Take this with a grain of salt since I'm also applying this year but I think you will be fine as long as you aren't aiming for the top programs (UCLA, UCSF, Stanford , etc) . You might get IVs at UCSD, Davis , USC and I think you should be more than competitive for the mid/lower- tiers like UCI, Scripps, Harbor/ OV, Kaiser. There are so many IM programs in CA. Every one of my friends in the year above me who wanted to go back to CA did .
Just focus on doing as well as you can in your sub-I and definitely get a letter of rec from here (very important, especially for this year).