Redondo Beach, CA 90277 - Real Estate Investment Insights & Performance Data

Welcome to our 90277 real estate data hub, tailored for investors in Redondo Beach, CA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 90277 in Redondo Beach, CA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in LOS ANGELES COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Redondo Beach, CA real estate investing. Uncover the wealth of information available, and position yourself for success in the Redondo Beach property market.

• Location Overview

  • Zip Code: 90277
  • City: Redondo Beach
  • State: CA
  • Metro Area: Los Angeles-Long Beach-Anaheim, CA
  • County Name: LOS ANGELES COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $1,524,192
  • Average Home Price (Single Family Homes): $1,707,993
  • Average Monthly Rental Price (All Types): $3,274
  • Price-to-Rent Ratio: 39
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.7%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $3,040
  • Average 3 Bedroom Section 8 Rental Rates: $3,950
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 41.78
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 32.16
  • Number of Units Offered in Section 8 in the County: 46745
  • Number of Occupied Units in Section 8 in the County: 45172
  • Percentage of Section 8 Units Occupied in the County: 96.59999847%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 224.03
  • Total % Appreciation since 2000 (Government Data): 181.86
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -3.4%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -0.58%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 32.04%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 45.06%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 117.15%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 94.16%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 184.73%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.84%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 7.83%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 24.14%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 33.35%