South Los Angeles, Los Angeles, CA90003

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$593,000
2.6% YoY Growth
Median Household Income
$54,800
47.2% 5-Year Growth
Days on Market
77
27.0% Longer than last year
Home Price Forecast
-0.2%
Median Rent
$2,500
0.7% YoY Growth
1-Bed Rent
$2,000
1.0% YoY Growth
2-Bed Rent
$2,370
6.0% YoY Growth
3-Bed Rent
$3,300
3.9% YoY Growth

Other Zip Codes in South Los Angeles, Los Angeles, CA

Property Listings — South Los Angeles, Los Angeles, CA

As of Oct '25, Realtor.com reports that the median days on market for a home in South Los Angeles, Los Angeles, CA is 77. This is a increase of 27.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 4.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$607,0002.0%
Listing Count
5712.0%
Listings as % of Homes0.3%12.0%
Days on Market
7727.0%
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Demographics — South Los Angeles, Los Angeles, CA

As of the latest ACS Survey released in 2023, South Los Angeles, Los Angeles, CA has a population of 71,700, which has decreased by -1.4% over the past 5 years. South Los Angeles, Los Angeles, CA is a popular place for families, as children make up 31.4% of the population. The area has a poorly educated workforce, with 7.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
71,700-1.4%
% Under 18
31.4%-2.8%
% Seniors
7.4%29.8%
% WFH
4.5%104.5%
% w/ College Degree
7.1%29.1%
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As of the latest ACS Survey released in 2023, South Los Angeles, Los Angeles, CA is a predominantly hispanic area, with 81.0% of the population identifying as hispanic. The hispanic population has grown by 5.1% in the last 5 years. The second most common race or ethnicity in South Los Angeles, Los Angeles, CA is black, making up 16.7% of the population. Foreign-born residents account for 40.1% of the population in South Los Angeles, Los Angeles, CA, and this percentage has increased by 6.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
0.6%20.0%
% Black
16.7%-24.8%
% Hispanic
81.0%5.1%
% Asian
0.4%0.0%
% Foreign Born
40.1%6.9%
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Mortgage and Risk — South Los Angeles, Los Angeles, CA

According to HUD data as of 2023, there were 161 mortgage originations in South Los Angeles, Los Angeles, CA, of which 56.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in South Los Angeles, Los Angeles, CA. Investor activity is low, as 10.0% of loans were by investors. 17.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
161
% Conventional Loans
56.0%
% Government Loans
44.0%
% Investor Loans
10.0%
% Second Loans
1.0%
% Cash Out Refinance
17.0%

Loan Activity

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Rentals and Section 8 — South Los Angeles, Los Angeles, CA

As of 2024, the percent of homes in South Los Angeles, Los Angeles, CA under the Section 8 program is 21.6%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In South Los Angeles, Los Angeles, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.

Section 8 Market Size

Total Units under HUD
2,682
Total Units Section 8
2,656
% Rentals under Section 8
21.6%
% Occupied Section 8
83.5%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom-$190$2,000$1,810
2 Bedroom-$80$2,370$2,290
3 Bedroom-$360$3,300$2,940
4 Bedroom-$260$3,500$3,240

Affordability — South Los Angeles, Los Angeles, CA

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio10.5
Median Home Price$593,000
Median Household Income$54,800

South Los Angeles, Los Angeles, CA — ZIP Code Boundary Map

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Frequently Asked Questions