GemHausNew report
Boundary of ZIP code 90011

Market Snapshot

Median listing price
$650K

The median listing price in Los Angeles, CA ZIP 90011 is $650,000 as of October 2026.

Median rent
$2,450/mo

The median market rent in Los Angeles, CA ZIP 90011 is $2,450/month as of October 2026.

Days on market
42 days

The median days on market in Los Angeles, CA ZIP 90011 is 42 days as of October 2026. The market is currently neutral.

Gross rental yield
4.52%

At a median list price of $650,000 and a median rent of $2,450/month, the gross rental yield in Los Angeles, CA ZIP 90011 is 4.52% as of October 2026.

STR vs LTR
$4,670/mo STR · $2,450/mo LTR

In Los Angeles, CA ZIP 90011, median Airbnb revenue is $4,670/month compared to median long-term rent of $2,450/month as of October 2026.

Los Angeles, CA 90011 Real Estate Market Report

ZIP Code: 90011

Report Date: October 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Analysis Window
90 Days
Total Properties Analyzed
55
Active Listings
11
Sold Properties
44

Market Metrics

Median Listing Price
$650,000
Median Sold Price
$557,500
Median Price per Sqft
$492/sqft

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.


Rental Market

Median Market Rent
$2,450

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.


Property Taxes

Property Tax Rate
0.56%

Liquidity & Velocity

Median Days on Market
42
Sale-to-List Ratio
100.0%

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.


Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Price YoY Trend
flat
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Los Angeles are 7.28%, which is 1.3% higher than the 5.98% rate seen earlier in 2026, increasing borrowing costs for property owners in this market.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.


Key Findings

  1. The primary market indicator is the median sold price $557,500, which reflects recent transaction values and suggests that actual market clearing levels are below asking expectations given the median listing price $650,000 — pricing gap suggests seller expectation friction.
  2. The median days on market 42 points to a moderate slowdown in sales velocity; this pace may indicate balanced but cautious liquidity rather than rapid turnover, and it appears consistent with a cooling phase in local activity.
  3. Market direction signals are muted: the price year-over-year trend flat and the market temperature neutral together imply a stable but non-accelerating price environment, while interest rate pressure elevated and the rise to 7.28% (1.3% higher than 5.98% earlier in 2026) are likely constraining buyer affordability and contributing to the observed market flatness — elevated borrowing costs.
  4. Rental dynamics show support for income-based demand: the median market rent $2,450 alongside the rent year-over-year trend up suggests stronger rent-side fundamentals even as sale prices are stagnant, which may encourage hold-or-rent decisions for some owners — rent growth.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Recent Transactions

877 E 47th St, Los Angeles, CA 90011
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds1 baths1,302 sqft
$1,325,000
Sep 2026
$1,018/sqft
245 days on market
1515 E Martin Luther King Jr Blvd, Los Angeles, CA 90011
Premium

Sold above market average

4 beds1 baths1,244 sqft
$1,010,000
Jul 2026
$812/sqft
87 days on market
1330 E 33rd St, Los Angeles, CA 90011
Premium

Quick sale indicating strong buyer demand and competitive market conditions.

3 beds1 baths1,170 sqft
$670,000
Sep 2026
$573/sqft
1 days on market
814 E 41st St, Los Angeles, CA 90011
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds1 baths1,341 sqft
$595,000
Sep 2026
$444/sqft
1 days on market
334 E 57th St, Los Angeles, CA 90011
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths1,260 sqft
$585,000
Aug 2026
$464/sqft
1 days on market
1548 E 54th St, Los Angeles, CA 90011
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

2 beds1 baths700 sqft
$584,000
Aug 2026
$834/sqft
33 days on market
210 E 29th St, Los Angeles, CA 90011
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,384 sqft
$575,000
Aug 2026
$415/sqft
1 days on market
240 E 56th St, Los Angeles, CA 90011
Value

Sold below market average

2 beds1 baths932 sqft
$380,000
Aug 2026
$408/sqft
33 days on market

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

-$1,024/mo
90011 Avg Rent
90011 Cost to Own
Rent$2,450
Own$3,474

20% down, 7.28% rate, 0.6% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

90011 Avg nightly rate
90011 Avg occupancy (days/year)
Nightly rate$329/night
Occupancy234 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 10/2/2026

GemHaus

Get personalized market intelligence

Explore real-time property analysis in Los Angeles, CA: valuations, rental estimates, costs, and pro-forma projections.

Nearby Market Reports