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Real Estate Prices & Overview

S Grand Ave / W 67th St median real estate price is $728,549, which is more expensive than 35.5% of the neighborhoods in California and 80.7% of the neighborhoods in the U.S.

The average rental price in S Grand Ave / W 67th St is currently $2,486, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.0% of California neighborhoods.

S Grand Ave / W 67th St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

S Grand Ave / W 67th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the S Grand Ave / W 67th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

In S Grand Ave / W 67th St, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 84.4% of all neighborhoods in the U.S. This means that the housing supply in S Grand Ave / W 67th St is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Los Angeles, the S Grand Ave / W 67th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The S Grand Ave / W 67th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, if you love row houses and attached homes, you will probably really like the S Grand Ave / W 67th St neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 25.9% of the residential real estate here is classified as row houses and attached homes.

Furthermore, renter-occupied real estate is dominant in the S Grand Ave / W 67th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.1%, which is higher than 95.1% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.

Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 72.5% of the residential real estate in the S Grand Ave / W 67th St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

NeighborhoodScout's exclusive research identifies the S Grand Ave / W 67th St neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 45.5% of its working residents employed in such fields, which is a higher proportion than 97.5% of American neighborhoods.

People

NeighborhoodScout's exclusive research revealed that 94.0% of the adult residents in the S Grand Ave / W 67th St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.6% of the neighborhoods in America.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.6% of U.S. neighborhoods.

Length of Commute

Regardless of the means by which residents commute, this neighborhood has a length of commute that is notable. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the S Grand Ave / W 67th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.6% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.1% of all neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the S Grand Ave / W 67th St neighborhood has a greater percentage of residents born in another country (50.4%) than are found in 97.6% of all U.S. neighborhoods.

Diversity

Did you know that the S Grand Ave / W 67th St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 53.0% of this neighborhood's residents have Mexican ancestry.

S Grand Ave / W 67th St is also pretty special linguistically. Significantly, 88.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% of all U.S. neighborhoods.

The Neighbors

There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.

The neighbors in the S Grand Ave / W 67th St neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 79.7% of U.S. neighborhoods. With 39.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.4% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the S Grand Ave / W 67th St neighborhood, 45.5% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 30.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.5%), and 10.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the S Grand Ave / W 67th St neighborhood is Spanish, spoken by 88.2% of households. Some people also speak English (11.3%).

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the S Grand Ave / W 67th St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (53.0%). There are also a number of people of Sub-Saharan African ancestry (2.4%), and residents who report African roots (2.4%). In addition, 50.4% of the residents of this neighborhood were born in another country.

Getting to Work

Even if your neighborhood is walkable, you may still have to drive to your place of work. Some neighborhoods are located where many can get to work in just a few minutes, while others are located such that most residents have a long and arduous commute. The greatest number of commuters in S Grand Ave / W 67th St neighborhood spend between 15 and 30 minutes commuting one-way to work (32.5% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (9.6%) who commute over an hour in each direction.

Here most residents (67.2%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.6%) and 12.7% of residents also ride the bus for their daily commute. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.


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