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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +12.9% YoY. inventory, +2.1% YoY, is the number to watch.
The median listing price is up 12.9% YoY while the median home got up 6.6% bigger, so value per square foot is down 5.8%.
U.S. Census ACS characteristics for ZIP 90404 itself, not its parent county.
Renters hold 78.6% of this ZIP's 10,714 occupied households, on a median household income of $95K.
| Measure | ZIP 90404 | Los Angeles County | Difference |
|---|---|---|---|
| Median Household Income | $95K | $90K | +$5K |
| Below Poverty Level | 14.9% | 13.7% | +1.2% |
| Median Age | 40.50 | 38.20 | +2.30 |
| Total Population | 22,978 | 9,808,667 | -- |
| Avg Household Size | 2.01 | 2.81 | -0.80 |
| Owner-Occupied | 21.4% | 45.9% | -24.5% |
| Worked From Home | 39.7% | 17.1% | +22.6% |
| Mean Commute | 20.60 | 30.40 | -9.80 |
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.