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 Size

Housing Units by Size
Studio Type16.60%
One Bedroom28.10%
Two Bedrooms27.90%
Three Bedrooms18.80%
Four Bedrooms6.70%
Five Bedrooms or more1.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3
Median year structure was built1956
Median Value of occupied units$221,600
Median Price asked for vacant units$173,300

Rented Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1964
Median Monthly Rent asked for vacant units$603

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage10.90%
Home Equity Loan6.70%
Simple Mortgage59%
Debt Free23%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs23.9%