Two West Hollywood Zip Codes among Nation’s Most Expensive Zips

The ten most expensive Los Angeles zip codes

West Hollywood is a city that was founded on renter’s right, prides itself on its strict rent control laws and constantly strives to get more affordable housing units built. West Hollywood also turns out to be home to two of the most expensive zip codes in the United States in terms of real estate – 90048 and 90069.

The Realty Hop blog, which examines real estate trends across the nation, recently studied the most expensive housing markets in America. Of the top 100 most expensive zip codes, ten are located in the Los Angeles area. Two of those ten LA zip codes cover parts of West Hollywood.

The 90048 zip code includes the West Hollywood West neighborhood, as well as the Beverly Grove neighborhood of Los Angeles, plus portions of Los Angeles as far south as Olympic Boulevard.

Meanwhile the 90069 zip code includes the Norma Triangle, Tri-West, West Hollywood North and West Hollywood Heights neighborhoods of West Hollywood, as well as the Hollywood Hills West areas of Los Angeles.

These two West Hollywood zip codes cover the entire Westside of the city, where the bulk of the land in the city is located.

The 90048 zip code had a median home price of $1,995,000, while 90069 had a median home price of $1,895,000 according to the study.

Realty Hop came to these findings by pulling every real estate listing advertised in the United States so far this year – some 3.2 million listings – and sorting the properties by zip code. Then they ranked each zip code by median price to come to the conclusions. The listings considered included single-family homes, as well as duplexes, triplexes, condominiums, co-ops and multi-family buildings.

With ten of the priciest zip codes, Los Angeles has the most of any city in the nation. By comparison, New York City has six of the priciest zips. Those top ten zip codes in Los Angeles were:

  1. 90210 (Beverly Hills)
  2. 90077 (Bel Air)
  3. 90272 (Pacific Palisades)
  4. 90049 (Brentwood)
  5. 90291 (Venice)
  6. 91436 (Encino)
  7. 90036 (Fairfax and Miracle Mile districts)
  8. 90048 (West Hollywood West and Beverly Grove)
  9. 90027 (Los Feliz)
  10. 90069 (Norma Triangle and Hollywood Hills West)

Nationwide, the 100 most expensive zip codes are located in just 11 states. California has 68 of those zip codes, followed by New York with 20.

The top ten zips nationwide are:

  1. Atherton, CA (94027)
  2. Fisher Island, FL (33109)
  3. Beverly Hills, CA (90210)
  4. Sagaponack, NY (11962)
  5. Palo Alto, CA (94304)
  6. Los Angeles (Bel Air), CA (90077)
  7. Water Mill, NY (11976)
  8. Montecito, CA (93108)
  9. New York (Soho), NY (10013)
  10. Newport Beach, CA (92661)

The 90048 zip was ranked #74 on the nationwide list, while 90069 was #86 on the nationwide list.

5 2 votes
Article Rating

Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2 Comments
Newest
Oldest
Inline Feedbacks
View all comments
Jay
Jay
25 days ago

Part 2 of 2 Speaking from personal experience, it is comforting to know that as long as one is a good tenant, one has the law on one’s side. On a macro level, a city’s cultural richness and uniqueness is enhanced by its long term residents and their network of local connections established over time. I also see the advantages of propinquity: if different economic strata are housed in proximity it allows for profound conversations and friendships that might not otherwise occur. Finally, a wider range of rents would allow local workers a greater opportunity to be local residents, reducing… Read more »

Jay
Jay
25 days ago

That 90048 and 90069 (where my rent-controlled historic building lies) are in the top 10 Los Angeles area zip codes with the highest median home sales prices is a mixed blessing. On the one hand, it means more property tax revenue for Covid-depleted City coffers. On the other hand, if one believes as I do that an economically diverse community is a worthy objective, this fact presents a challenge, as rents correlate positively to property values. Given that the less fortunate are more likely to be renting, rental prices should be our focus in West Hollywood to achieve this diversity.… Read more »

2
0
Would love your thoughts, please comment.x
()
x