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 Falmouth Ave / W Manchester Ave neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Falmouth Ave / W Manchester Ave neighborhood has more
Austrian and Lebanese ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 2.2% of
this neighborhood's residents have Austrian ancestry and 1.5% have Lebanese ancestry.
Falmouth Ave / W Manchester Ave is also pretty special linguistically. Significantly, 1.3% of its residents five years old and above primarily
speak Portuguese at home. While this may seem like a small percentage, it is higher
than 96.3% of the neighborhoods in America.
Notable & Unique: People
One of the most interesting things about the Falmouth Ave / W Manchester Ave
neighborhood is that it has a greater concentration of residents who live
alone than most all neighborhoods in America. With 51.8% of the
households here made up of people living alone, NeighborhoodScout's research
reveals that this is a larger proportion of people living alone than in
97.6% of the neighborhoods in America.
Notable & Unique: Real Estate
The Falmouth Ave / W Manchester Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 29,917 persons per square mile in the neighborhood, it is more packed with people than 97.1% of the nation's neighborhoods.
In addition, the Falmouth Ave / W Manchester 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 93.5% 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, one of the really unique and interesting things about the look and setting of the Falmouth Ave / W Manchester Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 90.8% 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 98.6% of all neighborhoods in America.
Also of note, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 1.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Falmouth Ave / W Manchester Ave neighborhood, and/or an issue with creating enough supply for the demand. This could have the effect of increasing real estate prices, increasing supply to meet demand, or both.