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Real Estate Prices & Overview

Massachusetts Ave / Glendon Ave median real estate price is $1,825,092, which is more expensive than 73.5% of the neighborhoods in California and 94.0% of the neighborhoods in the U.S.

The average rental price in Massachusetts Ave / Glendon Ave is currently $4,867, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 87.9% of the neighborhoods in California.

Massachusetts Ave / Glendon Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Massachusetts Ave / Glendon Ave 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 occupied by a mixture of owners and renters. Many of the residences in the Massachusetts Ave / Glendon Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

Massachusetts Ave / Glendon Ave has a 12.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 70.5% 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

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.

Modes of Transportation

In the Massachusetts Ave / Glendon Ave neighborhood, many people's commute means walking from the bedroom to the home office. NeighborhoodScout's analysis found that 54.8% of residents worked from home. This may not seem like a large number, but Scout's research shows that this is a higher percentage of people working from home than 99.9% of the neighborhoods in America. Often people who work from home are engaged in the creative or technological economy, such as is found in areas around Boston, and in Silicon Valley. Other times, people may be engaged in other businesses like trading stocks from home, or running a small beauty salon.

Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 2.6% of residents in the Massachusetts Ave / Glendon Ave neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.0% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

People

Do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 88.1% of the adults living in the Massachusetts Ave / Glendon Ave neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 99.5% of U.S. neighborhoods. In this way, this neighborhood truly stands out.

In addition, divorcees may find friendship and understanding in this neighborhood, as 22.7% of its residents are divorced. NeighborhoodScout's exclusive analysis found that this divorce rate is higher than in 98.1% of the neighborhoods in America.

Real Estate

The Massachusetts Ave / Glendon Ave 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 85.7% 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.

In addition, one of the really unique and interesting things about the look and setting of the Massachusetts Ave / Glendon Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 72.7% 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 95.5% of all neighborhoods in America.

Occupations

The Massachusetts Ave / Glendon Ave neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 95.9% of the neighborhoods in America. In fact, 70.8% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.

Diversity

Did you know that the Massachusetts Ave / Glendon Ave neighborhood has more Iranian and Greek ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 11.7% of this neighborhood's residents have Iranian ancestry and 5.8% have Greek ancestry.

Massachusetts Ave / Glendon Ave is also pretty special linguistically. Significantly, 8.9% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.9% of the neighborhoods in America.

Migration / Stability

Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. In the Massachusetts Ave / Glendon Ave neighborhood, a greater proportion of the residents living here today did not live here five years ago than is found in 95.9% of U.S. Neighborhoods. This neighborhood, more than almost any other in America, has new residents from other areas.

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 Massachusetts Ave / Glendon 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 49.6% of the neighborhoods in America. With 13.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 56.3% of U.S. neighborhoods.

What we choose to do for a living reflects who we are. Each neighborhood has a different mix of occupations represented, and together these tell you about the neighborhood and help you understand if this neighborhood may fit your lifestyle.

In the Massachusetts Ave / Glendon Ave neighborhood, 70.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is clerical, assistant, and tech support occupations, with 22.1% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (5.6%).

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 Massachusetts Ave / Glendon Ave neighborhood is English, spoken by 63.9% of households. Other important languages spoken here include Spanish, Persian and French.

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 Massachusetts Ave / Glendon Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (12.7%). There are also a number of people of French ancestry (12.1%), and residents who report Irania roots (11.7%), and some of the residents are also of Mexican ancestry (10.8%), along with some Irish ancestry residents (10.0%), among others. In addition, 29.1% 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 Massachusetts Ave / Glendon Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (66.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (36.3%) 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 (5.9%) . 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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