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Real Estate Prices & Overview

Central Alameda South median real estate price is $760,528, which is more expensive than 40.9% of the neighborhoods in California and 82.5% of the neighborhoods in the U.S.

The average rental price in Central Alameda South is currently $2,716, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.8% of California neighborhoods.

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

Central Alameda South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Central Alameda South 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 South are 4.8%, which is lower than one will find in 68.1% of American neighborhoods. Demand for real estate in Central Alameda South 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 Central Alameda South neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 97.7% of U.S. neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the Central Alameda South neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.0% of neighborhoods in the U.S., with 24,660 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Central Alameda South neighborhood is among the top 5% of American neighborhoods in terms of walkability.

People

NeighborhoodScout's exclusive research revealed that 94.1% of the adult residents in the Central Alameda South neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.4% of the neighborhoods in America.

Diversity

Did you know that the Central Alameda South neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 59.2% of this neighborhood's residents have Mexican ancestry.

Central Alameda South is also pretty special linguistically. Significantly, 78.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.4% of all U.S. neighborhoods.

The Neighbors

How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.

The neighbors in the Central Alameda South 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 60.1% of U.S. neighborhoods. With 45.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.3% 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 South neighborhood, 37.6% 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 35.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.1%), and 10.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Central Alameda South neighborhood is Spanish, spoken by 78.5% of households. Some people also speak English (21.5%).

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 Central Alameda South neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (59.2%). In addition, 40.7% 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 Central Alameda South neighborhood spend between 15 and 30 minutes commuting one-way to work (33.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (56.1%) 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 (19.3%) and 16.3% 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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