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Real Estate Prices & Overview

N Figueroa St / N Ave 52 median real estate price is $1,212,581, which is more expensive than 72.2% of the neighborhoods in California and 93.9% of the neighborhoods in the U.S.

The average rental price in N Figueroa St / N Ave 52 is currently $2,746, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 66.8% of California neighborhoods.

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

N Figueroa St / N Ave 52 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 Figueroa St / N Ave 52 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 1970 and 1999.

Real estate vacancies in N Figueroa St / N Ave 52 are 3.6%, which is lower than one will find in 76.1% of American neighborhoods. Demand for real estate in N Figueroa St / N Ave 52 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

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 Figueroa St / N Ave 52 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 Figueroa St / N Ave 52 neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.9% of neighborhoods in the U.S., with 24,253 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 Figueroa St / N Ave 52 neighborhood is one of the most walkable neighborhoods in America.

Diversity

Did you know that the N Figueroa St / N Ave 52 neighborhood has more Lithuanian and Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 1.1% of this neighborhood's residents have Lithuanian ancestry and 54.1% have Mexican ancestry.

N Figueroa St / N Ave 52 is also pretty special linguistically. Significantly, 64.0% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 96.5% 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 N Figueroa St / N Ave 52 neighborhood in Los Angeles are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 62.9% of the neighborhoods in America. With 32.6% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.6% 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 N Figueroa St / N Ave 52 neighborhood, 42.8% of the working population is employed in executive, management, and professional 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 24.3% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (18.4%), and 14.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the N Figueroa St / N Ave 52 neighborhood is Spanish, spoken by 64.0% of households. Some people also speak English (32.2%).

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 N Figueroa St / N Ave 52 neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (54.1%). There are also a number of people of Irish ancestry (3.3%), and residents who report English roots (3.0%), and some of the residents are also of Asian ancestry (2.8%), along with some German ancestry residents (1.9%), among others. In addition, 38.9% 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 Figueroa St / N Ave 52 neighborhood spend between 15 and 30 minutes commuting one-way to work (34.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.9%) 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 (14.2%) and 7.3% of residents also hop out the door and walk to work 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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