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Real Estate Prices & Overview

Lanfranco St / S Grande Vista Ave median real estate price is $817,516, which is more expensive than 45.3% of the neighborhoods in California and 85.4% of the neighborhoods in the U.S.

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

Lanfranco St / S Grande Vista Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Lanfranco St / S Grande Vista Ave 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 occupied by a mixture of owners and renters. Many of the residences in the Lanfranco St / S Grande Vista Ave 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 Lanfranco St / S Grande Vista Ave are 5.2%, which is lower than one will find in 65.5% of American neighborhoods. Demand for real estate in Lanfranco St / S Grande Vista Ave 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

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

If you like crowded places, then you will probably enjoy the the Lanfranco St / S Grande Vista Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.7% of neighborhoods in the U.S., with 23,284 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 Lanfranco St / S Grande Vista Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Diversity

Did you know that the Lanfranco St / S Grande Vista Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 82.7% of this neighborhood's residents have Mexican ancestry.

Lanfranco St / S Grande Vista Ave is also pretty special linguistically. Significantly, 83.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.0% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Lanfranco St / S Grande Vista Ave neighborhood. What is interesting to note, is that the Lanfranco St / S Grande Vista Ave neighborhood has a greater percentage of residents born in another country (48.3%) than are found in 97.2% 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 Lanfranco St / S Grande Vista Ave 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 58.2% of the neighborhoods in America. In addition, 7.8% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 56.3% of America'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 Lanfranco St / S Grande Vista Ave neighborhood, 36.5% 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 33.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.7%), and 11.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the Lanfranco St / S Grande Vista Ave neighborhood is Spanish, spoken by 83.4% of households. Some people also speak English (15.9%).

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 Lanfranco St / S Grande Vista Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (82.7%). In addition, 48.3% 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 Lanfranco St / S Grande Vista Ave neighborhood spend between 30 and 45 minutes commuting one-way to work (43.9% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (76.0%) 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 (15.4%) and 6.2% 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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