Zip 90002 (Los Angeles, CA) Housing


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The housing market in 90002 Los Angeles, CA is significantly more expensive than the US House Median Value. The Median Value of homes in this area is $516,600 compared to the US House median value of $338,100. Additionally, the 1 year appreciation rate of the housing market in 90002 Los Angeles, CA is far greater than the US 1 year house appreciation rate at 13.16% compared to 8.27%. This indicates that housing prices are continuing to increase rapidly in this area and suggests that it is a good investment opportunity.

The median home cost in Los Angeles (zip 90002) is $516,600. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90002) is up 14.4%.

Average Age of Homes
- The median age of Los Angeles (zip 90002) real estate is 66 years old
The Rental Market in Los Angeles (zip 90002)
- Renters make up 58.1% of the Los Angeles (zip 90002) population
- 1.3% of houses and apartments in Los Angeles (zip 90002), are available to rent

DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingLos Angeles, CaliforniaUnited States
  13,577.0139,647,020.0
  6942
  $516,600$338,100
  14.4%16.6%
  51.4%57.0%
  151.4%101.1%
  $7.04$10.98
  $2,898$2,690
  37.8%57.4%
  4.2%11.2%
  58.0%31.4%
  Vacant Housing
  1.3%1.9%
  0.3%0.4%
  0.5%0.7%
  0.1%0.4%
  0.1%3.6%
  1.9%4.1%
  Value of Owner-Occupied Housing
  0.2%2.6%
  0.9%2.4%
  1.5%2.8%
  0.4%3.9%
  0.0%4.5%
  0.8%11.3%
  2.3%13.0%
  11.1%20.1%
  28.8%13.6%
  35.7%8.3%
  15.5%9.7%
  1.3%3.9%
  0.1%2.2%
  0.0%0.8%
  1.4%1.1%
  Housing Units by Year Structure Built
  0.1%0.2%
  5.9%13.6%
  5.9%13.6%
  6.8%13.6%
  4.7%13.2%
  7.5%14.8%
  6.8%13.6%
  13.3%10.0%
  21.6%4.7%
  25.9%12.2%
Commute