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Real Estate Prices & Overview

W James M Wood Blvd / S Kingsley Dr median real estate price is $1,398,061, which is more expensive than 79.2% of the neighborhoods in California and 95.6% of the neighborhoods in the U.S.

The average rental price in W James M Wood Blvd / S Kingsley Dr is currently $2,788, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 65.3% of California neighborhoods.

W James M Wood Blvd / S Kingsley Dr is a densely urban neighborhood (based on population density) located in Los Angeles, California.

W James M Wood Blvd / S Kingsley Dr 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the W James M Wood Blvd / S Kingsley Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

W James M Wood Blvd / S Kingsley Dr has a 9.9% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 61.1% of American neighborhoods). Most vacant housing here is vacant year round. This could either signal that there is a weak demand for real estate in the neighborhood or that large amount of new housing has been built and not yet occupied. Either way, if you live here, you may find many of the homes or apartments are empty.

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 W James M Wood Blvd / S Kingsley Dr neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (37.2% ride the bus) than 99.9% of all American neighborhoods. If you like the idea of leaving your car and home and hopping the bus to work, this might be a good neighborhood for you to consider.

Real Estate

97.9% of the real estate in the W James M Wood Blvd / S Kingsley Dr neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, the W James M Wood Blvd / S Kingsley Dr 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 93.8% 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.

Furthermore, the W James M Wood Blvd / S Kingsley Dr neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 51,907 persons per square mile in the neighborhood, it is more packed with people than 98.5% of the nation's neighborhoods. 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 W James M Wood Blvd / S Kingsley Dr neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Also of note, one of the really unique and interesting things about the look and setting of the W James M Wood Blvd / S Kingsley Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 91.3% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.4% of all neighborhoods in America.

Car Ownership

Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the W James M Wood Blvd / S Kingsley Dr neighborhood have a highly unusual car ownership. 32.6% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.4% of U.S. neighborhoods.

People

With more than 1.6% of residents living with a same sex partner, W James M Wood Blvd / S Kingsley Dr is truly a neighborhood that stands out from the rest in this regard. In fact, exclusive analysis by NeighborhoodScout reveals that this neighborhood has a greater concentration of same sex couples than 95.1% of U.S. neighborhoods.

Diversity

Did you know that the W James M Wood Blvd / S Kingsley Dr neighborhood has more Cuban ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.3% of this neighborhood's residents have Cuban ancestry.

W James M Wood Blvd / S Kingsley Dr is also pretty special linguistically. Significantly, 13.2% of its residents five years old and above primarily speak Korean at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

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 W James M Wood Blvd / S Kingsley Dr 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 81.2% of U.S. neighborhoods. With 39.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 88.5% 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 W James M Wood Blvd / S Kingsley Dr neighborhood, 37.8% 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 37.6% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (19.1%), and 5.5% 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 W James M Wood Blvd / S Kingsley Dr neighborhood is Spanish, spoken by 45.3% of households. Other important languages spoken here include English, Korean, Chinese and Tagalog (the first language of the Philippine region).

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 W James M Wood Blvd / S Kingsley Dr neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (33.0%). There are also a number of people of Asian ancestry (23.1%), and residents who report Italian roots (2.6%), and some of the residents are also of Cuban ancestry (2.3%), along with some South American ancestry residents (2.1%), among others. In addition, 41.1% 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 W James M Wood Blvd / S Kingsley Dr neighborhood spend between 45 minutes and one hour commuting one-way to work (41.0% of working residents), longer and tougher than most commutes in America.

Here most residents (39.2%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (37.2%) and 8.4% 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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