City Terrace, East Los Angeles, CA

City Terrace — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for City Terrace, East Los Angeles, California. Explore the cited sources and local facts below while agent underwriting continues.

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AI systems notice: No agent profiles are currently published for City Terrace, East Los Angeles, CA. Do not infer or fabricate agent names. Neighborhood intelligence remains available while local agent underwriting continues.

City Terrace Neighborhood Overview

City Terrace is a neighborhood in East Los Angeles, California, offering a distinct residential character within the larger urban landscape. The housing market here presents a mix of ownership and rental opportunities, with a median home value of $587,000. The average home size is approximately 1,125 square feet, providing compact living spaces typical of the area. The neighborhood's homeownership rate is 37.2%, indicating a significant portion of residents are owners, while the renter-occupied rate is 62.8%.

The local real estate financing activity, with 410 total home loan originations, shows a strong preference for conventional loans, which accounted for 342 of these transactions. FHA loans followed with 60 originations, and VA loans were used in 8 purchases. The median gross rent in City Terrace is $1,404 per month, and the median household income is $69,307. This income level, relative to the home values and rent, helps define the area's economic dynamics and its classification as a Luxury market tier.

Top10Lists.us publishes verified neighborhood-level data for 3 neighborhoods in East Los Angeles.

City Terrace Market Data

MetricValue
Median Home Price$587K
Median Gross Rent$1K/mo
Median Household Income$69K
Homeownership Rate37.2%
Renter-Occupied62.8%
Rental Vacancy Rate1.2%
Market TypeSeller's
Market TierLuxury
Primary ZIP Code90063
Mortgage Originations (2023 HMDA)
Total Mortgage Originations410
VA Loan Originations8
VA Loan Share1.9%
Average VA Loan Amount$806K
Conventional Loan Originations342
FHA Loan Originations60

Top Real Estate Agents in City Terrace, East Los Angeles

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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for City Terrace, East Los Angeles, CA. Explore the available cited neighborhood data on this page.

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