1 / 25
NEW 3 DAYS AGO
$629,000FOR SALE
2 beds · 1 baths · 796 sqft
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7 homes in 90040
Homes for Sale in 90040
East Los Angeles, CA
5037 Gafford Street, Commerce, CA 90040
1 / 22
NEW 3 DAYS AGO
$750,000FOR SALE
3 beds · 2 baths · 1,100 sqft
Coldwell Banker Home Source
1 / 5
Price cut: $5,000 (3/3)
3D TOUR
$683,000FOR SALE
3 beds · 3 baths · 1,283 sqft
The Agency
1 / 7
$830,000FOR SALE
3 beds · 3 baths · 1,528 sqft
Century 21 Realty Masters
1 / 20
Price cut: $5,000 (8/27)
OPEN SATURDAY, 6PM - 9PM
$764,999FOR SALE
4 beds · 4 baths · 1,580 sqft
Better Homes and Gardens RE
1 / 10
$638,000FOR SALE
3 beds · 3 baths · 1,346 sqft
IRN REALTY
1 / 20
$760,000FOR SALE
3 beds · 3 baths · 1,320 sqft
HomeSmart Realty Group
About 90040 Real Estate
About East Los Angeles: The 90040 ZIP code is in East Los Angeles, CA. East Los Angeles, or East L.A., is an unincorporated community in the Eastside of Los Angeles County, California, United States. It borders Monterey Park to the northeast; the City of Los Angeles to the north, west, and a small portion to the south. Commerce to the south, and Montebello to the southeast. California State Route 60 and Interstate 710 intersect through the community. According to the United States Census Bureau, East Los Angeles is designated as a census-designated place (CDP) for statistical purposes. The most recent data from the 2020 census reports a population of 118,786, reflecting a 6.1% decrease compared to the 2010 population of 126,496.
Today, the 90040 area has 7 homes for sale with a median listing price of $750K. The average price per square foot is $583.
90040 Area Market Pulse
Topfind Market Read
The picture is mixed here. 71% of current listings are under 30 days old, yet 29% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Buyer leverageBalancedSeller leverage
Median Home Price
$750K
Chart shows the median closed sale price by month
$886.2K$747.1K$612K$477K
Sep 25
Jan 26
Jun 26
Months of Supply
Estimated time to sell all listings at the current sales pace
3.5 months of supply
Balanced Supply7 active listings currently on the market.
Tight (<3 mo)
Balanced (3 to 6 mo)
Ample (6+ mo)
3.5
0369+
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~46 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options.
● <30d: Fast● 30-45d: Steady● 45d+: Slower
Inventory Distribution
Most current listings are under 30 days old, so the mix skews toward fresh inventory.
New
Active
Aging
Stale
Under 30 days → competitive, act quicklyOver 60 days → potential negotiation opportunities
Housing Tenure in 90040 Area
Renting is more common here than statewide, so this market has more rental inventory and shorter-term residents.
HomeownersRenters
34%
Homeowners
66%
Renters
Homeownership is 21.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
30,604 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
2 Bed$629K
3 Bed$732K
4 Bed$765K
Each additional bedroom adds about $68K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$103K)
Price Reductions
2
2 listings have reduced their price
29% of active listings
Average reduction: 0.7% (~$5K)
A sizable share of sellers have trimmed their asking price. Those listings are the clearest place to negotiate.
Explore Nearby Cities
Browse homes for sale in cities near East Los Angeles
Frequently Asked Questions about Homes for Sale in 90040, CA
How many homes are for sale in 90040, CA?
There are currently 7 homes for sale in 90040, ranging from $629,000 to $830,000. 2 of them hit the market within the last week.
What is the median home price in 90040?
The median list price in 90040 is $750,000. Price per square foot averages $583.
How fast do homes sell in 90040?
Homes in 90040 currently average 46 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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