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Real Estate Prices & Overview

W San Vicente Blvd / Gorham Ave median real estate price is $980,347, which is more expensive than 64.9% of the neighborhoods in California and 91.7% of the neighborhoods in the U.S.

The average rental price in W San Vicente Blvd / Gorham Ave is currently $4,142, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 79.1% of the neighborhoods in California.

W San Vicente Blvd / Gorham Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

W San Vicente Blvd / Gorham Ave 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the W San Vicente Blvd / Gorham Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Real estate vacancies in W San Vicente Blvd / Gorham Ave are 5.7%, which is lower than one will find in 61.7% of American neighborhoods. Demand for real estate in W San Vicente Blvd / Gorham Ave is above average for the U.S., and may signal some demand for either price increases or new construction of residential product for this neighborhood.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

People

Of note is NeighborhoodScout's research finding that the W San Vicente Blvd / Gorham Ave neighborhood has some of the lowest rates of children living in poverty of any neighborhood in the United States. In a nation where approximately 1 in 4 children are living in poverty, the W San Vicente Blvd / Gorham Ave community truly stands out from the rest in this regard.

In addition, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 79.4% of the adults living in the W San Vicente Blvd / Gorham Ave neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 97.6% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

Real Estate

The real estate in the W San Vicente Blvd / Gorham Ave neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 96.8% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.4% of American neighborhoods.

In addition, if you like crowded places, then you will probably enjoy the the W San Vicente Blvd / Gorham Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.8% of neighborhoods in the U.S., with 29,268 people per square mile living here.

Furthermore, the W San Vicente Blvd / Gorham 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 84.5% 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.

Modes of Transportation

A unique way of commuting is simply not to. And in the W San Vicente Blvd / Gorham Ave neighborhood, analysis shows that 32.2% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 97.9% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.

Diversity

Did you know that the W San Vicente Blvd / Gorham Ave neighborhood has more Hungarian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 6.2% of this neighborhood's residents have Hungarian ancestry and 5.5% have Iranian ancestry.

W San Vicente Blvd / Gorham Ave is also pretty special linguistically. Significantly, 7.5% 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 99.9% of the neighborhoods in America.

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 W San Vicente Blvd / Gorham Ave neighborhood in Los Angeles are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 94.6% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America'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 W San Vicente Blvd / Gorham Ave neighborhood, 68.6% of the working population is employed in executive, management, and professional 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 19.9% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.9%).

Languages

The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the W San Vicente Blvd / Gorham Ave neighborhood is English, spoken by 74.4% of households. Other important languages spoken here include Persian and Spanish.

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 W San Vicente Blvd / Gorham Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Italian (9.1%). There are also a number of people of German ancestry (7.0%), and residents who report Asian roots (6.9%), and some of the residents are also of English ancestry (6.8%), along with some Hungarian ancestry residents (6.2%), among others. In addition, 20.6% 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 W San Vicente Blvd / Gorham Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (40.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (54.6%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (6.2%) . 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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