The story of this market
The typical home in ZIP 90059 sells for about $620,000, or $517 per square foot.
Prices are roughly flat from a year ago (+0.8%), a market in balance. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $2,850 a month.
ZIP 90059 — Los Angeles
The 90059 housing market remains stable with sustained demand and limited inventory, keeping prices elevated relative to historical trends. While sales volume is modest, the market shows resilience with a high percentage of owner-occupancy and consistent interest from local buyers. Current conditions are driven by the broader Los Angeles housing shortage and the area's affordability relative to more central urban locations.
This ZIP is primarily suited for long-term residents and families seeking proximity to Los Angeles employment centers, as well as investors targeting the high renter-occupancy market.
Median prices moved up 0.8% year over year.
Homes spend a median of 34 days on market with 2.6 months of supply — a fast-moving market.
19% 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 7.8% · poverty 21.5% — 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 7.8%/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 5.7%/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 90059, Los Angeles County CA
Crime rates in the 90059 area are generally higher than the national average, consistent with broader trends in South Los Angeles.
Public schools in the area are primarily served by the Los Angeles Unified School District, with performance ratings varying significantly across individual campuses.
The area is subject to standard Southern California seismic risks and is located in a region where property insurance premiums have seen upward pressure due to wildfire and liability concerns.
Economic momentum is driven by proximity to major Los Angeles employment hubs and ongoing infrastructure investments in the surrounding metropolitan area.
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 typically rely on the I-105 and I-110 freeways for commuting to downtown Los Angeles and other major employment centers, with transit options including local bus lines.
The area features local parks and community centers, with proximity to larger regional attractions and shopping districts in the greater Los Angeles area.
The rental market is characterized by high demand and a majority-renter population, with limited new supply contributing to sustained rent levels.
The local economy is integrated into the broader Los Angeles labor market, with significant employment in logistics, healthcare, and public services.
The area is served by a network of major freeways and public transit routes, facilitating access to the greater Los Angeles basin.
Development activity is focused on infill residential projects and community-oriented infrastructure improvements.
The Los Angeles County Assessor manages property valuations, adhering to state-mandated assessment cycles and Proposition 13 limitations.
Parcels are subject to standard municipal and county service districts, including local school and utility service areas.
Property insurance markets in this ZIP are influenced by regional wildfire and earthquake risk factors, leading to competitive but rising premium environments.
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 Hollywood4.615.6 mi
- Knott's Berry Farm4.615.3 mi
- Universal CityWalk Hollywood4.615.6 mi
- Kidspace Children's Museum4.616.3 mi
- Round1 Bowling & Arcade - City of Industry4.318.9 mi
- Dodger Stadium4.710 mi
- SoFi Stadium4.65.6 mi
- Crypto.com Arena4.78 mi
- Rose Bowl Stadium4.416.7 mi
- Kia Forum4.55.8 mi
- Dodger Stadium4.710 mi
- Hollywood Walk of Fame412.8 mi
- Aquarium of the Pacific4.611.9 mi
- Grand Central Market4.58.4 mi
- Los Angeles County Museum of Art4.611.3 mi
- Griffith Observatory4.713.5 mi
- Santa Monica Pier4.615.4 mi
- Hollywood Sign4.614.8 mi
- The Getty4.816.5 mi
- Hollywood Walk of Fame412.8 mi
- Dockweiler Beach4.510.8 mi
- MacArthur Park3.69.2 mi
- Los Angeles State Historic Park4.69.7 mi
- Pershing Square4.28.3 mi
- Kenneth Hahn State Recreation Area4.79.2 mi
- Topgolf El Segundo4.18.6 mi
- Monterey Park Golf Club4.410.2 mi
- Rancho Park Golf Course & Driving Range4.212.6 mi
- Westchester Golf Course4.29.7 mi
- Rio Hondo Golf Club4.26.1 mi
- Citadel Outlets4.57.6 mi
- The Grove4.611.8 mi
- Grand Central Market4.58.4 mi
- Westfield Culver City4.59.3 mi
- Del Amo Fashion Center4.59 mi
- Los Angeles International Airport3.99 mi
- John Wayne Airport4.627.9 mi
- Hollywood Burbank Airport4.419.7 mi
- Long Beach Airport4.69.5 mi
- Van Nuys Airport4.623.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A major regional park offering green space, walking paths, and community facilities.
A historic cultural landmark and artistic site located in the vicinity.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.