Compare with
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +3.0% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +11.0% YoY, is the number to watch.
The median listing price is up 3.0% YoY while the median home got up 12.7% bigger, so value per square foot is down 1.8%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $783K purchase rents for $2,400/mo: 0.31% of price per month against the 1% rule's 1.00%.
Not shown: 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 10 days longer to go under contract than rentals (median across 4 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented).
U.S. Census ACS characteristics for ZIP 90031 itself, not its parent county.
Renters hold 68.6% of this ZIP's 12,313 occupied households, on a median household income of $63K.
| Measure | ZIP 90031 | Los Angeles County | Difference |
|---|---|---|---|
| Median Household Income | $63K | $90K | -$27K |
| Below Poverty Level | 19.2% | 13.7% | +5.5% |
| Median Age | 39.80 | 38.20 | +1.60 |
| Total Population | 36,127 | 9,808,667 | -- |
| Avg Household Size | 2.90 | 2.81 | +0.09 |
| Owner-Occupied | 31.4% | 45.9% | -14.5% |
| Worked From Home | 13.7% | 17.1% | -3.4% |
| Mean Commute | 29.20 | 30.40 | -1.20 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is down 0.4% to 9,808,667: residents under 18 are down 1.9% and those 65 and over are up 2.7%.
County median household income is $90K, 13.7% of residents are below the poverty level, 17.1% work from home.