Real Estate Investing in Sierra Madre, California (91024)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 91024 (Sierra Madre, 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.
- Elevated vacancy: 10.2% 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 40.8 — hard to cash-flow at these prices.
What’s happening in Sierra Madre, CA (91024)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 91024 Sierra Madre
The 91024 ZIP covers a section of Sierra Madre that demands careful diligence. Prices near $1.4M look accessible, but the work to make a deal cash flow is real.
For an experienced owner, 91024 can be a an appealing option for hunting ground — but the discount at $1.4M reflects genuine risk that outside investors often underestimate.
On the rental side, 91024 offers a low basis, the region around Sierra Madre has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Employment concentration in 91024 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Sierra Madre:
Property Strategy for 91024
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $789,526 | $2,250 | 2.1% | +3.2% | $789,526 |
| 2BR | $980,620 | $2,810 | 2.1% | +4.6% | $490,310 |
| 3BR | $1,392,424 | $3,560 | 1.8% | +6.2% | $464,141 |
| 4BR | $1,773,216 | $3,970 | 1.6% | +6.0% | $443,304 |
| 5BR | $2,174,048 | — | — | +6.7% | $434,810 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 91024 Compare?
| Metric | 91024 | Sierra Madre | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,416,001 | $1,416,001 | N/A | $761,003 |
| 5-Year CAGR | 3.9% | 3.9% | N/A | 5.7% |
| Avg Rent | $2,890 | $2,890 | N/A | - |
| Cap Rate | 1.6% | 1.6% | - | - |
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 91024 (Sierra Madre, 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 | $1,416,001 |
| Monthly Rent | $2,890 |
| Price-to-Rent | 40.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.5% |
| Cap Rate | 1.6% |
| 5-Year IRR | 5.5% |
📈 Home Appreciation
| 1-Year | +1.2% ▲ |
| 3-Year CAGR | +2.4% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 Rent Trends
| 1-Year | -2.9% ▼ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.6%). 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 91024
Population: 11,020
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 91024
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
CIS Academy
Rio Hondo Elementary
Willard Elementary
Don Benito Fundamental
Field (Eugene) Elementary
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 6,629 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Is Sierra Madre, CA a smart market for rental property?
The 2.0/5 investability rating in Sierra Madre, CA reflects its $1.4M prices and $2,890/mo rents. Investors generally consider it a solid option within CA.
How quickly do rentals get leased in Sierra Madre, CA?
Vacancy risk in Sierra Madre, CA is elevated. That supports measured cash flow for typical rental holds.
How strict are landlord regulations in Sierra Madre, CA?
Rental owners in Sierra Madre, CA deal with a tenant-protective legal framework. Most standard eviction processes run on reasonable timelines.
How qualified is the tenant pool in Sierra Madre, CA?
The tenant pool in Sierra Madre, CA is solid, supported by local employment and population fundamentals. Rents of $2,890/mo are well-absorbed by the market.
What approach is best for Sierra Madre, CA real estate?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Sierra Madre, CA. The numbers - $1.4M homes against $2,890/mo rents - support that play.
You know 91024 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 91024 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 91024 ranks in Los Angeles-Long Beach-Anaheim, CA
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