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Real Estate Prices & Overview

S Eastern Ave / E 3rd St median real estate price is $762,244, which is less expensive than 59.2% of California neighborhoods and 16.8% of all U.S. neighborhoods.

The average rental price in S Eastern Ave / E 3rd St is currently $2,204, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 81.5% of California neighborhoods.

S Eastern Ave / E 3rd St is an urban neighborhood (based on population density) located in Los Angeles, California.

S Eastern Ave / E 3rd St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the S Eastern Ave / E 3rd St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Real estate vacancies in S Eastern Ave / E 3rd St are 4.7%, which is lower than one will find in 68.4% of American neighborhoods. Demand for real estate in S Eastern Ave / E 3rd St 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

NeighborhoodScout's exclusive research revealed that 95.6% of the adult residents in the S Eastern Ave / E 3rd St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 97.6% of the neighborhoods in America.

Modes of Transportation

Our research shows that more people carpool to work here in the S Eastern Ave / E 3rd St (24.9%) than in 97.0% of the neighborhoods in America.

Occupations

NeighborhoodScout's exclusive research identifies the S Eastern Ave / E 3rd St neighborhood as having one of the highest concentrations of people employed in manufacturing or as laborers of any neighborhood in America. In fact, despite the loss of manufacturing jobs nationally, this neighborhood has 42.2% of its working residents employed in such fields, which is a higher proportion than 95.4% of American neighborhoods.

Diversity

Did you know that the S Eastern Ave / E 3rd St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 80.0% of this neighborhood's residents have Mexican ancestry.

S Eastern Ave / E 3rd St is also pretty special linguistically. Significantly, 86.3% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.2% 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 S Eastern Ave / E 3rd 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 44.4% of the neighborhoods in America. With 33.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 84.3% of U.S. neighborhoods.

A neighborhood is far different if it is dominated by enlisted military personnel rather than people who earn their living by farming. It is also different if most of the neighbors are clerical support or managers. What is wonderful is the sheer diversity of neighborhoods, allowing you to find the type that fits your lifestyle and aspirations.

In the S Eastern Ave / E 3rd St neighborhood, 42.2% of the working population is employed in manufacturing and laborer 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 26.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (17.4%), and 13.7% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the S Eastern Ave / E 3rd St neighborhood is Spanish, spoken by 86.3% of households. Some people also speak English (13.7%).

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 S Eastern Ave / E 3rd St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (80.0%). There are also a number of people of Spanish ancestry (2.2%), and residents who report Russian roots (1.5%). In addition, 35.8% 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 S Eastern Ave / E 3rd St neighborhood spend between 15 and 30 minutes commuting one-way to work (34.6% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.4%) 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 (24.9%) . 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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Economics & Demographics include:
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Crime includes:
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Schools include:
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