The 90048 zip code has a younger population than other areas in California with a median age of 39 years. It is also somewhat affluent with a median income of $58,097 per household. Detached homes account for 73% of the area's current housing market. Topping the list of best schools in the zip code is Carpenter Avenue Elementary School.
Some of the more expensive homes in California are in the 90048 zip code with a median home value of $860,000 and an average list price for available homes currently at $1,679,637. The 90048 zip code market was active in this week's report, as the number of home sales climbed 4.8%, pushing the total to 22 homes sold over the last 30 days.
Make sure you take a look at these eye-catching homes in the 90048 zip code that generated the most views from potential buyers:
The typical dwelling in the 90048 zip code is a three-bedroom detached home worth about $1,848,403. To purchase a similar home, a buyer with good credit and a $369,681 cash down payment could obtain a mortgage with a 3.95% interest rate and a $4,046 monthly payment. The property tax rate is $7.73 per $1,000 of taxable assessed value.
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