Real Estate Investing in Bolinas, California (94924)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 94924 (Bolinas, 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.
- High vacancy: 43.3% of homes vacant — above national norms.
- Flat appreciation: Values have barely moved over 5 years (0.0% CAGR).
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
- High price-to-rent: Price-to-rent ratio 61.2 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Bolinas, CA (94924)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 94924 Bolinas
From an investor standpoint, ZIP 94924 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $2.0M median. It rewards specialists, not generalists.
The 94924 ZIP can work — but only with a tight operating hand. Remote landlords and passive investors tend to struggle here more than the underwriting suggests.
On the rental side, 94924 offers a low basis, the region around Bolinas has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
Meanwhile, 1,217 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 94924 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Bolinas:
Property Strategy for 94924
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $1,261,946 | $2,510 | 1.4% | -1.9% | $1,261,946 |
| 2BR | $1,596,419 | $2,990 | 1.3% | +0.8% | $798,210 |
| 3BR | $2,262,210 | $3,730 | 1.2% | +4.0% | $754,070 |
Market Trends
Home Value History (with trend line)
📊 How Does 94924 Compare?
| Metric | 94924 | Bolinas | San Francisco-Oakland-Berkeley, CA | California |
|---|---|---|---|---|
| Home Value | $1,975,194 | $1,531,666 | N/A | $761,003 |
| 5-Year CAGR | 0.0% | 0.7% | N/A | 5.7% |
| Avg Rent | $2,691 | $2,763 | N/A | - |
| Cap Rate | 1.1% | 1.5% | - | - |
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 94924 (Bolinas, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $1,975,194 |
| Monthly Rent | $2,691 |
| Price-to-Rent | 61.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 1.6% |
| Cap Rate | 1.1% |
| 5-Year IRR | 1.1% |
📈 Home Appreciation
| 1-Year | +13.3% ▲ |
| 3-Year CAGR | +0.0% ▲ |
| 5-Year CAGR | +0.0% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 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 (1.1%). 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 94924
Population: 1,217
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 94924
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,252 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Bolinas, CA?
Our data puts Bolinas, CA at 2.0/5 for investability. Home prices of $2.0M and rents around $2,691/mo create a solid backdrop for investor activity.
Do rentals sit vacant long in Bolinas, CA?
Vacancy in Bolinas, CA is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $2,691/mo.
Is the tenant base reliable in Bolinas, CA?
Bolinas, CA draws a reliable base of working renters. Demand at the $2,691/mo rent level is reasonable for standard single-family and small multi rentals.
What real estate strategy is ideal for Bolinas, CA?
A careful cash-flow rentals with hands-on management strategy Bolinas, CA best. The market produces predictable results for that approach at the $2.0M price point.
What monthly rent should investors expect in Bolinas, CA?
Rent in Bolinas, CA is around $2,691/mo. The resulting rent-to-value relationship with $2.0M pricing is reasonable for most investor models.
You know 94924 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 94924 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 94924 ranks in San Francisco-Oakland-Berkeley, CA
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