Real Estate Investing in Los Angeles, California (91602)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 91602 (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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 33.7 — hard to cash-flow at these prices.
What’s happening in Los Angeles, CA (91602)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 91602 Los Angeles
This part of Los Angeles County is not an easy win. The 91602 ZIP comes in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $1.1M asset, 91602 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 91602's metrics run below Los Angeles County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Employment concentration in 91602 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.
Distressed ZIPs reward experience. resilient returns are possible in 91602, 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 91602
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $485,095 | $2,610 | 3.9% | +2.1% | $485,095 |
| 2BR | $753,886 | $3,260 | 3.1% | +2.6% | $376,943 |
| 3BR | $1,243,897 | $4,130 | 2.4% | +5.0% | $414,632 |
| 4BR | $2,108,682 | $4,600 | 1.6% | +5.7% | $527,171 |
| 5BR | $3,399,191 | — | — | +4.6% | $679,838 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 91602 Compare?
| Metric | 91602 | Los Angeles | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $1,063,722 | $1,025,392 | N/A | $761,003 |
| 5-Year CAGR | 2.6% | 2.1% | N/A | 5.7% |
| Avg Rent | $2,633 | $3,041 | N/A | - |
| Cap Rate | 1.9% | 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 91602 (Los Angeles, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,063,722 |
| Monthly Rent | $2,633 |
| Price-to-Rent | 33.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.0% |
| Cap Rate | 1.9% |
| 5-Year IRR | 4.6% |
📈 Home Appreciation
| 1-Year | +1.3% ▲ |
| 3-Year CAGR | +1.5% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 Rent Trends
| 1-Year | -16.0% ▼ |
| 3-Year CAGR | -3.9% ▼ |
| 5-Year CAGR | +0.4% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (1.9%). 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 91602
Population: 19,760
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 91602
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
East Valley Senior High
Laurel Elementary
Bellingham Elementary
Burbank Boulevard Elementary
Fair Avenue 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
Does a duplex house hack pencil in Los Angeles, CA?
House hacking in Los Angeles, CA is a tougher. With home values around $1.1M and rents at $2,633/mo, owner-occupants can offset a meaningful share of PITI.
What kind of market is Los Angeles, CA for investors?
Yes - Los Angeles, CA a 2.0/5 investability score. With $1.1M home prices against $2,633/mo monthly rent, the market delivers a reasonable entry point for new investors.
Is Los Angeles, CA good for landlords?
CA law tenant-protective for landlords, and Los Angeles inherits those rules. Investors should still review local ordinances for rental licensing.
Are rents high in Los Angeles, CA?
Expect rents around $2,633/mo per month in Los Angeles, CA. With home values at $1.1M, the yield math works out to reasonable levels for rental investors.
Is the tenant base reliable in Los Angeles, CA?
Expect a solid tenant pool in Los Angeles, CA. The rental market absorbs $2,633/mo rents without meaningful friction.
You know 91602 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 91602 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 91602 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
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