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Real Estate Prices & Overview

Central Alameda East median real estate price is $696,099, which is less expensive than 67.4% of California neighborhoods and 21.3% of all U.S. neighborhoods.

The average rental price in Central Alameda East is currently $2,821, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.2% of California neighborhoods.

Central Alameda East is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Central Alameda East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) small apartment buildings and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Central Alameda East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in Central Alameda East are 5.4%, which is lower than one will find in 62.6% of American neighborhoods. Demand for real estate in Central Alameda East 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

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.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Central Alameda East neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.2% of all American neighborhoods.

Modes of Transportation

In the Central Alameda East neighborhood, carpooling is still a popular way to get to and from work. NeighborhoodScout's analysis reveals that 30.0% of commuters carpool here, which is more than in 98.7% of all U.S. neighborhoods.

Real Estate

If you love row houses and attached homes, you will probably really like the Central Alameda East neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 31.4% of the residential real estate here is classified as row houses and attached homes.

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 Central Alameda East neighborhood has a greater percentage of residents born in another country (49.7%) than are found in 97.5% of all U.S. neighborhoods.

Diversity

Did you know that the Central Alameda East neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 61.9% of this neighborhood's residents have Mexican ancestry.

Central Alameda East is also pretty special linguistically. Significantly, 87.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.4% 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 Central Alameda East 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 75.2% of U.S. neighborhoods. With 35.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 86.2% of U.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 Central Alameda East neighborhood, 47.5% 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 manufacturing and laborer occupations, with 37.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (9.0%), and 3.7% in executive, management, and professional occupations.

Languages

The most common language spoken in the Central Alameda East neighborhood is Spanish, spoken by 87.8% of households. Some people also speak English (8.0%).

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 Central Alameda East neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (61.9%). There are also a number of people of Asian ancestry (2.0%), and residents who report Sub-Saharan African roots (1.9%). In addition, 49.7% of the residents of this neighborhood were born in another country.

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 Central Alameda East neighborhood spend between 30 and 45 minutes commuting one-way to work (33.3% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (58.3%) 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 (30.0%) and 7.5% 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.

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