Real Estate Investing in Cerritos, California (90703)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 90703 (Cerritos, CA)? Our answer, based on the numbers below.
Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.
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.
- High price-to-rent: Price-to-rent ratio 26.2 — hard to cash-flow at these prices.
What’s happening in Cerritos, CA (90703)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 90703 Cerritos
The 90703 ZIP in Cerritos, CA is a local-operator market. Outside capital chasing a $1.1M entry has to pair deep knowledge with the discount.
The investment case in 90703 is healthy only for operators who understand what they are buying. A $1.1M median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
The gap between 90703 and stronger Cerritos ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
The demographic picture in 90703 includes headwinds that any investor should price in. Income distribution skews lower than Cerritos averages, and tenant stability requires active management.
The 90703 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 Cerritos:
Property Strategy for 90703
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $218,986 | $3,130 | 10.3% | -2.9% | $218,986 |
| 2BR | $533,587 | $3,900 | 5.3% | +5.6% | $266,793 |
| 3BR | $959,123 | $4,940 | 3.7% | +7.6% | $319,708 |
| 4BR | $1,119,155 | $5,510 | 3.5% | +7.6% | $279,789 |
| 5BR | $1,279,339 | — | — | +7.3% | $255,868 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 90703 Compare?
| Metric | 90703 | Cerritos | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,097,084 | $1,097,084 | N/A | $761,003 |
| 5-Year CAGR | 5.9% | 5.9% | N/A | 5.7% |
| Avg Rent | $3,488 | $3,488 | N/A | - |
| Cap Rate | 2.5% | 2.5% | - | - |
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 90703 (Cerritos, 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 | $1,097,084 |
| Monthly Rent | $3,488 |
| Price-to-Rent | 26.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.8% |
| Cap Rate | 2.5% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +5.3% ▲ |
| 3-Year CAGR | +6.0% ▲ |
| 5-Year CAGR | +5.9% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | +5.0% ▲ |
| 3-Year CAGR | +4.6% ▲ |
| 5-Year CAGR | +5.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.5%). 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 90703
Population: 48,607
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 90703
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 2,009 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are landlord laws favorable in Cerritos, CA?
Cerritos, CA operates under CA law, which is tenant-protective overall for landlords. Expect stable treatment in typical lease and eviction cases.
How do experienced investors play Cerritos, CA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Cerritos, CA. The numbers - $1.1M homes against $3,488/mo rents - support that play.
How much does a house cost in Cerritos, CA?
Homes in Cerritos, CA typically sell near $1.1M. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
Is Cerritos, CA a good market for buy-and-hold investors?
Our data puts Cerritos, CA at 3.0/5 for investability. Home prices of $1.1M and rents around $3,488/mo create a solid backdrop for investor activity.
What kind of tenants rent in Cerritos, CA?
Cerritos, CA offers a reliable renter base at the $3,488/mo rent level. Tenant turnover is reasonable for well-managed properties.
You know 90703 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 90703 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 90703 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
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