Interested in purchasing investment houses in the 90005 zip code in Los Angeles, CA?
The zip code 90005 is in Los Angeles county with a latitude of -118.306430000000 and longitude of 34.059150000000, is in the state of California. The average asking price of houses and condos is $1,343,667.00 and the average sale price was $762,292.00. this regions is classified as the Reno metro area and is in the 213 area code. The location in degrees is 34° 3' 32.94" N, 118° 18' 23.148" W. The county F.I.P.S. is 06037. The total land area is 1.1 square miles and the water area is 0.0 square miles. The zip code is on pacific standard time and observes daylight savings time.
The zip 90005 is in county number 037 and is L. Sector 11, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 40,165 in 2019 and 37,681 in 2010. This further breaks down to 20,254 males (50.4%) and 19,910 females (49.6%). The median age of residents is 36.0 years. The population of the greater Los Angeles-Long Beach-Santa Ana, CA area is 13,331,266. The population density (people per square mile) is 37,052. This zip code has a combined total of 18,591 houses and condos. There are 15,694 rented appartments. 92% of residents rent versus the 92% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $46,274 and the average salary is $35,916. The median household income of individuals is $25,661.00 and the average is $57,430.00. This zip code has a mean commute time to work of 34.7 minutes. The unemployment rate is 4.7%. Income earners by percent breakdown as 77.70% (Under $50,000), 15.70% ($50,000-$100,000), and 6.60% earn over $100,000. 24.0% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 159.3. The educational breakdown is 71.1% have a high school education or higher, 32.2% have a bachelor's degree or higher, and 8.6% have some kind of profesional degree.
This area has 15,044 households and the average size is 2.3 people. Individuals who are single and have never been married are 50.4%, 35.0% are now married, 2.7% are separated, 4.6% are widowed, and 7.3% are divorced. The average yearly contribution amount given by people to charity was $7,575 versus the state average of $4,659. The percent of residents who gave to charity was 10.3%.
The estimated median value of houses and condos is $859,276. The median monthly owner costs of mortgage holders was $3,176, where as the costs for those who don't have a mortgage are $862. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 2.5.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $5,936. In comparision, the average real estate tax percent rate in the state is 0.7% which equated to an average real estate tax amount payment in the state of $4,142. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $6,379. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.6% which amounted to an average tax amount of $4,280. Reported taxable interest for persons was $2,710, dividends $7,824, capital gains +$33,022, and itemized deductions $40,720. The average earned income tax credit is $2,013. The percent of individuals that use a tax preparer is 71.7%. The total average income taxes paid by individuals was $18,340. Businesses reported an average profit of $10,932.
The Boiling Crab
3377 Wilshire Blvd Ste 115, Los Angeles, CA 90010 (0.2 miles away)
Corner Place Restaurant
2819 James M Wood Blvd, Los Angeles, CA 90006 (0.8 miles away)
Bricks and Scones
403 N Larchmont Blvd, Los Angeles, CA 90004 (1.2 miles away)
Orchid Bar/Kitchen
819 S Flower St, Los Angeles, CA 90017 (2 miles away)
WP24
The Ritz-Carlton 24th Floor 900 W. Olympic Blvd., Los Angeles, CA 90015 (2 miles away)
Restaurants
2820 S Vermont Ave, Los Angeles, CA 90007 (2.2 miles away)
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