East Los Angeles, CA 90063 is a great place for those looking to invest in a home. The median value of housing in this area is an impressive $646,300, well above the US median value of $338,100. Additionally, the 1 year house appreciation in East Los Angeles is 13.16%, much higher than the 8.27% appreciation rate of the US as a whole. This indicates that investing in housing in this neighborhood could be very profitable and yield an excellent return on investment.
The median home cost in East Los Angeles (zip 90063) is $646,300. Home appreciation the last 10 years has been 151.4%. Home Appreciation in East Los Angeles (zip 90063) is up 14.4%.
Average Age of Homes
- The median age of East Los Angeles (zip 90063) real estate is 71 years old
The Rental Market in East Los Angeles (zip 90063)
- Renters make up 59.5% of the East Los Angeles (zip 90063) population
- 1.0% of houses and apartments in East Los Angeles (zip 90063), 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.