ZIP 90023 covers residential neighborhoods in Los Angeles, located within Los Angeles County, CA, part of the broader Los Angeles housing market. The typical home value in ZIP 90023 in the Los Angeles housing market is $642,381, with a typical rent of $2,121 per month. That puts the local home-value-to-annual-rent ratio at 25.2.
Key stats
- ZIP 90023 is around the 10th percentile of tracked local ZIPs for home value.
- ZIP 90023 is around the 67th percentile of tracked local ZIPs for buyer competition.
- The market-level home-value-to-annual-rent ratio is 25.2.
- 75 homes went pending for every 100 new listings in the current reading.
- Supply increased while buyer competition eased.
- Typical home value
- $642,381
- Typical rent
- $2,121
- Homes for sale
- 27
- Buyer competition
- 60
- New listings
- 8
- Homes going pending
- 6
- Listings with price cuts
- 14.5%
Price and rent in ZIP 90023
ZIP 90023 is around the 10th percentile of tracked local ZIPs for home value. ZIP 90023 is around the 3rd percentile of tracked local ZIPs for rent.
ZIP 90023 home value & rent trend (past 12 months)
Typical home value fell 2.1% over the past 12 months, from $656,347 to $642,381. It rose in 5 of 11 monthly readings. The largest monthly gain was +0.3% in October 2025.
How ZIP 90023 compares to the metro
ZIP 90023's typical home value is 30.9% below the metro median of $929,126. ZIP 90023's typical rent is 21.7% below the metro median of $2,710.
Supply, pending activity, and competition
ZIP 90023 is around the 9th percentile of tracked local ZIPs for for-sale inventory. ZIP 90023 is around the 67th percentile of tracked local ZIPs for buyer competition. 75 homes went pending for every 100 new listings in the current reading. Supply increased while buyer competition eased. Over the 12 readings on record, inventory moved between 19 and 27 — a 8-point spread across 94 comparable tracked ZIPs.
Nearby markets worth comparing
Relevant nearby ZIP pages include 90063, 90058, 90022, 90033.
Continue your market research
- Is Los Angeles Housing Market Cooling?Read the related local market analysis.
- Is Los Angeles a Buyer's Market?Read the related local market analysis.
- Compare 90023 vs 90002Compare this market with another tracked ZIP or peer group.
- Compare 90023 vs 90003Compare this market with another tracked ZIP or peer group.
- Compare 90023 vs top 5 ZIPsCompare this market with another tracked ZIP or peer group.
- ZIP 90063 housing marketReview a nearby local market with the same core measures.
- ZIP 90058 housing marketReview a nearby local market with the same core measures.
- ZIP 90022 housing marketReview a nearby local market with the same core measures.
- Los Angeles Metro housing market overviewReturn to the broader parent market.
90023 Housing Market Overview FAQ
What is the typical home value in ZIP 90023?
The typical home value in ZIP 90023 is $642,381 in the latest monthly reading.
What is the typical rent in ZIP 90023?
Typical rent in ZIP 90023 is $2,121 per month.
What is the home-value-to-rent ratio in ZIP 90023?
ZIP 90023 has a home-value-to-annual-rent ratio of 25.2.
Sources and method
- HomeMarketCap.com data sources: home value, rent, inventory, and market activity datasets
- HomeMarketCap.com methodology: definitions and calculation rules