Housing in the 90033 zip code of Los Angeles, CA is significantly more expensive than the national median value. The housing median value in this area is $663,200, while the US house median value is only $338,100. This reflects a significant difference in the cost of living between this area and other parts of the country. Additionally, this area has seen a much higher appreciation rate over the past year with a 13.16% increase compared to a 8.27% increase nationally. This indicates that buying property in this area may be an even more attractive investment now than it was just a year ago.
The median home cost in Los Angeles (zip 90033) is $663,200. Home appreciation the last 10 years has been 151.4%. Home Appreciation in Los Angeles (zip 90033) is up 14.4%.
Average Age of Homes
- The median age of Los Angeles (zip 90033) real estate is 70 years old
The Rental Market in Los Angeles (zip 90033)
- Renters make up 78.2% of the Los Angeles (zip 90033) population
- 1.5% of houses and apartments in Los Angeles (zip 90033), 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.