90007, Los Angeles, CA

The 90007 zip code of Los Angeles, CA is one of the most expensive zip codes in the United States. Home prices in this zip code are significantly higher than home prices in other parts of the country. The average home price in the 90007 zip code is $1,085,000. This is more than double the national average home price of $480,000.

There are a number of reasons why home prices in the 90007 zip code are so high. One reason is that this area is located near some of Los Angeles' most prestigious neighborhoods such as Beverly Hills and West Hollywood. Additionally, many wealthy people live in this area and they are willing to pay a high price for property.

Another reason why home prices in the 90007 zip code are so high is that there is a lot of demand for property here. Many people want to live in this area because it has all the amenities that they want and it's also very safe. Additionally, many people believe that property values will continue to increase over time due to all of the new development projects that are underway in this area.