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
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 Los Angeles: The 90040 ZIP code is in Los Angeles, CA. Los Angeles is the most populous city in the U.S. state of California, and the commercial, financial, and cultural center of Southern California. With an estimated 3.87 million residents within the city limits as of 2025, it is the second-most populous city in the United States, behind New York City, and the largest city in the Western United States. The city has an ethnically and culturally diverse population, and is the principal city of a metropolitan area of 12.9 million people (2024). Greater Los Angeles, a combined statistical area that includes the Los Angeles and Riverside–San Bernardino metropolitan areas, is a sprawling metropolis of over 18 million residents.
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
Sellers hold the edge right now. 86% of current listings are under 30 days old, and supply sits at 3.5 months, roughly in step with demand. Sellers have the stronger hand, though prepared buyers can still negotiate on the right home.
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 ~36 days.
● Tight: strong demand● Balanced: steady pace● Ample: more choice
Sales Velocity
How fast homes are selling
Homes are selling at a steady pace, so buyers have some time, though competition still exists.
● <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
36%
Homeowners
64%
Renters
Homeownership is 19.5 points lower than the California average (55.5%)
Higher renter rates typically mean more rental inventory and neighborhood turnover.
1,419,663 households (2023)
Median Price by Bedroom
Home prices increase with bedroom count, though premiums vary by size.
2 Bed$629K
3 Bed$750K
4 Bed$770K
Each additional bedroom adds about $71K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 2 → 3 bedrooms (+$121K)
Price Reductions
1
1 listings have reduced their price
14% of active listings
Average reduction: 0.7% (~$5K)
Some sellers are adjusting prices, so there is room to negotiate on those select listings.
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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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