Interested in purchasing investment houses in the 90405 zip code in Santa Monica, CA?
The zip code 90405 is in Los Angeles county with a latitude of -118.468210000000 and longitude of 34.011790000000, is in the state of California. The average asking price of houses and condos is $1,244,649.00 and the average sale price was $967,978.00. 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° 0' 42.444" N, 118° 28' 5.556" W. The county F.I.P.S. is 06037. This zip code contains two cities including Santa Monica, CA (93.18%), and Los Angeles, CA (0.58%) The total land area is 2.6 square miles and the water area is 0.2 square miles. The elevation in this area is 141 - 141 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 90405 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 28,463 in 2019 and 27,186 in 2010. This further breaks down to 14,518 males (51.0%) and 13,943 females (49.0%). The median age of residents is 40.6 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 10,754. This zip code has a combined total of 15,515 houses and condos. There are 9,295 rented appartments. 66% of residents rent versus the 66% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $129,480 and the average salary is $102,990. The median household income of individuals is $73,327.00 and the average is $162,910.00. This zip code has a mean commute time to work of 26.7 minutes. The unemployment rate is 4.0%. Income earners by percent breakdown as 34.30% (Under $50,000), 30.40% ($50,000-$100,000), and 35.40% earn over $100,000. 9.8% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 151.6. The educational breakdown is 96.3% have a high school education or higher, 69.9% have a bachelor's degree or higher, and 28.9% have some kind of profesional degree.
This area has 14,376 households and the average size is 2.0 people. Individuals who are single and have never been married are 45.7%, 38.3% are now married, 0.6% are separated, 3.1% are widowed, and 12.3% are divorced. The average yearly contribution amount given by people to charity was $6,621 versus the state average of $4,659. The percent of residents who gave to charity was 39.8%.
The estimated median value of houses and condos is $1,614,833. The median monthly owner costs of mortgage holders was $3,847, where as the costs for those who don't have a mortgage are $758. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 3.3.
The real estate tax percent rate is 0.5% which equated to an average real estate tax amount payment of $7,636. 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 $8,466. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $4,681. Reported taxable interest for persons was $3,657, dividends $13,315, capital gains +$38,916, and itemized deductions $44,389. The average earned income tax credit is $1,334. The percent of individuals that use a tax preparer is 64.9%. The total average income taxes paid by individuals was $23,192. Businesses reported an average profit of $27,783.
Valentino Santa Monica
3115 Pico Blvd, Santa Monica, CA 90405
La Vecchia Cucina
2654 Main St Ste D, Santa Monica, CA 90405
Brick+Mortar
2435 Main St, Santa Monica, CA 90405
Gilbert's El Indio Restaurant
2526 Pico Blvd, Santa Monica, CA 90405
L&L Hawaiian Barbecue
1916 Lincoln Blvd, Santa Monica, CA 90405
Tandoor-India
2622 Pico Blvd, Santa Monica, CA 90405
Enterprise Fish Co
174 Kinney St, Santa Monica, CA 90405