W 4th St / S Mariposa Ave median real estate price is $2,007,948, which is more expensive than 90.9% of the neighborhoods in California and 98.3% of the neighborhoods in the U.S.
The average rental price in W 4th St / S Mariposa Ave is currently $2,730, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 70.2% of California neighborhoods.
W 4th St / S Mariposa Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.
W 4th St / S Mariposa 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. Most of the residential real estate is renter occupied. Many of the residences in the W 4th St / S Mariposa Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
W 4th St / S Mariposa Ave has a 10.7% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 66.0% 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.
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 W 4th St / S Mariposa Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
The real estate in the W 4th St / S Mariposa Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 100.0% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.9% of American neighborhoods.
In addition, what you'll find when you visit or move to this neighborhood is one of the most crowded neighborhoods in all of America. With an incredible 79,277 people per square mile, it is more densely populated than 99.4% of America's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the W 4th St / S Mariposa Ave neighborhood is one of the most walkable neighborhoods in America.
Furthermore, renter-occupied real estate is dominant in the W 4th St / S Mariposa Ave neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.3%, which is higher than 99.1% 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, the W 4th St / S Mariposa 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 95.4% 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.
Our research revealed that more commuters here take the bus to work (23.0% ride the bus) than 99.2% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.
The types of households in a neighborhood can tell a lot about the character and lifestyle of those living here. NeighborhoodScout's exclusive analysis reveals that this neighborhood, above nearly every neighborhood in America, has a greater percentage of its residents living alone: 51.3%. This is a higher percent living alone than we found in 96.1% of all U.S. neighborhoods. Often residents who live alone are new arrivals to an area who are single, and often senior citizens who have lost a spouse.
There are more people living in the W 4th St / S Mariposa Ave neighborhood employed as sales and service workers (61.5%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
American households most often have a car, and regularly they have two or three. But households in the W 4th St / S Mariposa Ave neighborhood buck this trend. 20.9% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.4% of U.S. neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the W 4th St / S Mariposa Ave neighborhood has a greater percentage of residents born in another country (53.3%) than are found in 98.2% of all U.S. neighborhoods.
Did you know that the W 4th St / S Mariposa Ave neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 27.4% of this neighborhood's residents have Asian ancestry.
W 4th St / S Mariposa Ave is also pretty special linguistically. Significantly, 12.0% 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.
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 4th St / S Mariposa Ave 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 80.6% of U.S. neighborhoods. With 11.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 52.4% of U.S. neighborhoods.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the W 4th St / S Mariposa Ave neighborhood, 38.5% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 35.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.1%), and 7.7% in clerical, assistant, and tech support occupations.
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 4th St / S Mariposa Ave neighborhood is Spanish, spoken by 44.0% of households. Other important languages spoken here include English and Korean.
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 4th St / S Mariposa Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (27.4%). There are also a number of people of Mexican ancestry (20.2%), and residents who report Italian roots (2.4%), and some of the residents are also of German ancestry (2.2%), along with some Sub-Saharan African ancestry residents (1.8%), among others. In addition, 53.3% of the residents of this neighborhood were born in another country.
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 W 4th St / S Mariposa Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (40.4% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (44.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (23.0%) and 8.5% of residents also carpool with coworkers, friends, or neighbors 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.
