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 Victory Blvd / Variel 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 Victory Blvd / Variel Ave neighborhood has more
Iranian and Russian ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 9.1% of
this neighborhood's residents have Iranian ancestry and 5.6% have Russian ancestry.
Victory Blvd / Variel Ave is also pretty special linguistically. Significantly, 9.1% 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.
Notable & Unique: People
Of note is NeighborhoodScout's research finding that the
Victory Blvd / Variel 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
Victory Blvd / Variel Ave community truly stands out from the rest in this regard.
Notable & Unique: Migration / Stability
Do you like to be surrounded by people from all over the country or world,
with different perspectives and life experiences? Or do you instead prefer
to be in a neighborhood where most residents have lived there for a long
time, creating a sense of cohesiveness? NeighborhoodScout's analysis
reveals that this neighborhood stands out among American neighborhoods
for the uniqueness of the mobility of its residents.
In the Victory Blvd / Variel Ave neighborhood, a greater proportion of
the residents living here today did not live here five years ago than is
found in 97.3% of U.S. Neighborhoods. This neighborhood,
more than almost any other in America, has new residents from other areas.
Notable & Unique: Real Estate
In addition, homes built from 2000 through today make up a higher proportion of the Victory Blvd / Variel Ave neighborhood's real estate landscape than 98.9% of the neighborhoods in America. When you are driving around this neighborhood, you'll notice right away that it is one of the newest built of any, with the smell of fresh paint, and the look of young landscaping nearly everywhere you look. In fact, 78.2% of the residential real estate here is classified as newer.
Furthermore, the real estate in the Victory Blvd / Variel 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, 91.1% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 98.7% of American neighborhoods.
Also of note, the Victory Blvd / Variel 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 88.8% 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.
Finally, 85.7% of the real estate in the Victory Blvd / Variel Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.