Real Estate Investing in Anaheim, California (92802)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 92802 (Anaheim, 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.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 29.9 — hard to cash-flow at these prices.
What’s happening in Anaheim, CA (92802)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 92802 Anaheim
Not every below-median market is a bargain. Anaheim's 92802 ZIP registers signals that favor experienced operators who can absorb the risk $952K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 92802 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Nearby ZIPs in Anaheim have seen price recovery that 92802 has not matched. Orange County data supports the view that the spread is structural rather than temporary.
Who lives in 92802 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
New investors are better served looking at Anaheim's stable or hybrid ZIPs before stepping into 92802. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Anaheim:
Property Strategy for 92802
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $628,109 | $2,870 | 3.3% | +6.7% | $314,055 |
| 3BR | $897,845 | $3,900 | 3.1% | +7.9% | $299,282 |
| 4BR | $984,431 | $4,650 | 3.4% | +7.3% | $246,108 |
| 5BR | $1,150,279 | — | — | +7.9% | $230,056 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 92802 Compare?
| Metric | 92802 | Anaheim | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $951,880 | $999,979 | N/A | $761,003 |
| 5-Year CAGR | 5.8% | 5.8% | N/A | 5.7% |
| Avg Rent | $2,653 | $2,817 | N/A | - |
| Cap Rate | 2.2% | 2.2% | - | - |
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 92802 (Anaheim, CA). Anonymous, moderated, never written by AI.
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Property managers serving Orange County
Manage rentals here? List your business →Action Property Management is an HOA management company serving various community types including large scale, high rise, new development, condos, and hotel residential. summary from their website
Affinity Property Management, Inc. provides world-class service in property management, adapting to client needs and offering solutions for owners and tenants. summary from their website
Aperto Property Management, Inc. aims to maximize real estate asset value and achieve investment goals through vision, professionalism, and personal service. 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 | $951,880 |
| Monthly Rent | $2,653 |
| Price-to-Rent | 29.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 7.9% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +5.0% ▲ |
| 5-Year CAGR | +5.8% ▲ |
| 10-Year CAGR | +6.9% ▲ |
🏠 Rent Trends
| 1-Year | -5.9% ▼ |
| 3-Year CAGR | +1.8% ▲ |
| 5-Year CAGR | +5.3% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 92802
Population: 43,698
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 92802
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Henry (Patrick) Elementary
Jefferson (Thomas) Elementary
Olive Street Elementary
Price (Adelaide) Elementary
Revere (Paul) 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
Frequently Asked Questions
How do home values compare in Anaheim, CA?
Anaheim, CA median home values land near $952K. That is reasonable territory for investors looking at $2,653/mo-per-month rentals.
How landlord-friendly is Anaheim, CA?
For rental operators, Anaheim, CA rates as tenant-protective. The regulatory environment standard buy-and-hold operations.
What is the investability score for Anaheim, CA?
Anaheim, CA scores 3.0/5 for investability. Home values sit at $952K and rents near $2,653/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.
Is Anaheim, CA suited for a house hack?
Anaheim, CA is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $952K price point reasonable to enter.
Are tenants stable in Anaheim, CA?
The renter base in Anaheim, CA is reasonable for the $2,653/mo price point. Screening well and pricing to market typically yields measured tenants.
You know 92802 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 92802 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 92802 ranks in Los Angeles-Long Beach-Anaheim, CA
Every ZIP in this metro, ranked. Free.
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