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Real Estate Prices & Overview

W 6th St / S Harvard Blvd median real estate price is $1,015,805, which is more expensive than 52.0% of the neighborhoods in California and 82.9% of the neighborhoods in the U.S.

The average rental price in W 6th St / S Harvard Blvd is currently $2,369, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.9% of California neighborhoods.

W 6th St / S Harvard Blvd is a densely urban neighborhood (based on population density) located in Los Angeles, California.

W 6th St / S Harvard Blvd 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the W 6th St / S Harvard Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

W 6th St / S Harvard Blvd has a 11.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 68.9% 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.

Real Estate

One of the really unique and interesting things about the look and setting of the W 6th St / S Harvard Blvd neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 97.5% 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 99.5% of all neighborhoods in America.

In addition, the W 6th St / S Harvard Blvd 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 94.7% 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, the W 6th St / S Harvard Blvd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 38,943 persons per square mile in the neighborhood, it is more packed with people than 97.8% of the nation's neighborhoods.

Also of note, renter-occupied real estate is dominant in the W 6th St / S Harvard Blvd neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 93.9%, which is higher than 97.8% 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.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 97.2% of U.S. neighborhoods.

Diversity

Did you know that the W 6th St / S Harvard Blvd neighborhood has more Armenian and Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.6% of this neighborhood's residents have Armenian ancestry and 42.8% have Asian ancestry.

W 6th St / S Harvard Blvd is also pretty special linguistically. Significantly, 22.4% 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 99.9% of the neighborhoods in America.

Migration / Stability

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 6th St / S Harvard Blvd neighborhood has a greater percentage of residents born in another country (52.7%) than are found in 98.2% 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 W 6th St / S Harvard Blvd 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 24.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 75.2% of U.S. neighborhoods.

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 6th St / S Harvard Blvd neighborhood, 37.8% 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 32.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.4%), and 12.9% in manufacturing and laborer 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 6th St / S Harvard Blvd neighborhood is English, spoken by 33.4% of households. Other important languages spoken here include Spanish, Korean, Tagalog (the first language of the Philippine region) and Persian.

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 W 6th St / S Harvard Blvd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (42.8%). There are also a number of people of Mexican ancestry (21.0%), and residents who report Irish roots (2.6%), and some of the residents are also of Armenian ancestry (1.6%), along with some Russian ancestry residents (1.5%), among others. In addition, 52.7% 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 W 6th St / S Harvard Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (30.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (45.8%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (14.7%) and 10.3% of residents also hop out the door and walk to work 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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