W 6th St / S Alexandria Ave median real estate price is $1,658,126, which is more expensive than 85.9% of the neighborhoods in California and 97.2% of the neighborhoods in the U.S.
The average rental price in W 6th St / S Alexandria Ave is currently $2,428, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.6% of California neighborhoods.
W 6th St / S Alexandria Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.
W 6th St / S Alexandria 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 6th St / S Alexandria Ave 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 1940 and 1969.
W 6th St / S Alexandria Ave has a 15.1% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 78.2% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a 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.
When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.
People
In a nation where 1 out of every 4 children lives in poverty, the W 6th St / S Alexandria Ave neighborhood stands out as being ranked among the lowest 0.0% of neighborhoods affected by this global issue.
Real Estate
97.5% of the real estate in the W 6th St / S Alexandria Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, the W 6th St / S Alexandria 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 92.5% 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.
Furthermore, the W 6th St / S Alexandria Ave neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 48,173 persons per square mile in the neighborhood, it is more packed with people than 98.4% of the nation's neighborhoods. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the W 6th St / S Alexandria Ave neighborhood is one of the most walkable neighborhoods in America.
Also of note, one of the really unique and interesting things about the look and setting of the W 6th St / S Alexandria Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 86.4% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 97.6% of all neighborhoods in America.
Modes of Transportation
More people ride the bus in this neighborhood each day to get to work than 98.0% of U.S. neighborhoods.
Occupations
There are more people living in the W 6th St / S Alexandria Ave neighborhood employed as sales and service workers (60.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Car Ownership
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the W 6th St / S Alexandria Ave neighborhood have a highly unusual car ownership. 21.7% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.7% of U.S. neighborhoods.
Migration / Stability
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the W 6th St / S Alexandria Ave neighborhood has a greater percentage of residents born in another country (53.5%) than are found in 98.3% of all U.S. neighborhoods.
Diversity
Did you know that the W 6th St / S Alexandria Ave neighborhood has more Asian and Native American ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 40.9% of this neighborhood's residents have Asian ancestry and 2.6% have Native American ancestry.
W 6th St / S Alexandria Ave is also pretty special linguistically. Significantly, 15.8% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
There are two complementary measures for understanding the income of a neighborhood's residents: the average and the extremes. While a neighborhood may be relatively wealthy overall, it is equally important to understand the rate of people - particularly children - who are living at or below the federal poverty line, which is extremely low income. Some neighborhoods with a lower average income may actually have a lower childhood poverty rate than another with a higher average income, and this helps us understand the conditions and character of a neighborhood.
The neighbors in the W 6th St / S Alexandria Ave neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 94.1% of U.S. neighborhoods. 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.
What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.
In the W 6th St / S Alexandria Ave neighborhood, 39.2% of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is executive, management, and professional occupations, with 28.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (21.0%), and 11.2% in manufacturing and laborer occupations.
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 6th St / S Alexandria Ave neighborhood is English, spoken by 25.4% of households. Other important languages spoken here include Spanish, Korean, Tagalog (the first language of the Philippine region) and African languages.
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 6th St / S Alexandria Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (40.9%). There are also a number of people of Mexican ancestry (15.9%), and residents who report Sub-Saharan African roots (6.3%), and some of the residents are also of Native American ancestry (2.6%), along with some German ancestry residents (2.2%), among others. In addition, 53.5% of the residents of this neighborhood were born in another country.
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 6th St / S Alexandria Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (33.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (40.4%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.4%) and 14.1% of residents also carpool with coworkers, friends, or neighbors 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.
