Los Angeles, CA Investment Data and Rental Metrics
Investment Data & Rental Metrics
LTR & STR financial performance, market growth indicators, and school ratings.
LTR Financial Performance
Median Price
LTR Rent
$2,820
Monthly Cash Flow
-$2,963
Principal + Equity
$5,558
Annual Total Gain
$31,136
Cash on Cash
-15.19%
Net ROI %
Market Grades and Information
Best Places to Live Ranking
Public school quality, cost of living, commute, and lifestyle ratings.
B-
Overall
Top-level market grade
Healthiest Cities in America
#29out of 229 markets
Healthiest Places to Live in America
#29out of 230 markets
Best Cities for Outdoor Activities in America
#1out of 229 markets
B-
Public School
Short-Term Rental (STR) Regulations
Local rules and guidelines for operating short-term rentals in Los Angeles, CA.
Los Angeles has specific regulations in place for short term rentals (STR) that investors should be aware of before purchasing a property for this purpose.
1. Registration: All short term rental hosts in Los Angeles are required to register with the city's Office of Finance and obtain a Transient Occupancy Registration Certificate. This registration must be renewed annually.
2. Occupancy limits: Short term rentals in Los Angeles are subject to occupancy limits, which vary depending on the type of property and the number of bedrooms. Hosts must ensure that they do not exceed these limits.
3. Zoning restrictions: The city of Los Angeles has specific zoning regulations that dictate where short term rentals are allowed to operate. Investors should check the zoning regulations for the specific area in which they are considering purchasing a property.
4. Taxes: Hosts of short term rentals in Los Angeles are required to collect and remit transient occupancy taxes to the city. It is important for investors to understand their tax obligations and ensure compliance with city regulations.
5. Rental duration: In Los Angeles, short term rentals are limited to a maximum of 120 days per year. Hosts must keep track of the number of days their property is rented out and ensure that they do not exceed this limit.
6. Noise and nuisance regulations: Hosts of short term rentals in Los Angeles are required to adhere to noise and nuisance regulations to ensure that their guests do not disturb neighbors. Failure to comply with these regulations can result in fines or other penalties.
7. Liability insurance: Hosts of short term rentals in Los Angeles are required to carry liability insurance to protect themselves in the event of accidents or damages on their property. Investors should factor the cost of insurance into their financial planning.
Overall, investors considering purchasing a property for short term rental in Los Angeles should thoroughly research and understand the regulations and requirements in place to ensure compliance and avoid potential legal issues.
Market Trends Over Time
Explore 25 years of market data for Los Angeles, CA, including median property prices, long-term rental rates, and days on market — identify growth potential and gauge market stability.
Median Price
Median Rent
Days on Market
Nearest Markets
Explore nearby investment markets close to Los Angeles, CA.
The LTR Genie Score of Los Angeles, CA is 37, indicating a low rentability for long-term rental properties in the area. This is likely due to the low LTR Rent Growth Rate of 0.0406% and the 1-Year Price Appreciation Forecast of only 0.49%. On the other hand, the STR Genie Score is 59, suggesting a moderate level of rentability for short-term rental properties. The higher STR Net ROI of 14.28% and the STR Occupancy rate of 67.74% contribute to this higher score.
Los Angeles, CA is a competitive real estate market with a diverse population and a strong economy. The city offers a wide range of attractions, including beaches, entertainment venues, and cultural landmarks, making it a popular destination for tourists and residents alike.
Based on the metrics provided, Los Angeles, CA may be more attractive for short-term rental investments rather than long-term rental investments. The higher STR Genie Score and STR Net ROI indicate that short-term rentals could potentially yield better returns in this market. However, investors should carefully consider factors such as regulations, competition, and market trends before making a decision.
LTR Genie Score 93
$190,000
🛏 3 Beds🛁 2.0000 Baths0🏠 SINGLE FAMILY
24303 Woolsey Canyon Rd Space 137, Canoga Park, CA 91304
