S Pacific Ave / W 40th St median real estate price is $787,640, which is more expensive than 78.2% of the neighborhoods in California and 96.2% of the neighborhoods in the U.S.
The average rental price in S Pacific Ave / W 40th St is currently $2,083, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 72.0% of the neighborhoods in California.
S Pacific Ave / W 40th St is an urban neighborhood (based on population density) located in Los Angeles, California. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
S Pacific Ave / W 40th St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the S Pacific Ave / W 40th St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
S Pacific Ave / W 40th St has a 11.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.5% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.