Los Angeles, CA (W 3rd St / S Cochran Ave)




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W 3rd St / S Cochran Ave

NEIGHBORHOOD REPORT
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640 Vital Statistics. 23 Condition Alerts found.

Real Estate alerts

Real Estate


44

Statistics

alerts 7 Alerts

Found
Demographics alerts

Demographics


136

Statistics

alerts 1 Alert

Found
Crimes alerts

Crimes


67

Statistics

alerts 3 Alerts

Found
Schools alerts

Schools


65

Statistics

alerts 2 Alerts

Found

328

Statistics

alerts 10 Alerts

Found


About Los Angeles, CA (W 3rd St / S Cochran Ave)


Real Estate Prices and Overview

W 3rd St / S Cochran Ave real estate is primarily composed of apartments and renters, so no median house value data are available. The average rental price in W 3rd St / S Cochran Ave is currently $2,809, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.0% of the neighborhoods in California.

W 3rd St / S Cochran Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

W 3rd St / S Cochran Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the W 3rd St / S Cochran Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 2000 and the present.

W 3rd St / S Cochran Ave has a 11.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 62.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Notable & Unique: Real Estate

Renter-occupied real estate is dominant in the W 3rd St / S Cochran Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 100.0%, which is higher than 99.4% 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.

In addition, the W 3rd St / S Cochran Ave neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 95.6% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.

Furthermore, one of the really unique and interesting things about the look and setting of the W 3rd St / S Cochran Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 92.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.9% of all neighborhoods in America.

Also of note, the W 3rd St / S Cochran Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 55,453 persons per square mile in the neighborhood, it is more packed with people than 98.8% of the nation's neighborhoods.

Notable & Unique: Diversity

Did you know that the W 3rd St / S Cochran Ave neighborhood has more Lebanese and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.1% of this neighborhood's residents have Lebanese ancestry and 2.2% have Iranian ancestry.

W 3rd St / S Cochran Ave is also pretty special linguistically. Significantly, 15.0% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

Notable & Unique: Occupations

Executives, managers and professionals make up 70.4% of the workforce in the W 3rd St / S Cochran Ave neighborhood which, according to NeighborhoodScout's exclusive analysis, is a higher proportion of such high-level people than is found in 98.1% of the neighborhoods in America. For this reason, this neighborhood really stands out as unique.

Notable & Unique: People

The rate of college educated adults in the W 3rd St / S Cochran Ave neighborhood is a unique characteristic of the neighborhood. 75.8% of adults here have received at least a 4-year bachelor's degree, compared to the average neighborhood in America, which has 22.6% of the adults with a bachelor's degree. The rate here is higher than NeighborhoodScout found in 98.0% of all U.S. neighborhoods.

In addition, if you're looking for an active nightlife with lots of opportunities to flirt and find romance, then you probably won't have to go too far from the W 3rd St / S Cochran Ave neighborhood to find it. Only 2.5% of the neighborhoods in the country have a larger proportion of young, single professionals. The nightlife may not be reminiscent of a "Sex and the City" episode, but the people who live here find friendship, romance, fun, and socializing readily available. In addition to being an excellent choice for young, single professionals, this neighborhood is also a very good choice for college students.

Notable & Unique: 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. In the W 3rd St / S Cochran Ave neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 97.4% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.


The Neighbors

The Neighbors: Income

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 W 3rd St / S Cochran Ave 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 70.9% of the neighborhoods in America. In addition, 4.3% 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 79.5% of America's neighborhoods.

The Neighbors: Occupations

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the W 3rd St / S Cochran Ave neighborhood, 70.4% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 17.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (10.8%), and 3.4% in government jobs, whether they are in local, state, or federal positions.

The Neighbors: Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the W 3rd St / S Cochran Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (30.0%). There are also a number of people of Irish ancestry (8.1%), and residents who report Mexican roots (8.0%), and some of the residents are also of German ancestry (7.4%), along with some Russian ancestry residents (5.3%), among others. In addition, 39.6% of the residents of this neighborhood were born in another country.

The Neighbors: Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the W 3rd St / S Cochran Ave neighborhood is English, spoken by 50.2% of households. Other important languages spoken here include Korean, Spanish, Arabic and French.

Getting to Work

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 W 3rd St / S Cochran Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (36.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (77.8%) 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 (6.6%) and 5.3% 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.

Neighborhood Real Estate Data

44 Vital Statistics. 7 Condition Alerts found.

Average Home Values

 

Median Home Value:
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Median Real Estate Taxes:
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Neighborhood Home Prices

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Average Market Rent

 

Average Market Rent:
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MEDIAN MONTHLY RENT BY NUMBER OF BEDROOMS

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Setting

 
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Neighborhood Look and Feel

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Housing Market Details

 

AGE OF Los Angeles, CA (W 3rd St / S Cochran Ave) HOMES

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TYPE OF Los Angeles, CA (W 3rd St / S Cochran Ave) HOMES

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SIZE OF Los Angeles, CA (W 3rd St / S Cochran Ave) HOMES

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SIZE OF Los Angeles, CA (W 3rd St / S Cochran Ave) HOMES

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homeownership

 
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Neighborhood Demographics Data

136 Vital Statistics. 1 Condition Alert found.

Lifestyle

 
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Special character

 
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Age / Marital Status

 

Age

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Gender Ratio

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Military & College Status

 
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Household Types

 

One person households

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Same Sex Partners

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Married Couple with Child

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Single Parent with Child

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Employment Industries in W 3rd St / S Cochran Ave

 
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Commute to work

 

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Means Of Transport

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Vehicles Per Household

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Migration & Mobility

 
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Race & Ethnic Diversity

 
Diversity Index

(100 is the most diverse)


More diverse than of U.S. neighborhoods.

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Occupations

 
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Ancestries & Languages Spoken

 

Ancestry (top 20)

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Unemployment Rate

 
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Average Income

 

Per Capita Income

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Median Household Income

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Education

 

Percent with College Degree

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Percent with Advanced Degree

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income & education

 
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Neighborhood Crime Data

67 Vital Statistics. 3 Condition Alerts found.

Neighborhood Crime Data

 
total Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Neighborhood Annual Crimes
  Violent Property Total
Number of Crimes
Crime Rate
(per 1,000 residents)

Neighborhood Violent Crime

violent Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Violent Crime Index By Type
Murder
Index
Rape
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Robbery
Index
Assault
Index

100 is safest

100 is safest

100 is safest

100 is safest

violent Crime Comparison (per 1,000 residents)

Crime
W 3rd St / S Cochran Ave 0.101011101001110
Los Angeles 0.101011101001110
California 4.26
My Chances of Becoming a Victim of a Violent Crime

1 in

in W 3rd St / S Cochran Ave

1 in

in Los Angeles

1 in 235

in California
Los Angeles VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000
United States VIOLENT CRIMES
Population:
Murder Rape Robbery Assault
Report Total
Rate per 1,000

Neighborhood Property Crime

property Crime Index

(100 is safest)


Safer than of U.S. neighborhoods.

Property Crime Index By Type
Burglary
Index
Theft
Index
Motor Vehicle
Theft

100 is safest

100 is safest

100 is safest

property Crime Comparison (per 1,000 residents)

Crime
W 3rd St / S Cochran Ave 0.101011101001110
Los Angeles 0.101011101001110
California 26.18
My Chances of Becoming a Victim of a Property Crime

1 in

in W 3rd St / S Cochran Ave

1 in

in Los Angeles

1 in 38

in California
Los Angeles Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000
United States Property CRIMES
Population:
burglary theft motor vehicle theft
Report Total
Rate per 1,000

Crimes Per Square Mile

Crime
W 3rd St / S Cochran Ave 0.101011101001110
Los Angeles 0.101011101001110
California 90

Neighborhood Public School Data

65 Vital Statistics. 2 Condition Alerts found.

School Rating Information

 
School Quality

(100 is best)

Better than of U.S. schools.

Neighborhood School Quality Rating

Rates the quality of all K-12 public schools that serve this neighborhood. Info

Schools That Serve This Neighborhood *

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Neighborhood Educational Environment

Adults In Neighborhood With College Degree Or Higher
Children In The Neighborhood Living In Poverty

This neighborhood is served by 1 district:

LOS ANGELES UNIFIED


Students Enrolled in This District


Schools in District


Students Per Classroom

District Quality Compared to California

(10 is best)

Better than of CA school districts.

District Quality Compared to U.S. info

(10 is best)

Better than of US school districts.

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Public School Test Scores (No Child Left Behind)

Discipline District State
Proficiency in Reading and Math 0.101011101001110 0.101011101001110
Proficiency in Reading 0.101011101001110 0.101011101001110
Proficiency in Math 0.101011101001110 0.101011101001110

School District Enrollment By Group

Ethnic/racial Groups This District This State
White (non-hispanic)
Black
Hispanic
Asian Or Pacific Islander
American Indian Or Native Of Alaska
Economic Groups This District This State
ECONOMICALLY DISADVANTAGED
FREE LUNCH ELIGIBLE
REDUCED LUNCH ELIGIBLE

Educational Expenditures

For This District Per Student Total % Of Total
Instructional Expenditures
Support Expenditures
Student
Staff
General Administration
School Administration
Operation
Transportation
Other
Total Support
Non-instructional Expenditures
Total Expenditures

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