Real Estate Market Update for 90004 (Los Angeles, CA)

Video: Real Estate Community Tour for 90004 (Los Angeles, CA)

See Real estate community tour for 90004 (Los Angeles, CA)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 46% from one year earlier, and did not change from the previous month. These latest figures mean that buyers had a more limited selection of homes to choose from compared to the same month the previous year. As you can see, the median listing price for the month was just under 950-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 41%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 850-thousand dollars. The number of units sold increased 50% year-over-year, and held steady month-over-month. These latest figures are encouraging news for both buyers and sellers, indicating a positive trend in the marketplace. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 90004 (Los Angeles, CA)
Area Information for 90004 (Los Angeles, CA)
  • Population: 62,775
  • Median Age: 34.22 yr
  • Median Commute Time: 29.23 mins
  • Educational Climate*: 3
  • Sales Tax: 9%
  • Population Density: 20,595/sq mi
  • Population Change Since 2000: -7.27%
  • Closest Airport: Bob Hope
  • Closest College: American Career College
  • Closest Jr. College: Bryman College-los Angeles
  • Median Household Income: $38,608
  • Annual Residential Turnover: 21.49%
  • Median Years in Residence: 2.27 yr
  • Median Home Sales Price: $520,000
  • Closest Major Sports Team: Los Angeles Kings
  • Change Avg. Household Income Since 2000: 38%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 90004 (Los Angeles, CA)
Median Age: 34.22 Married: 22% Number of Households: 22,871 Households with Children: 7,848
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 90004 (Los Angeles, CA)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Beverly Christian Academy, Inc 0.3 mi Private - 0 0
      E Nopi Academy 0.3 mi Private PRESCHOOL-6 0 0
      Harvard Elementary 0.4 mi Public K-5 3 4
      Van Ness Avenue Elementary 0.4 mi Public K-5 3-5 3
      St Brendan Elementary 0.4 mi Catholic K-8 0 5
      Charles H Kim Elementary 0.4 mi Public PRESCHOOL-5 4 4
      Blend (frances) Special Ed Center 0.5 mi Public PRESCHOOL-6 0 3
      Cahuenga Elementary 0.5 mi Public K-5 3-5 4
      Alexandria Avenue Elementary 0.7 mi Public PRESCHOOL-5 1 3
      Page Private Hancock Park 0.8 mi Private PRESCHOOL-5 0 3
      Christ The King Elementary 1.0 mi Catholic K-8 0 4
      Marlborough 1.0 mi Private 7-12 0 4
      Frank Del Olmo Elementary 1.1 mi Public PRESCHOOL-5 3 5
      Virgil Middle School 1.1 mi Public 6-8 1 3
      Wagon Wheel School 1.1 mi Private PRESCHOOL-K 0 0
      Central City Value 1.3 mi Public 9-12 3 3
      Dr. Sammy Lee Medical And Health Science Magnet Elementary 1.3 mi Public K-5 0 0
      Dayton Heights Elementary 1.4 mi Public K-5 2-5 3
      Soledad Enrichment Action Charter 1.4 mi Public 9-12 1 3
      Third Street Elementary 1.4 mi Public K-5 5 5
      Commonwealth Avenue Elementary 1.5 mi Public PRESCHOOL-5 3-5 4
      Camino Nuevo High School Charter 1.5 mi Public 9-12 3-5 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2015
      Local Weather for 90004 (Los Angeles, CA)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.