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Real Estate Prices & Overview

Central Alameda East median real estate price is $671,507, which is less expensive than 67.7% of California neighborhoods and 20.9% of all U.S. neighborhoods.

The average rental price in Central Alameda East is currently $2,348, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 79.0% of California neighborhoods.

Central Alameda East is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Central Alameda East real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Central Alameda East 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.

Real estate vacancies in Central Alameda East are 5.3%, which is lower than one will find in 64.7% of American neighborhoods. Demand for real estate in Central Alameda East 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.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Central Alameda East neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 97.9% of all American neighborhoods.

Furthermore, more people work in manufacturing and as laborers here in the Central Alameda East neighborhood than in 95.3% of the neighborhoods in America. Despite the loss of manufacturing jobs across the nation, this neighborhood remains a place where, compared to other parts of the country, you will find many laborers and manufacturers.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 97.5% of U.S. neighborhoods.

Real Estate

If you love row houses and attached homes, you will probably really like the Central Alameda East neighborhood. The ambiance, the charm, of row houses is something special. And in sheer abundance of row houses, this neighborhood truly stands out. The real estate here has a higher proportion of row houses and attached homes than nearly any neighborhood in America. In fact, 28.4% of the residential real estate here is classified as row houses and attached homes.

In addition, 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 Central Alameda East neighborhood is one of the most walkable neighborhoods in America.

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 Central Alameda East neighborhood has a greater percentage of residents born in another country (49.2%) than are found in 97.4% of all U.S. neighborhoods.

Diversity

Did you know that the Central Alameda East neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 57.8% of this neighborhood's residents have Mexican ancestry.

Central Alameda East is also pretty special linguistically. Significantly, 88.8% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.5% 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 Central Alameda East neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 74.8% of U.S. neighborhoods. With 38.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.3% 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 Central Alameda East neighborhood, 42.9% 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 manufacturing and laborer occupations, with 42.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (10.0%), and 4.0% in executive, management, and professional 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 Central Alameda East neighborhood is Spanish, spoken by 88.8% of households. Other important languages spoken here include English and Chinese.

Ethnicity / Ancestry

Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.

In the Central Alameda East neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (57.8%). There are also a number of people of Sub-Saharan African ancestry (2.6%), and residents who report Asian roots (2.4%). In addition, 49.2% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Central Alameda East neighborhood spend between 15 and 30 minutes commuting one-way to work (36.8% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (63.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (15.7%) and 15.5% 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.


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