Interested in purchasing investment houses in the 90402 zip code in Santa Monica, CA?
The zip code 90402 is in Los Angeles county with a latitude of -118.503640000000 and longitude of 34.035620000000, is in the state of California. The average asking price of houses and condos is $2,458,938.00 and the average sale price was $2,398,351.00. this regions is classified as the Reno metro area and consists of the following area codes: 310 and 424. The location in degrees is 34° 2' 8.232" N, 118° 30' 13.104" W. The county F.I.P.S. is 06037. This zip code contains two cities including Santa Monica, CA (71.15%), and Los Angeles, CA (24.43%) The total land area is 2.0 square miles and the water area is 0.1 square miles. The elevation in this area is 276 - 276 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 90402 is in county number 037 and is L. Sector 10, L. Segment 01, H. Sector 01, and H. Segment 01. The population was 12,011 in 2019 and 12,250 in 2010. This further breaks down to 5,790 males (48.2%) and 6,220 females (51.8%). The median age of residents is 49.1 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 5,994. This zip code has a combined total of 6,050 houses and condos. There are 1,595 rented appartments. 31% of residents rent versus the 31% of residents in the state who rent.
The financial status of those living in this area is considered upper middle class. The average individual gross adjusted income is $456,295 and the average salary is $267,356. The median household income of individuals is $148,789.00 and the average is $601,000.00. This zip code has a mean commute time to work of 26.7 minutes. The unemployment rate is 5.0%. Income earners by percent breakdown as 16.50% (Under $50,000), 19.60% ($50,000-$100,000), and 63.90% earn over $100,000. 5.4% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 147.3. The educational breakdown is 101.1% have a high school education or higher, 79.7% have a bachelor's degree or higher, and 42.1% have some kind of profesional degree.
This area has 5,301 households and the average size is 2.4 people. Individuals who are single and have never been married are 25.7%, 57.3% are now married, 0.4% are separated, 4.9% are widowed, and 11.7% are divorced. The average yearly contribution amount given by people to charity was $17,457 versus the state average of $4,659. The percent of residents who gave to charity was 56.0%.
The estimated median value of houses and condos is $2,211,495. The median monthly owner costs of mortgage holders was $4,036, where as the costs for those who don't have a mortgage are $1,516. The median number of rooms in houses and condos are 7.5 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $10,434. 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 0.5% which amounted to an average tax amount of $10,433. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $10,476. Reported taxable interest for persons was $23,857, dividends $49,550, capital gains +$131,583, and itemized deductions $135,919. The average earned income tax credit is $896. The percent of individuals that use a tax preparer is 79.5%. The total average income taxes paid by individuals was $75,964. Businesses reported an average profit of $50,676.
Il Ristorante di Giorgio Baldi
114 W Channel Rd, Santa Monica, CA 90402
Amici Brentwood
2538 San Vicente Blvd, Santa Monica, CA 90402
Patrick's Roadhouse
106 Entrada Dr, Santa Monica, CA 90402
Spumoni
713 Montana Ave, Santa Monica, CA 90403 (0.7 miles away)
BOA Steakhouse
101 Santa Monica Blvd, Santa Monica, CA 90401 (1.4 miles away)
Buon Giorno Caffe
1431 Santa Monica Blvd, Santa Monica, CA 90404 (1.8 miles away)
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