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Real Estate Prices & Overview

S Park View St / Miramar St median real estate price is $720,224, which is more expensive than 46.1% of the neighborhoods in California and 85.5% of the neighborhoods in the U.S.

The average rental price in S Park View St / Miramar St is currently $2,064, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 87.7% of California neighborhoods.

S Park View St / Miramar St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

S Park View St / Miramar St 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the S Park View St / Miramar St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in S Park View St / Miramar St are 5.7%, which is lower than one will find in 63.7% of American neighborhoods. Demand for real estate in S Park View St / Miramar St is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

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 Park View St / Miramar St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

100.0% of the real estate in the S Park View St / Miramar St neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the S Park View St / Miramar St 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 91.6% 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, the S Park View St / Miramar St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 35,123 persons per square mile in the neighborhood, it is more packed with people than 97.5% of the nation's neighborhoods.

Also of note, the real estate in the S Park View St / Miramar St 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, 80.4% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 96.8% of American neighborhoods.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (23.1% ride the bus) than 98.9% 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.

Diversity

Significantly, 8.7% of its residents five years old and above primarily speak Tagalog, which is the first language of the Philippine region, at home. While this may seem like a small percentage, it is higher than 99.2% 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 S Park View St / Miramar St neighborhood has a greater percentage of residents born in another country (50.5%) than are found in 97.7% of all U.S. neighborhoods.

The Neighbors

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 S Park View St / Miramar 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 83.0% of U.S. neighborhoods. With 30.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 81.0% 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 S Park View St / Miramar St neighborhood, 30.6% 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 manufacturing and laborer occupations, with 25.1% of the residents employed. Other residents here are employed in executive, management, and professional occupations (23.3%), and 20.9% 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 S Park View St / Miramar St neighborhood is Spanish, spoken by 64.8% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region) and Korean.

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the S Park View St / Miramar St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (41.2%). There are also a number of people of Asian ancestry (14.8%), and residents who report Irish roots (3.3%), and some of the residents are also of German ancestry (3.2%), along with some English ancestry residents (1.1%), among others. In addition, 50.5% 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 Park View St / Miramar St neighborhood spend between 30 and 45 minutes commuting one-way to work (27.7% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (44.9%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (23.1%) and 16.0% 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.


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