to be tight.
Rent of $2,254/mo on a $971K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 90029 sits below the stated 0.0% once reality is priced in.
In the broader CA picture, 90029 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
The demographic picture in 90029 includes headwinds that any investor should price in. Income distribution skews lower than Los Angeles averages, and tenant stability requires active management.
Distressed ZIPs reward experience. solid returns are possible in 90029, but they flow to investors who already understand how to operate in soft markets.
Here's what matters if you're considering buying a home in Los Angeles:
Property Strategy for 90029
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $611,514 | $2,050 | 2.4% | -5.4% | $611,514 |
| 2BR | $862,827 | $2,560 | 2.1% | -0.3% | $431,414 |
| 3BR | $1,038,844 | $3,250 | 2.3% | -1.5% | $346,281 |
| 4BR | $1,109,783 | $3,610 | 2.3% | -2.1% | $277,446 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 90029 Compare?
| Metric | 90029 | Los Angeles | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $970,915 | $1,025,392 | N/A | $761,003 |
| 5-Year CAGR | N/A | 2.1% | N/A | 5.7% |
| Avg Rent | $2,254 | $3,041 | N/A | - |
| Cap Rate | 1.8% | 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 90029 (Los Angeles, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 90029 (Los Angeles, CA)?
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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 | $970,915 |
| Monthly Rent | $2,254 |
| Price-to-Rent | 35.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.8% |
| Cap Rate | 1.8% |
| 5-Year IRR | N/A |
📈 Home Appreciation
| 1-Year | +0.0% ▲ |
| 3-Year CAGR | -3.9% ▼ |
| 5-Year CAGR | -2.2% ▼ |
| 10-Year CAGR | +3.8% ▲ |
🏠 Rent Trends
| 1-Year | -2.9% ▼ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +2.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.8%). 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 90029
Population: 33,830
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 90029
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Wilton Place Elementary
Ambassador School-Global Education
Ambassador-Global Leadership
Atwater Avenue Elementary
Berendo 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 7,150 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Los Angeles, CA a friendly market for rental owners?
For rental operators, Los Angeles, CA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
How strong is tenant demand 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 do rentals go for in Los Angeles, CA?
Average rent in Los Angeles, CA is approximately $2,254/mo per month. Against $971K home values that yields a reasonable rent-to-price ratio.
Can I house hack in Los Angeles, CA?
Los Angeles, CA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $971K price point reasonable to enter.
Which real estate strategy fits Los Angeles, CA?
The best-fit strategy in Los Angeles, CA is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
You know 90029 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 90029 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 90029 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
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