Real Estate Investing in Los Angeles, California (90048)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 90048 (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: 15.9% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (1.2% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 43.7 — hard to cash-flow at these prices.
What’s happening in Los Angeles, CA (90048)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 90048 Los Angeles
ZIP 90048 in Los Angeles, CA carries a healthy set of headwinds. Home values near $1.8M and rents of $3,374/mo sit inside a market where underwriting has to be tight.
The 90048 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
Within CA, ZIP 90048 trails on several market indicators that neighboring Los Angeles County submarkets outperform. The gap is real and healthy enough to shape underwriting.
Looking more closely, 20,796 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 90048 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Los Angeles:
Property Strategy for 90048
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $591,657 | $2,780 | 3.4% | -1.1% | $591,657 |
| 2BR | $1,195,737 | $3,470 | 2.1% | -0.3% | $597,869 |
| 3BR | $1,838,589 | $4,400 | 1.7% | +1.0% | $612,863 |
| 4BR | $2,548,165 | $4,900 | 1.4% | +1.8% | $637,041 |
| 5BR | $3,296,729 | — | — | +1.8% | $659,346 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 90048 Compare?
| Metric | 90048 | Los Angeles | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,768,731 | $1,025,392 | N/A | $761,003 |
| 5-Year CAGR | 1.2% | 2.1% | N/A | 5.7% |
| Avg Rent | $3,374 | $3,041 | N/A | - |
| Cap Rate | 1.5% | 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 90048 (Los Angeles, CA). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 90048 (Los Angeles, CA)?
~25 seconds · no account needed · your report is anonymous
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 | $1,768,731 |
| Monthly Rent | $3,374 |
| Price-to-Rent | 43.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.3% |
| Cap Rate | 1.5% |
| 5-Year IRR | 2.7% |
📈 Home Appreciation
| 1-Year | +7.9% ▲ |
| 3-Year CAGR | -0.6% ▼ |
| 5-Year CAGR | +1.2% ▲ |
| 10-Year CAGR | +5.7% ▲ |
🏠 Rent Trends
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +1.6% ▲ |
| 5-Year CAGR | +3.7% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.5%). 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 90048
Population: 20,796
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 90048
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
Pio Pico Middle
Alta Loma Elementary
Hubert Howe Bancroft 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
Frequently Asked Questions
Where do home prices stand in Los Angeles, CA?
Median home price in Los Angeles, CA is near $1.8M, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
What is the tenant pool like in Los Angeles, CA?
Tenant demand in Los Angeles, CA is solid. The local workforce $3,374/mo rents across most rental classes.
Is CA a landlord-friendly state?
Rental owners in Los Angeles, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
Can owner-occupants cash flow in Los Angeles, CA?
House hacking in Los Angeles, CA is reasonable to execute. Prices around $1.8M and rents of $3,374/mo solid owner-occupant economics.
Which investment style suits Los Angeles, CA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Los Angeles, CA. The numbers - $1.8M homes against $3,374/mo rents - support that play.
You know 90048 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 90048 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 90048 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 90048 (Los Angeles)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 90048 (Los Angeles, CA).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.