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Real Estate Prices & Overview

E Martin Luther King Jr Blvd / Avalon Blvd median real estate price is $508,688, which is less expensive than 78.5% of California neighborhoods and 33.3% of all U.S. neighborhoods.

The average rental price in E Martin Luther King Jr Blvd / Avalon Blvd is currently $2,036, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 85.8% of California neighborhoods.

E Martin Luther King Jr Blvd / Avalon Blvd is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E Martin Luther King Jr Blvd / Avalon Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

In E Martin Luther King Jr Blvd / Avalon Blvd, the current vacancy rate is 2.5%, which is a lower rate of vacancies than 83.3% of all neighborhoods in the U.S. This means that the housing supply in E Martin Luther King Jr Blvd / Avalon Blvd is very tight compared to the demand for property here.

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.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (14.8% ride the bus) than 97.2% 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.

Real Estate

If you like crowded places, then you will probably enjoy the the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,291 people per square mile living here. 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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood is one of the most walkable neighborhoods in America.

Diversity

Did you know that the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 69.5% of this neighborhood's residents have Mexican ancestry.

E Martin Luther King Jr Blvd / Avalon Blvd is also pretty special linguistically. Significantly, 87.9% 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.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood. More residents of the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood live here today that also were living in this same neighborhood five years ago than is found in 96.4% of U.S. neighborhoods. This neighborhood is really made up of people who know each other, don't move often, and have lived here in this very neighborhood for quite a while.

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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 90.6% of U.S. neighborhoods. With 34.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.5% 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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood, 39.1% of the working population is employed in manufacturing and laborer occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 28.2% of the residents employed. Other residents here are employed in executive, management, and professional occupations (18.5%), and 13.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the E Martin Luther King Jr Blvd / Avalon Blvd neighborhood is Spanish, spoken by 87.9% of households. Some people also speak English (12.0%).

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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (69.5%). In addition, 39.5% 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 E Martin Luther King Jr Blvd / Avalon Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (45.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (53.8%) 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 (21.4%) and 14.8% 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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