The story of this market
The typical home in ZIP 90027 sells for about $1,330,000, or $850 per square foot.
Prices are down 30.5% from a year ago, which gives buyers more room to negotiate. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 90027 — Los Angeles
The 90027 housing market is currently experiencing a correction, with median prices declining significantly year-over-year. High interest rates and a cooling luxury segment are driving this trend, resulting in a more competitive but price-sensitive environment for buyers.
This ZIP is ideal for affluent professionals, families seeking historic character, and those working in the creative industries who value proximity to both nature and urban amenities.
Median prices moved down 30.5% year over year.
Homes spend a median of 42 days on market with 3.2 months of supply — a fast-moving market.
28% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.2% · poverty 9.8% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 90027, Los Angeles County, CA
Crime rates in the Los Feliz area are generally lower than the Los Angeles city average, though property crime remains a concern consistent with broader urban trends in the region.
The area is served by the Los Angeles Unified School District, with several highly-rated public schools including Franklin Avenue Elementary and John Marshall High School.
The ZIP code includes significant wildland-urban interface areas near Griffith Park, posing a moderate to high wildfire risk, while flood risk is generally low.
Economic momentum is driven by proximity to the Hollywood media hub and downtown Los Angeles, with ongoing infill development and high demand for luxury residential properties.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (California) — Mello-Roos Community Facilities Act Special Parcel Tax Assessment: Levies an annual direct, non-ad valorem special tax directly on the parcel's secured property tax bill to fund designated community infrastructure (e.g., roads, sewer facilities, school facilities, emergency services) and repay municipal debt bonds. State (California) — California Homeowners' Property Tax Exemption: Reduces the taxable assessed value of the qualifying owner-occupied principal residence by $7,000 against the county assessment roll, generating a direct tax savings of approximately $70 annually (computed as $7,000 × 1% base rate). State (California) — California Proposition 13 Ad Valorem Real Property Tax: Establishes a base ad valorem tax rate capped at 1.0% of assessed value plus voter-approved local indebtedness and direct assessments (typically resulting in an effective tax rate of 1.1% to 1.25%). County (Los Angeles County, California) — County Assessment Roll: Requires all real property to be appraised by the County Assessor to establish an assessed value, which serves as the basis for all property tax levies.
Residents benefit from proximity to the 5 and 101 freeways, providing access to major employment centers in Hollywood, Burbank, and Downtown Los Angeles.
The area is anchored by Griffith Park, offering extensive hiking trails, the Griffith Observatory, and the Greek Theatre, alongside the vibrant shopping and dining corridors of Hillhurst and Vermont Avenues.
The rental market is highly competitive with low vacancy rates, driven by strong demand from young professionals and those working in the entertainment industry.
The local economy is heavily influenced by the entertainment, media, and technology sectors centered in nearby Hollywood and Burbank.
The area is served by Metro bus lines and is in close proximity to the Metro B Line subway, facilitating transit to Downtown Los Angeles.
Development is largely constrained by historic preservation overlays, with most new activity limited to small-scale residential infill.
The Los Angeles County Assessor manages property valuations, with assessments typically occurring upon change of ownership.
Parcels are subject to standard Los Angeles County property tax levies and various special assessment districts for municipal services.
Property insurance premiums have risen significantly due to increased wildfire risk assessments in the hillside portions of the ZIP.
California has experienced net domestic out-migration, though high-demand urban enclaves like Los Feliz maintain stable population levels.
California is a non-judicial foreclosure state, providing a structured process for lenders while offering specific protections for homeowners.
California requires comprehensive seller disclosures regarding the physical condition of the property and any known hazards.
Data retrieved from data.census.gov ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
One of the largest urban parks in North America, featuring hiking trails and the Griffith Observatory.
An iconic outdoor amphitheater hosting major musical acts.
A primary commercial corridor known for its diverse restaurants and boutiques.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.