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Real Estate Prices & Overview

S Grand Ave / W 67th St median real estate price is $728,549, which is more expensive than 35.5% of the neighborhoods in California and 80.7% of the neighborhoods in the U.S.

The average rental price in S Grand Ave / W 67th St is currently $2,486, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 78.0% of California neighborhoods.

S Grand Ave / W 67th St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

S Grand Ave / W 67th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the S Grand Ave / W 67th St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.

In S Grand Ave / W 67th St, the current vacancy rate is 2.2%, which is a lower rate of vacancies than 84.4% of all neighborhoods in the U.S. This means that the housing supply in S Grand Ave / W 67th St is very tight compared to the demand for property here.

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 Grand Ave / W 67th St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The S Grand Ave / W 67th St neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, many people dream of living along a street lined with row houses or other attached homes. Such places do often have an abundance of charm. If you are one of these people, the S Grand Ave / W 67th St neighborhood could be your paradise. With 25.9% of the homes and real estate here classified as rowhouses or other attached homes, this neighborhood brims with opportunity to find the right place for you. Only 4.3% of U.S. neighborhoods have more row houses than this neighborhood, making it one of the most interesting things about this special neighborhood.

Furthermore, renter-occupied real estate is dominant in the S Grand Ave / W 67th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 84.1%, which is higher than 95.1% 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.

Also of note, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 72.5% of the residential real estate in the S Grand Ave / W 67th St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 99.0% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.

Occupations

More people work in manufacturing and as laborers here in the S Grand Ave / W 67th St neighborhood than in 97.5% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

People

The S Grand Ave / W 67th St neighborhood is unique for having just 6.0% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.6% of America's neighborhoods.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 96.6% of U.S. neighborhoods.

Length of Commute

Whether walking, biking, riding, or driving, the length of one's commute is an important factor for one's quality of life. The S Grand Ave / W 67th St neighborhood stands out for its commute length, according to NeighborhoodScout's analysis. Long commutes can be brutal. They take time, money, and energy, leaving less of you for yourself and your family. The residents of the S Grand Ave / W 67th St neighborhood unfortunately have the distinction of having, on average, a longer commute than most any neighborhood in America. 9.6% of commuters here travel more than one hour just one-way to work. That is more than two hours per day. This percentage with two-hour + round-trip commutes is higher than NeighborhoodScout found in 95.1% of all neighborhoods in America.

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 S Grand Ave / W 67th St neighborhood. What is interesting to note, is that the S Grand Ave / W 67th St neighborhood has a greater percentage of residents born in another country (50.4%) than are found in 97.6% of all U.S. neighborhoods.

Diversity

Did you know that the S Grand Ave / W 67th St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 53.0% of this neighborhood's residents have Mexican ancestry.

S Grand Ave / W 67th St is also pretty special linguistically. Significantly, 88.2% 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

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 Grand Ave / W 67th 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 79.7% of U.S. neighborhoods. With 39.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.4% 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 S Grand Ave / W 67th St neighborhood, 45.5% 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 30.7% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.5%), and 10.3% in executive, management, and professional occupations.

Languages

The most common language spoken in the S Grand Ave / W 67th St neighborhood is Spanish, spoken by 88.2% of households. Some people also speak English (11.3%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the S Grand Ave / W 67th St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (53.0%). There are also a number of people of Sub-Saharan African ancestry (2.4%), and residents who report African roots (2.4%). In addition, 50.4% 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 S Grand Ave / W 67th St neighborhood spend between 15 and 30 minutes commuting one-way to work (32.5% of working residents), which is shorter than the time spent commuting to work for most Americans. However, there is also a significant group of residents (9.6%) who commute over an hour in each direction.

Here most residents (67.2%) 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 (13.6%) and 12.7% 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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