Real Estate Investing in Lake Hughes, California (93532)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 93532 (Lake Hughes, CA)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 12.0% of homes vacant — above national norms.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- Higher unemployment: 7.0% unemployment — tenant risk signal.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lake Hughes, CA (93532)?
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Market Analysis: 93532 Lake Hughes
Investors eyeing 93532 need to respect the fundamentals at play. Home values of $427K come alongside slower price movement and elevated management overhead.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $427K asset, 93532 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader CA picture, 93532 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Demographically, 93532 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
looks to 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 Lake Hughes:
Property Strategy for 93532
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $275,367 | $1,880 | 4.9% | — | $275,367 |
| 2BR | $364,476 | $2,340 | 4.6% | +4.6% | $182,238 |
| 3BR | $444,258 | $2,970 | 4.8% | +4.8% | $148,086 |
Market Trends
Home Value History (with trend line)
📊 How Does 93532 Compare?
| Metric | 93532 | Lake Hughes | Los Angeles-Long Beach-Anaheim, CA | California |
|---|---|---|---|---|
| Home Value | $427,004 | $427,004 | N/A | $761,003 |
| 5-Year CAGR | 3.0% | 3.0% | N/A | 5.7% |
| Avg Rent | $2,106 | $2,106 | N/A | - |
| Cap Rate | 3.9% | 3.9% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 93532 (Lake Hughes, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $427,004 |
| Monthly Rent | $2,106 |
| Price-to-Rent | 16.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.9% |
| Cap Rate | 3.9% |
| 5-Year IRR | 6.9% |
📈 Home Appreciation
| 1-Year | +2.8% ▲ |
| 3-Year CAGR | +1.4% ▲ |
| 5-Year CAGR | +3.0% ▲ |
| 10-Year CAGR | +7.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 93532
Population: 2,762
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 93532
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.
Frequently Asked Questions
How expensive is real estate in Lake Hughes, CA?
Lake Hughes, CA home values average about $427K. That price point suits investors targeting rentals with $2,106/mo in monthly income.
How strong is the working-renter base in Lake Hughes, CA?
Expect a solid tenant pool in Lake Hughes, CA. The rental market absorbs $2,106/mo rents without meaningful friction.
How do landlord-tenant laws work in Lake Hughes, CA?
Lake Hughes, CA falls under CA landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.
How quickly do rentals get leased in Lake Hughes, CA?
Rental vacancy in Lake Hughes, CA is elevated. Investors should budget normal turnover but not chronic empty units.
What monthly rent should investors expect in Lake Hughes, CA?
The typical rental in Lake Hughes, CA commands about $2,106/mo monthly. That rent profile predictable cash flow against the $427K purchase basis.
You know 93532 now. You don’t know where it ranks.
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How 93532 ranks in Los Angeles-Long Beach-Anaheim, CA
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