The housing in 91604 Los Angeles, CA is significantly more expensive than the US house median value, at $1,550,100 compared to only $338,100. This difference is likely due to the fact that Los Angeles is a major metropolitan area and prices reflect the increased demand for housing. Furthermore, the house appreciation in 91604 Los Angeles over the past year has been incredibly high at 10.23%, which is well above the national average of 8.27%. This high appreciation rate reflects again that property values are rising quickly in this particular area of Los Angeles.
The median home cost in Los Angeles (zip 91604) is $1,550,100. Home appreciation the last 10 years has been 153.8%. Home Appreciation in Los Angeles (zip 91604) is up 21.7%.
Average Age of Homes
- The median age of Los Angeles (zip 91604) real estate is 49 years old
The Rental Market in Los Angeles (zip 91604)
- Renters make up 47.7% of the Los Angeles (zip 91604) population
- 1.3% of houses and apartments in Los Angeles (zip 91604), 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.