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Real Estate Prices & Overview

E Gabriel Garcia Marquez St / N Mission Rd median real estate price is $1,010,735, which is more expensive than 61.7% of the neighborhoods in California and 90.9% of the neighborhoods in the U.S.

The average rental price in E Gabriel Garcia Marquez St / N Mission Rd is currently $2,286, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 80.5% of California neighborhoods.

E Gabriel Garcia Marquez St / N Mission Rd is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E Gabriel Garcia Marquez St / N Mission Rd real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the E Gabriel Garcia Marquez St / N Mission Rd neighborhood are newer, built in 2000 or more recently. A number of residences were also built between 1970 and 1999.

Home and apartment vacancy rates are 6.3% in E Gabriel Garcia Marquez St / N Mission Rd. NeighborhoodScout analysis shows that this rate is lower than 58.0% of the neighborhoods in the nation, approximately near the middle range for vacancies.

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.

Real Estate

93.4% of the real estate in the E Gabriel Garcia Marquez St / N Mission Rd neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

In addition, if you like the look and ambience of new homes and newly built neighborhoods, you will love the E Gabriel Garcia Marquez St / N Mission Rd neighborhood. A whopping 75.4% of the homes and other residential real estate here were built after 1999, which is a higher proportion of new homes then you will find in 96.8% of the neighborhoods in the U.S. Everything here just feels new.

Occupations

From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the E Gabriel Garcia Marquez St / N Mission Rd neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 95.3% of all American neighborhoods.

Diversity

Did you know that the E Gabriel Garcia Marquez St / N Mission Rd neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.6% of this neighborhood's residents have Mexican ancestry.

E Gabriel Garcia Marquez St / N Mission Rd is also pretty special linguistically. Significantly, 10.8% 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 99.7% 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. What is interesting to note, is that the E Gabriel Garcia Marquez St / N Mission Rd neighborhood has a greater percentage of residents born in another country (44.0%) than are found in 95.7% of all U.S. neighborhoods.

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 E Gabriel Garcia Marquez St / N Mission Rd neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 88.7% of U.S. neighborhoods. With 50.7% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 94.2% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the E Gabriel Garcia Marquez St / N Mission Rd neighborhood, 38.2% 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 clerical, assistant, and tech support occupations, with 23.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (20.3%), and 18.5% in executive, management, and professional 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 E Gabriel Garcia Marquez St / N Mission Rd neighborhood is Spanish, spoken by 70.5% of households. Other important languages spoken here include English, Korean 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 E Gabriel Garcia Marquez St / N Mission Rd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (58.6%). There are also a number of people of Asian ancestry (19.4%), and residents who report Sub-Saharan African roots (2.4%), and some of the residents are also of African ancestry (2.4%), along with some South American ancestry residents (1.6%), among others. In addition, 44.0% 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 E Gabriel Garcia Marquez St / N Mission Rd neighborhood spend between 30 and 45 minutes commuting one-way to work (34.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (61.3%) 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 (16.8%) and 9.3% 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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