Real Estate Investing in Los Angeles, California (91423)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 91423 (Los Angeles, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.7% vacancy may signal weakening demand.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 8.2% unemployment — tenant risk signal.
- High price-to-rent: Price-to-rent ratio 42.0 — hard to cash-flow at these prices.
What’s happening in Los Angeles, CA (91423)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 91423 Los Angeles
This part of Los Angeles County is not an easy win. The 91423 ZIP posts softness in key indicators, and the playbook that works in cleaner markets often stalls here.
On balance, the numbers look inviting — $1.4M purchase price, 0.0% nominal cap — the work to hit that pro forma in 91423 is substantial and deserves full respect.
From an investor standpoint, 91423 offers a low basis, the region around Los Angeles has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A sturdy renter share of 62% in 91423 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Distressed ZIPs reward experience. sturdy returns are possible in 91423, 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 91423
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $499,631 | $2,580 | 3.7% | +2.3% | $499,631 |
| 2BR | $746,433 | $3,220 | 3.1% | +2.7% | $373,216 |
| 3BR | $1,470,688 | $4,080 | 2.0% | +6.4% | $490,229 |
| 4BR | $1,990,461 | $4,550 | 1.6% | +6.0% | $497,615 |
| 5BR | $2,974,129 | — | — | +5.2% | $594,826 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 91423 Compare?
| Metric | 91423 | Los Angeles | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,445,782 | $1,025,392 | N/A | $761,003 |
| 5-Year CAGR | 4.2% | 2.1% | N/A | 5.7% |
| Avg Rent | $2,872 | $3,041 | N/A | - |
| Cap Rate | 1.6% | 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 91423 (Los Angeles, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,445,782 |
| Monthly Rent | $2,872 |
| Price-to-Rent | 42.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 2.4% |
| Cap Rate | 1.6% |
| 5-Year IRR | 5.8% |
📈 Home Appreciation
| 1-Year | +5.1% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.2% ▲ |
| 10-Year CAGR | +7.0% ▲ |
🏠 Rent Trends
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | +2.7% ▲ |
| 5-Year CAGR | +3.8% ▲ |
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 91423
Population: 32,536
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 91423
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Van Nuys Middle
Burbank Boulevard Elementary
Chandler Elementary
Kittridge Street Elementary
Sylvan Park 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 9,974 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Are eviction rules reasonable in Los Angeles, CA?
CA law tenant-protective for landlords, and Los Angeles inherits those rules. Investors should still review local ordinances for rental licensing.
What kind of tenants rent in Los Angeles, CA?
Los Angeles, CA draws a steady base of working renters. Demand at the $2,872/mo rent level is reasonable for standard single-family and small multi rentals.
What is the typical home price in Los Angeles, CA?
Typical homes in Los Angeles, CA go for around $1.4M. The 5-year CAGR of 0.0% steady price movement.
Does a duplex house hack pencil in Los Angeles, CA?
The house hack math a tougher in Los Angeles, CA. Owner-occupant buyers benefit from the $2,872/mo rents and $1.4M home values.
What type of investing works in Los Angeles, CA?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Los Angeles, CA. The numbers - $1.4M homes against $2,872/mo rents - support that play.
You know 91423 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 91423 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 91423 ranks in Los Angeles-Long Beach-Anaheim, CA
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