Los Angeles, CA Real Estate
According to census data in the year 2000 there were 1,337,668 housing units in Los Angeles.
This represents a 2.9% growth from 1,299,963 in 1990.
Of those housing units, 1,335,499 were located in either urbanized areas or urban clusters, and 2,169 were located in what is classified as a rural area.
Homeownership rate in Los Angeles is about 38.6%.
Los Angeles's vacancy rate, including seasonal lodging, is about 4.7%.
Average household size is 2.83 people.
The majority of houses, apartments or condos in Los Angeles were built after 1960.
|Housing Units by Size|
|Five Bedrooms or more||1.90%|
Owned Homes, Apartments and Condos
|Average Household Size||3|
|Median year structure was built||1956|
|Median Value of occupied units||$221,600|
|Median Price asked for vacant units||$173,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.73|
|Median year structure was built||1964|
|Median Monthly Rent asked for vacant units||$603|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||6.70%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||23.9%|