The story of this market
The typical home in ZIP 90035 sells for about $1,304,000, or $833 per square foot.
Prices are down 15% from a year ago, which gives buyers more room to negotiate. Homes take about 61 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 90035 — Los Angeles
The 90035 housing market is currently experiencing a correction, with median prices down 15% year-over-year to $1.3M. High interest rates and affordability constraints are driving a slowdown in sales volume and price growth. Buyers remain cautious as the market adjusts to the current economic environment.
This ZIP is well-suited for professionals and families seeking central access to Los Angeles employment hubs, as well as investors looking for stable, high-demand urban rental properties.
Median prices moved down 15.0% year over year.
Homes spend a median of 61 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.0% · poverty 8.2% — 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 3.6%/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 3.5%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 90035, Los Angeles County, CA
The area experiences typical urban crime patterns for Los Angeles, with property crime being the primary concern; it is generally considered comparable to surrounding mid-city neighborhoods.
The area is served by the Los Angeles Unified School District, with schools in the vicinity generally receiving mixed performance ratings.
The area is subject to standard California seismic risks and urban fire hazards, with insurance availability and premiums reflecting regional wildfire and earthquake exposure.
The area benefits from its central location in Los Angeles, with ongoing infill development and proximity to major employment hubs in Beverly Hills and Century City.
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 central access to major employment corridors via the I-10 freeway and proximity to public transit lines serving the greater Los Angeles area.
The area features proximity to local parks, community centers, and the diverse shopping and dining districts of Pico-Robertson and nearby Beverly Hills.
The rental market is characterized by high demand and low vacancy rates, driven by the area's central location and limited supply of new housing units.
The local economy is driven by proximity to the entertainment, professional services, and healthcare sectors in the broader Los Angeles metro area.
The area is well-connected by major arterial roads and bus transit, with significant infrastructure focus on improving regional mobility.
Development is primarily focused on high-density residential infill and the modernization of existing commercial corridors.
The Los Angeles County Assessor manages property valuations, adhering to state-mandated assessment practices.
Parcels are subject to standard municipal and county service districts, including local school and utility districts.
Property insurance markets are stable but sensitive to regional wildfire and seismic risk factors.
Data retrieved from U.S. Census Bureau American Community Survey profiles for ZCTA 90035.
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.
A vibrant commercial corridor known for its diverse culinary and retail offerings.
Provides local green space and recreational facilities for residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.