San Fernando Rd / Osborne St median real estate price is $817,636, which is more expensive than 45.4% of the neighborhoods in California and 85.4% of the neighborhoods in the U.S.
The average rental price in San Fernando Rd / Osborne St is currently $2,015, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.7% of California neighborhoods.
San Fernando Rd / Osborne St is an urban neighborhood (based on population density) located in Los Angeles, California.
San Fernando Rd / Osborne St real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and small apartment buildings. Most of the residential real estate is owner occupied. Many of the residences in the San Fernando Rd / Osborne St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
In San Fernando Rd / Osborne St, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in San Fernando Rd / Osborne St is very tight compared to the demand for property here.
The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.
This neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the San Fernando Rd / Osborne St neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.
In addition, most neighborhoods have a mixture of ages of homes in them, from new to old, but this neighborhood stands out due to its concentration of residential real estate built in one time frame: from 1940 through 1969, generally considered older, well-established homes. This was a busy time in America for home construction. After the end of World War II, as GIs came home, bought newly built homes on the edges of cities with the help of the GI Bill, and began their families. This housing era generally coincides with the 'Baby Boom' generation (1945 - 1964), and many baby boomers grew up in homes built in this era. But what is so interesting about the San Fernando Rd / Osborne St neighborhood, is that an incredible 93.5% of the homes here were built in this era. So when you walk its streets or drive through, this neighborhood has a look and feel that harkens to that era in American life, a very important slice of Americana.
In a nation where 1 out of every 4 children lives in poverty, the San Fernando Rd / Osborne St neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
In addition, the San Fernando Rd / Osborne St neighborhood is unique for having just 5.4% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.8% of America's neighborhoods.
American households most often have a car, and regularly they have two or three. But households in the San Fernando Rd / Osborne St neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 60.3% of the households here have four, five, or more cars. That is more cars per household than in 99.9% of the neighborhoods in the nation.
More people work in manufacturing and as laborers here in the San Fernando Rd / Osborne St neighborhood than in 97.5% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.
Did you know that the San Fernando Rd / Osborne St neighborhood has more Mexican and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 59.1% of this neighborhood's residents have Mexican ancestry and 2.1% have Native American ancestry.
San Fernando Rd / Osborne St is also pretty special linguistically. Significantly, 90.9% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.6% of all U.S. neighborhoods.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the San Fernando Rd / Osborne St neighborhood in Los Angeles are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 67.0% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 San Fernando Rd / Osborne St neighborhood, 45.8% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 27.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (17.0%), and 7.0% in executive, management, and professional occupations.
The most common language spoken in the San Fernando Rd / Osborne St neighborhood is Spanish, spoken by 90.9% of households. Some people also speak English (8.9%).
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 San Fernando Rd / Osborne St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (59.1%). There are also a number of people of South American ancestry (2.8%), and residents who report Native American roots (2.1%). In addition, 35.6% of the residents of this neighborhood were born in another country.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in San Fernando Rd / Osborne St neighborhood spend between 45 minutes and one hour commuting one-way to work (41.2% of working residents), longer and tougher than most commutes in America.
Here most residents (79.9%) 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 (14.8%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.