Downtown LA, Los Angeles, CA—90014
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Downtown LA, Los Angeles, CA
As of Oct '25, the median home price in Downtown LA, Los Angeles, CA is $545,000, with a year-over-year change of -6.2%. This indicates that home prices in Downtown LA, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is -0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $545,000 | -6.2% |
| Single Family | N/A | N/A |
| Condos | $534,000 | -7.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $494,000 | -7.3% |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Downtown LA, Los Angeles, CA
As of July '25, Rentcast reports the average rent in Downtown LA, Los Angeles, CA is $2,890, with a year-over-year rent change of -14.7%. Per bedroom, the median rent as of July '25 in Downtown LA, Los Angeles, CA is studios: $2,160, 1-bedrooms: $2,720, 2-bedrooms: $4,360, 3-bedrooms: $9,500. The most common rental property sizes in Downtown LA, Los Angeles, CA are studio and 2-bedroom, accounting for 75.1% and 12.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,500 | $2,890 |
| Studio Rent | $2,050 | $2,160 |
| 1 Bed Rent | $2,580 | $2,720 |
| 2 Bed Rent | $3,800 | $4,360 |
| 3 Bed Rent | $9,500 | $9,500 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Downtown LA, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Downtown LA, Los Angeles, CA is 114. This is a decrease of -21.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 17.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $550,000 | 17.0% |
Listing Count | 24 | 41.0% |
| Listings as % of Homes | 0.2% | 41.0% |
Days on Market | 114 | -21.0% |
Demographics — Downtown LA, Los Angeles, CA
As of the latest ACS Survey released in 2023, Downtown LA, Los Angeles, CA has a population of 9,540, which has increased by 14.5% over the past 5 years. Downtown LA, Los Angeles, CA is a less popular place for families, as children make up 5.6% of the population. The area has a moderately educated workforce, with 43.2% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 27.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,540 | 14.5% |
% Under 18 | 5.6% | 330.8% |
% Seniors | 17.6% | -0.6% |
% WFH | 27.7% | 62.9% |
% w/ College Degree | 43.2% | -5.7% |
As of the latest ACS Survey released in 2023, Downtown LA, Los Angeles, CA is a predominantly white area, with 26.6% of the population identifying as white. The white population has shrunk by 34.0% in the last 5 years. The second most common race or ethnicity in Downtown LA, Los Angeles, CA is hispanic, making up 22.8% of the population. Foreign-born residents account for 29.2% of the population in Downtown LA, Los Angeles, CA, and this percentage has increased by 3.2% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 26.6% | -34.0% |
% Black | 21.8% | 5.8% |
% Hispanic | 22.8% | 43.4% |
% Asian | 22.5% | 25.7% |
% Foreign Born | 29.2% | 3.2% |
Mortgage and Risk — Downtown LA, Los Angeles, CA
According to HUD data as of 2023, there were 13 mortgage originations in Downtown LA, Los Angeles, CA, of which 100.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Downtown LA, Los Angeles, CA. Investor activity is low, as 15.0% of loans were by investors. 0.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 13 |
% Conventional Loans | 100.0% |
% Government Loans | 0.0% |
% Investor Loans | 15.0% |
% Second Loans | 8.0% |
% Cash Out Refinance | 0.0% |
Loan Activity
Rentals and Section 8 — Downtown LA, Los Angeles, CA
Downtown LA, Los Angeles, CA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,628 |
Total Units Section 8 | 1,614 |
% Rentals under Section 8 | 26.9% |
% Occupied Section 8 | 88.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $230 | $2,580 | $2,810 |
| 2 Bedroom | -$250 | $3,800 | $3,550 |
| 3 Bedroom | -$4,990 | $9,500 | $4,510 |
| 4 Bedroom | N/A | N/A | $5,000 |
Affordability — Downtown LA, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 18.4 |
| Median Home Price | $545,000 |
| Median Household Income | $33,800 |