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 Lakeside Park 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 Lakeside Park neighborhood has more
Iranian and Armenian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 1.8% of
this neighborhood's residents have Iranian ancestry and 1.3% have Armenian ancestry.
Lakeside Park is also pretty special linguistically. Significantly, 1.8% of its residents five years old and above primarily
speak Persian at home. While this may seem like a small percentage, it is higher
than 98.2% of the neighborhoods in America.
Notable & Unique: Modes of Transportation
While most Americans do drive to work alone each day, the
Lakeside Park neighborhood stands out by having 94.0% of commuters
doing so, which is a higher proportion of people driving alone to work
than NeighborhoodScout found in 96.3% of all American
Notable & Unique: Occupations
The Lakeside Park neighborhood has a higher proportion of
its residents employed as executives, managers and professionals than
95.3% of the neighborhoods in American. In fact, 63.5%
of the employed people here make a living as an executive, a manager, or
other professional. With such a high concentration, this truly shapes
the character of this neighborhood, and to a large degree defines what
this neighborhood is about.
Notable & Unique: People
If you're nearing retirement age, or in retirement, the
Lakeside Park neighborhood is an excellent choice for you to consider
for top-quality retirement living. This neighborhood is rated by
NeighborhoodScout as among the top 8.6% of retiree-friendly
neighborhoods in California, combining peace and quiet, safety from
crime, and offering diverse housing options from which retirees can
choose. Maybe it's because of these amenities that a large proportion
of the residents here are college educated seniors, mixed with other
age groups. For these and other reasons, NeighborhoodScout identifies
this neighborhood as a top-notch place to consider if you are thinking
of or planning to retire in California.
In addition to being an excellent choice for active retirees, this
neighborhood is also a very good choice for highly educated executives and urban sophisticates.
Notable & Unique: Real Estate
In addition, this neighborhood has the distinction of having one of the lowest real estate vacancy rates of any neighborhood in America. With just 0.0% of the real estate vacant, this indicates an exceptionally strong demand for real estate in the Lakeside Park 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.
Furthermore, one way that the Lakeside Park neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 96.6% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.