Los Angeles, CA variant. This is a Los Angeles, CA-specific version of the Rental Yield Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Rental Yield Calculator.
Los Angeles's gross rental yield - annual rent ÷ property price - is about 3.5%, based on $3,175/month rent on a $1,075,000 median home.
Rental yield in Los Angeles
Gross yield = ($3,175 × 12) ÷ $1,075,000 = 3.5%. Net yield subtracts property tax (0.71%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Los Angeles's sub-5% gross yield signals an appreciation-driven market.
About Los Angeles, CA
Los Angeles does not impose a separate city income tax, so residents pay California state income tax but no additional municipal income levy on wages.
Los Angeles is a high-cost housing market with elevated home prices and rents, reflecting strong demand and limited supply across a sprawling metro area.
Los Angeles is the center of the entertainment industry and also has major trade, aerospace, and tourism sectors that shape its cost of living.
Worked example: Los Angeles yield
Annual rent $38,100 ÷ price $1,075,000 = 3.5% gross. After 0.71% property tax and ~1% maintenance, net yield is meaningfully lower.
Quick reference
- Median home value: $1,075,000
- Median rent: $3,175/mo
- Median household income: $76,135
- Local sales tax: 9.5%
- Effective property tax rate: 0.71%
- Cost of living index: 168 (US avg = 100)
Frequently Asked Questions
What is a good rental yield?
Many investors target 6-8% gross; Los Angeles runs about 3.5%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.