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Real Estate Prices & Overview

Oakdale Ave / Strathern St median real estate price is $1,079,750, which is more expensive than 65.7% of the neighborhoods in California and 92.1% of the neighborhoods in the U.S.

The average rental price in Oakdale Ave / Strathern St is currently $2,582, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 72.0% of California neighborhoods.

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

Oakdale Ave / Strathern St real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Oakdale Ave / Strathern St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Real estate vacancies in Oakdale Ave / Strathern St are 5.5%, which is lower than one will find in 63.3% of American neighborhoods. Demand for real estate in Oakdale Ave / Strathern St 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.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Oakdale Ave / Strathern St neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 96.7% of all American neighborhoods.

Modes of Transportation

If your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 3.0% of residents in the Oakdale Ave / Strathern St neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 95.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.

Migration / Stability

The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Oakdale Ave / Strathern St neighborhood has a greater percentage of residents born in another country (55.9%) than are found in 98.7% of all U.S. neighborhoods.

Diversity

Did you know that the Oakdale Ave / Strathern St neighborhood has more Eastern European and Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 2.2% of this neighborhood's residents have Eastern European ancestry and 0.8% have Armenian ancestry.

Oakdale Ave / Strathern St is also pretty special linguistically. Significantly, 17.4% of its residents five years old and above primarily speak Vietnamese at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.

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 Oakdale Ave / Strathern St 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 60.8% of the neighborhoods in America. With 24.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 74.6% 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 Oakdale Ave / Strathern St neighborhood, 40.3% 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 executive, management, and professional occupations, with 24.1% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (22.8%), and 12.0% 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 Oakdale Ave / Strathern St neighborhood is Spanish, spoken by 41.7% of households. Other important languages spoken here include English, Vietnamese, Tagalog (the first language of the Philippine region) and Langs. of India.

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 Oakdale Ave / Strathern St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (28.2%). There are also a number of people of Mexican ancestry (26.8%), and residents who report Irish roots (2.6%), and some of the residents are also of German ancestry (2.5%), along with some Eastern European ancestry residents (2.2%), among others. In addition, 55.9% 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 Oakdale Ave / Strathern St neighborhood spend between 15 and 30 minutes commuting one-way to work (36.3% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (55.0%) 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 (19.0%) . 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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