The story of this market
The typical home in ZIP 90038 sells for about $1,089,200, or $850 per square foot.
Prices are up +2.1% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $1,764 a month.
ZIP 90038 — Los Angeles
The housing market in 90038 remains characterized by high home values and a predominantly renter-occupied demographic. Market activity is stable, driven by consistent demand for urban living near Hollywood, though limited inventory and affordability constraints persist. Specific figures for active listings and price cuts are not currently published at the ZCTA level and are omitted.
This ZIP is well-suited for young professionals and commuters working in the entertainment industry who prioritize proximity to Hollywood and urban amenities over suburban space.
Median prices moved up 2.1% year over year.
Homes spend a median of 42 days on market with 3.4 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 6.2% · poverty 19.5% — a mixed stability 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 5.3%/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 4.3%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 90038, Los Angeles County, CA
Crime rates in this area are elevated compared to the national average, with property crime being the primary concern; trends remain consistent with broader urban Los Angeles patterns.
Public schools serving the area are part of the Los Angeles Unified School District, with performance ratings varying significantly across individual campuses.
The area faces moderate risk from seismic activity and urban heat island effects, typical of the Los Angeles basin; flood risk is generally low.
The area benefits from proximity to the Hollywood media and entertainment hubs, with ongoing infill development and adaptive reuse projects driving local economic momentum.
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 have access to major transit corridors including the Hollywood Freeway (US-101) and local Metro bus lines, with a mean commute time of approximately 33 minutes.
The area features proximity to local parks such as Poinsettia Recreation Center and is within short driving distance of the Hollywood entertainment district and various urban shopping centers.
The rental market is characterized by high demand and low vacancy rates, with a significant portion of the housing stock consisting of multi-family units and apartments.
The local economy is heavily anchored by the entertainment, media, and creative services industries, with significant employment concentration in Hollywood.
The area is served by a dense network of surface streets and public transit routes, providing connectivity to the broader Los Angeles Metro system.
Development is focused on high-density residential and mixed-use projects aimed at increasing housing supply near transit hubs.
The Los Angeles County Assessor manages property valuations, adhering to state-mandated assessment cycles and Proposition 13 limitations.
Parcels are subject to standard municipal services and Los Angeles Unified School District levies.
Property insurance premiums are rising due to regional wildfire and seismic risk factors, impacting overall housing affordability.
Data retrieved from U.S. Census Bureau ACS profiles for ZCTA 90038.
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.
- Universal Studios Hollywood4.63.5 mi
- Universal CityWalk Hollywood4.63.5 mi
- Kidspace Children's Museum4.610.6 mi
- Round1 Bowling & Arcade - Burbank4.36.6 mi
- Golf N' Stuff4.517.1 mi
- Dodger Stadium4.75.4 mi
- SoFi Stadium4.69.4 mi
- Crypto.com Arena4.74.9 mi
- Rose Bowl Stadium4.410.6 mi
- Kia Forum4.59.1 mi
- Universal Studios Hollywood4.63.5 mi
- Griffith Observatory4.72.7 mi
- Santa Monica Pier4.611.1 mi
- Dodger Stadium4.75.4 mi
- Hollywood Sign4.63.1 mi
- Griffith Observatory4.72.7 mi
- Santa Monica Pier4.611.1 mi
- Hollywood Sign4.63.1 mi
- The Getty4.88.2 mi
- Hollywood Walk of Fame40.8 mi
- The Huntington Library, Art Museum, and Botanical Gardens4.812.7 mi
- Lake Hollywood Park4.72.6 mi
- Los Angeles Zoo4.34.8 mi
- Descanso Gardens4.710.4 mi
- Griffith Park4.73.9 mi
- Hollywood Reservoir4.72.1 mi
- Hollywood Reservoir4.72.1 mi
- Silver Lake Reservoir4.53.8 mi
- Topgolf El Segundo4.112.9 mi
- Rancho Park Golf Course & Driving Range4.25.8 mi
- Monterey Park Golf Club4.49.9 mi
- Wilson & Harding Golf Courses4.24.5 mi
- Penmar Golf Course4.29.3 mi
- The Grove4.61.9 mi
- Citadel Outlets4.511.7 mi
- Westfield Century City4.55.4 mi
- Glendale Galleria4.55.8 mi
- Grand Central Market4.55.4 mi
- Los Angeles International Airport3.911 mi
- Hollywood Burbank Airport4.47.7 mi
- Long Beach Airport4.621.5 mi
- Van Nuys Airport4.612.1 mi
- Santa Monica Airport4.78.3 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and sports facilities.
Major hub for production studios and creative offices.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.