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Real Estate Prices & Overview

W Redondo Beach Blvd / Arcturus Ave median real estate price is $874,386, which is more expensive than 51.5% of the neighborhoods in California and 87.5% of the neighborhoods in the U.S.

The average rental price in W Redondo Beach Blvd / Arcturus Ave is currently $2,735, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.2% of California neighborhoods.

W Redondo Beach Blvd / Arcturus Ave is a densely urban neighborhood (based on population density) located in Gardena, California.

W Redondo Beach Blvd / Arcturus Ave real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is owner occupied. Many of the residences in the W Redondo Beach Blvd / Arcturus Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.

In W Redondo Beach Blvd / Arcturus Ave, the current vacancy rate is 3.0%, which is a lower rate of vacancies than 80.3% of all neighborhoods in the U.S. This means that the housing supply in W Redondo Beach Blvd / Arcturus Ave is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

The way a neighborhood looks and feels when you walk or drive around it, from its setting, its buildings, and its flavor, can make all the difference. This neighborhood has some really cool things about the way it looks and feels as revealed by NeighborhoodScout's exclusive research. This might include anything from the housing stock to the types of households living here to how people get around.

Car Ownership

American households most often have a car, and regularly they have two or three. But households in the W Redondo Beach Blvd / Arcturus Ave neighborhood buck this trend. Residents of this neighborhood must really love automobiles. NeighborhoodScout's Analysis reveals that 38.6% of the households here have four, five, or more cars. That is more cars per household than in 97.7% of the neighborhoods in the nation.

Diversity

Did you know that the W Redondo Beach Blvd / Arcturus Ave neighborhood has more Asian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 24.7% of this neighborhood's residents have Asian ancestry.

W Redondo Beach Blvd / Arcturus Ave is also pretty special linguistically. Significantly, 7.6% 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 99.4% 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 W Redondo Beach Blvd / Arcturus Ave neighborhood in Gardena are upper-middle income, making it an above average income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 68.5% of the neighborhoods in America. With 16.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 63.5% 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 W Redondo Beach Blvd / Arcturus Ave neighborhood, 45.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 23.0% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (17.9%), and 13.2% in sales and service jobs, from major sales accounts, to working in fast food restaurants.

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 Redondo Beach Blvd / Arcturus Ave neighborhood is English, spoken by 52.6% of households. Other important languages spoken here include Spanish, Korean, Vietnamese and Chinese.

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 W Redondo Beach Blvd / Arcturus Ave neighborhood in Gardena, CA, residents most commonly identify their ethnicity or ancestry as Mexican (29.5%). There are also a number of people of Asian ancestry (24.7%), and residents who report Irish roots (5.8%), and some of the residents are also of German ancestry (3.9%), along with some Spanish ancestry residents (3.4%), among others. In addition, 40.2% 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 W Redondo Beach Blvd / Arcturus Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (37.5% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (69.9%) 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 (12.5%) . 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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