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Real Estate Prices & Overview

N Ave 52 / Granada St median real estate price is $1,329,819, which is more expensive than 76.8% of the neighborhoods in California and 95.0% of the neighborhoods in the U.S.

The average rental price in N Ave 52 / Granada St is currently $2,428, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 76.6% of California neighborhoods.

N Ave 52 / Granada St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

N Ave 52 / Granada 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 N Ave 52 / Granada St 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.

Home and apartment vacancy rates are 6.7% in N Ave 52 / Granada St. NeighborhoodScout analysis shows that this rate is lower than 55.8% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 N Ave 52 / Granada St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

If you like crowded places, then you will probably enjoy the the N Ave 52 / Granada St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.1% of neighborhoods in the U.S., with 20,892 people per square mile living here. 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 N Ave 52 / Granada St neighborhood is one of the most walkable neighborhoods in America.

In addition, the N Ave 52 / Granada St 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 86.5% 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

More people ride the bus in this neighborhood each day to get to work than 96.4% of U.S. neighborhoods.

People

With a nice mix of college students, safety from crime, and decent walkability, the N Ave 52 / Granada St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 87.9% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.

Diversity

Did you know that the N Ave 52 / Granada St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 61.9% of this neighborhood's residents have Mexican ancestry.

N Ave 52 / Granada St is also pretty special linguistically. Significantly, 73.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 97.9% of all U.S. neighborhoods.

The Neighbors

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 N Ave 52 / Granada St neighborhood in Los Angeles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 41.9% of the neighborhoods in America. With 26.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.5% of U.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 N Ave 52 / Granada St neighborhood, 32.9% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 32.9% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (22.3%), and 11.6% in clerical, assistant, and tech support 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 N Ave 52 / Granada St neighborhood is Spanish, spoken by 73.4% of households. Other important languages spoken here include English and Tagalog (the first language of the Philippine region).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the N Ave 52 / Granada St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (61.9%). There are also a number of people of Asian ancestry (4.7%), and residents who report German roots (3.1%), and some of the residents are also of Italian ancestry (2.9%), along with some Irish ancestry residents (2.6%), among others. In addition, 39.3% 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 N Ave 52 / Granada St neighborhood spend between 45 minutes and one hour commuting one-way to work (38.6% of working residents), longer and tougher than most commutes in America.

Here most residents (43.4%) drive alone in a private automobile to get to work. In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (13.6%) and 12.9% of residents also ride the bus 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.


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