Curious to know which cities in California were best for flipping houses? We were. After looking at thousands of homes that have been bought and sold within 90-365 days (the same property exchanging hands twice between 90-365 days), we narrowed it down to these 25 cities based on return on investment.
Here is Tomo’s list of best cities in California for flipping houses.
Rank | City | Avg. Initial Purchase Price | Avg. Resale Price | Avg. % Change | Avg. $ Increase |
---|---|---|---|---|---|
1 | Landers | $153K | $327K | 113% | $174,300 |
2 | Sanger | $193K | $350K | 87% | $157,375 |
3 | San Marcos | $452K | $643K | 64% | $191,627 |
4 | San Pablo | $451K | $700K | 63% | $248,929 |
5 | Indio | $290K | $446K | 63% | $155,750 |
6 | La Mesa | $767K | $1.3 MIL | 61% | $445,500 |
7 | Lakeside | $498K | $713K | 60% | $214,750 |
8 | Oakland | $660K | $948K | 57% | $288,418 |
9 | Sun Valley | $623K | $965K | 57% | $342,500 |
10 | Sunland | $661K | $980K | 56% | $319,000 |
11 | Brea | $625K | $862K | 56% | $236,750 |
12 | Spring Valley | $511K | $785K | 54% | $274,295 |
13 | Martinez | $553K | $820K | 54% | $266,600 |
14 | Baldwin Park | $462K | $703K | 54% | $241,000 |
15 | Fallbrook | $687K | $840K | 54% | $153,220 |
16 | El Cerrito | $1.1 MIL | $1.7 MIL | 53% | $588,000 |
17 | Joshua Tree | $374K | $557K | 53% | $182,500 |
18 | Boulder Creek | $670K | $866K | 49% | $196,600 |
19 | Wildomar | $471K | $673K | 48% | $201,938 |
20 | Compton | $439K | $649K | 48% | $210,768 |
21 | Valley Village | $1.2 MIL | $1.6 MIL | 46% | $493,500 |
22 | Pasadena | $720K | $953K | 47% | $232,332 |
23 | Belmont | $1.7 MIL | $2.4 MIL | 44% | $702,000 |
24 | Pebble Beach | $2 MIL | $2.6 MIL | 42% | $715,726 |
25 | North Hollywood | $755K | $1.1 MIL | 41% | $306,260 |
What to know more about flipping homes?
Check out other cities that are best for flipping houses, or some of the best home flips in San Francisco. Want to know what not to do when flipping a house, see Tomo’s House Flipping Flops, or look at House Flipping 101 for tips.
Your next home is out there
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