The story of this market
The typical home in ZIP 90029 sells for about $1,050,000, or $650 per square foot.
Prices are up +1.4% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $2,450 a month.
ZIP 90029 — Los Angeles
The 90029 housing market remains stable with high demand for limited inventory, driving prices upward despite broader economic headwinds. The market is heavily skewed toward renters, with a high renter-occupancy rate and consistent demand for multi-family housing. Current conditions reflect a competitive environment for buyers, particularly for single-family homes in the area.
This ZIP is well-suited for urban professionals and renters who prioritize proximity to Hollywood and Downtown employment centers, as well as investors looking for high-density multi-family opportunities.
Median prices moved up 1.4% year over year.
Homes spend a median of 35 days on market with 3.8 months of supply — a fast-moving market.
15% 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 5.5% · poverty 18.0% — 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 6.8%/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 5.6%/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 90029, Los Angeles County, CA
Crime rates in the 90029 area are higher than the national average, consistent with dense urban neighborhoods in Los Angeles. Reported trends indicate ongoing challenges with property-related offenses.
Schools serving the area are part of the Los Angeles Unified School District, with performance ratings varying significantly across individual campuses.
The area is subject to standard California seismic risks and urban fire hazards, with insurance premiums reflecting the high-density, high-cost nature of the Los Angeles market.
Development momentum is driven by infill residential projects and the revitalization of nearby corridors like Sunset Junction, supported by proximity to major Hollywood employment hubs.
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 the Hollywood Freeway (US-101) and proximity to Metro B Line stations, facilitating transit to Downtown Los Angeles and Hollywood.
The area features proximity to local parks and is within a short drive of the Griffith Park trail system, as well as the dining and shopping districts of Silver Lake and East Hollywood.
The rental market is characterized by high demand and a high renter-occupancy rate, with limited vacancy pressure and a significant presence of multi-family housing stock.
The economy is anchored by the entertainment, media, and creative industries prevalent in the Hollywood and Silver Lake areas, with a strong service-sector base.
The area is served by major arterial roads and the Metro B Line, providing critical transit links to the broader Los Angeles metropolitan area.
Development is focused on high-density residential infill and mixed-use projects along major transit corridors.
Parcels are subject to Los Angeles Unified School District taxes and various municipal utility assessments.
Property insurance markets are tightening due to wildfire and seismic risk exposure across the Los Angeles region.
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.
- Universal Studios Hollywood4.64.7 mi
- Universal CityWalk Hollywood4.64.7 mi
- Kidspace Children's Museum4.68.9 mi
- Golf N' Stuff4.515.6 mi
- Round1 Bowling & Arcade - Burbank4.36.7 mi
- Dodger Stadium4.73.4 mi
- SoFi Stadium4.69.6 mi
- Crypto.com Arena4.73.5 mi
- Rose Bowl Stadium4.48.9 mi
- Kia Forum4.59.4 mi
- Universal Studios Hollywood4.64.7 mi
- Griffith Observatory4.72.1 mi
- Santa Monica Pier4.612.8 mi
- Dodger Stadium4.73.4 mi
- Hollywood Sign4.63.5 mi
- Griffith Observatory4.72.1 mi
- Santa Monica Pier4.612.8 mi
- Hollywood Sign4.63.5 mi
- The Getty4.810.1 mi
- Hollywood Walk of Fame42.1 mi
- The Huntington Library, Art Museum, and Botanical Gardens4.810.8 mi
- Lake Hollywood Park4.73.2 mi
- Los Angeles Zoo4.34.2 mi
- Descanso Gardens4.79.3 mi
- Griffith Park4.73.4 mi
- Silver Lake Reservoir4.51.9 mi
- Silver Lake Reservoir4.51.9 mi
- Echo Park Lake4.62.3 mi
- Echo Park Lake4.62.3 mi
- Hollywood Reservoir4.72.9 mi
- Rancho Park Golf Course & Driving Range4.27.6 mi
- Monterey Park Golf Club4.47.9 mi
- Wilson & Harding Golf Courses4.23.9 mi
- Penmar Golf Course4.210.9 mi
- Westchester Golf Course4.211.1 mi
- Citadel Outlets4.59.9 mi
- The Grove4.63.7 mi
- Westfield Century City4.57.3 mi
- Glendale Galleria4.54.6 mi
- Grand Central Market4.53.7 mi
- Los Angeles International Airport3.911.8 mi
- Hollywood Burbank Airport4.48.4 mi
- Long Beach Airport4.620.6 mi
- Van Nuys Airport4.613.7 mi
- Santa Monica Airport4.79.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Historic film studio and event space.
Local community anchor.
Nearby vibrant commercial district.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.