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Real Estate Prices & Overview

Saturn St / Carmona Ave median real estate price is $2,290,301, which is more expensive than 90.4% of the neighborhoods in California and 98.1% of the neighborhoods in the U.S.

The average rental price in Saturn St / Carmona Ave is currently $2,900, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 60.8% of California neighborhoods.

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

Saturn St / Carmona 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 renter occupied. Many of the residences in the Saturn St / Carmona 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.

Saturn St / Carmona Ave has a 13.3% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 73.6% 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.

Real Estate

The Saturn St / Carmona 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 87.1% 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, 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 Saturn St / Carmona Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

Furthermore, 85.5% of the real estate in the Saturn St / Carmona Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (12.9% ride the bus) than 96.4% 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.

Diversity

Did you know that the Saturn St / Carmona Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 57.6% of this neighborhood's residents have Mexican ancestry.

Saturn St / Carmona Ave is also pretty special linguistically. Significantly, 1.3% 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 98.3% 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 Saturn St / Carmona Ave 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 62.6% of the neighborhoods in America. With 35.2% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 85.8% 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 Saturn St / Carmona Ave neighborhood, 36.6% 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 33.9% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.2%), and 9.3% 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 Saturn St / Carmona Ave neighborhood is Spanish, spoken by 62.9% of households. Other important languages spoken here include English, French and Tagalog (the first language of the Philippine region).

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 Saturn St / Carmona Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (57.6%). There are also a number of people of Sub-Saharan African ancestry (3.3%), and residents who report Asian roots (3.1%), and some of the residents are also of German ancestry (2.5%), along with some African ancestry residents (2.3%), among others. In addition, 36.5% 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 Saturn St / Carmona Ave neighborhood spend under 15 minutes commuting one-way to work (30.9% of working residents), one of the shortest commutes across America.

Here most residents (72.0%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (12.9%) and 7.4% 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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