Real Estate Investing in Lagunitas, California (94933)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 94933 (Lagunitas, CA)? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.
- Declining values: -0.1% 5-year CAGR — values have moved lower.
- Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Lagunitas, CA (94933)?
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Market Analysis: 94933 Lagunitas
The 94933 ZIP in Lagunitas, CA is a local-operator market. Outside capital chasing a $901K entry has to pair deep knowledge with the discount.
For an experienced owner, 94933 can be a a strong candidate for hunting ground — but the discount at $901K reflects genuine risk that outside investors often underestimate.
Regionally, 94933 sits on the difficult end of the CA spectrum. The a strong candidate for read — for disciplined operators — is that pricing reflects the difficulty.
The demographic picture in 94933 includes headwinds that any investor should price in. Income distribution skews lower than Lagunitas averages, and tenant stability requires active management.
Strategy in 94933 is an operator game, not a passive one. Turning to rents, entry prices of $901K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Lagunitas:
Property Strategy for 94933
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $784,507 | $4,160 | 3.8% | -0.5% | $392,253 |
| 3BR | $1,032,272 | $5,310 | 3.7% | +3.2% | $344,091 |
Market Trends
Home Value History (with trend line)
📊 How Does 94933 Compare?
| Metric | 94933 | Lagunitas | San Francisco-Oakland-Berkeley, CA | California |
|---|---|---|---|---|
| Home Value | $901,097 | $1,110,491 | N/A | $761,003 |
| 5-Year CAGR | N/A | 0.5% | N/A | 5.7% |
| Avg Rent | $3,744 | $3,506 | N/A | - |
| Cap Rate | 3.2% | 2.6% | - | - |
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 94933 (Lagunitas, CA). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $901,097 |
| Monthly Rent | $3,744 |
| Price-to-Rent | 20.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.0% |
| Cap Rate | 3.2% |
| 5-Year IRR | 3.1% |
📈 Home Appreciation
| 1-Year | +6.4% ▲ |
| 3-Year CAGR | +0.4% ▲ |
| 5-Year CAGR | -0.1% ▼ |
| 10-Year CAGR | +3.3% ▲ |
🏠 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 (3.2%). 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 94933
Population: 1,255
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 94933
Nearby Schools (2 more)
Schools in adjacent ZIP codes that may serve this area
Lagunitas Elementary
San Geronimo Valley 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 3,252 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What type of investing works in Lagunitas, CA?
A careful cash-flow rentals with hands-on management strategy Lagunitas, CA best. The market produces consistent results for that approach at the $901K price point.
Are renters plentiful in Lagunitas, CA?
Lagunitas, CA draws a steady base of working renters. Demand at the $3,744/mo rent level is reasonable for standard single-family and small multi rentals.
How do home values compare in Lagunitas, CA?
Homes in Lagunitas, CA typically sell near $901K. Prices have moved at a 0.0% 5-year CAGR, which consistent long-term demand.
Do landlords face vacancy issues in Lagunitas, CA?
Rental vacancy in Lagunitas, CA is elevated. Investors should budget normal turnover but not chronic empty units.
Is Lagunitas, CA landlord-friendly?
CA ranks as a tenant-protective state for landlord-tenant law. Lagunitas generally follows the statewide framework, so landlords face reasonable operating rules.
You know 94933 now. You don’t know where it ranks.
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How 94933 ranks in San Francisco-Oakland-Berkeley, CA
Every ZIP in this metro, ranked. Free.
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