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Real Estate Prices & Overview

E 29th St / Griffith Ave median real estate price is $650,862, which is more expensive than 30.9% of the neighborhoods in California and 76.4% of the neighborhoods in the U.S.

The average rental price in E 29th St / Griffith Ave is currently $2,153, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 86.6% of California neighborhoods.

E 29th St / Griffith Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

E 29th St / Griffith 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 E 29th St / Griffith 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 1970 and 1999.

Real estate vacancies in E 29th St / Griffith Ave are 4.1%, which is lower than one will find in 70.2% of American neighborhoods. Demand for real estate in E 29th St / Griffith Ave 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.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (17.3% ride the bus) than 98.3% 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.

Real Estate

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 E 29th St / Griffith Ave neighborhood is among the top 5% of American neighborhoods in terms of walkability.

In addition, do you watch 'This Old House' on Public Television? Do you love the idea of fixing up a Colonial or Victorian era home, complete with the charm of yesteryear? Do you like to stroll or drive streets lined with gracious older residences? If you found yourself nodding yes to any of these questions, you are going to be interested in this unique neighborhood. The E 29th St / Griffith Ave neighborhood stands out on a national scale for the sheer concentration of historic residences it contains: 62.2% of the residential real estate here was built from 1939 or earlier, some much earlier. This is a greater concentration of historic homes than 97.2% of the neighborhoods in the United States.

People

There is an especially high percentage of incarcerated people (1.5%) living in the E 29th St / Griffith Ave neighborhood.

Diversity

Did you know that the E 29th St / Griffith Ave neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 74.7% of this neighborhood's residents have Mexican ancestry.

E 29th St / Griffith Ave is also pretty special linguistically. Significantly, 95.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.9% of all U.S. neighborhoods.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the E 29th St / Griffith Ave neighborhood. What is interesting to note, is that the E 29th St / Griffith Ave neighborhood has a greater percentage of residents born in another country (44.4%) than are found in 95.6% 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 29th St / Griffith Ave neighborhood in Los Angeles are lower-middle income, making it a below average income neighborhood. NeighborhoodScout's research shows that this neighborhood has an income lower than 63.8% of U.S. neighborhoods. With 25.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 77.2% 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 E 29th St / Griffith Ave neighborhood, 34.8% 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 32.5% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (27.4%), and 4.5% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the E 29th St / Griffith Ave neighborhood is Spanish, spoken by 95.2% of households. Some people also speak English (4.7%).

Ethnicity / Ancestry

Culture is the shared learned behavior of peoples. Undeniably, different ethnicities and ancestries have different cultural traditions, and as a result, neighborhoods with concentrations of residents of one or another ethnicities or ancestries will express those cultures. It is what makes the North End in Boston so fun to visit for the Italian restaurants, bakeries, culture, and charm, and similarly, why people enjoy visiting Chinatown in San Francisco.

In the E 29th St / Griffith Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (74.7%). There are also a number of people of Dutch ancestry (3.0%), and residents who report Puerto Rican roots (3.0%). In addition, 44.4% of the residents of this neighborhood were born in another country.

Getting to Work

How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in E 29th St / Griffith Ave neighborhood spend between 15 and 30 minutes commuting one-way to work (45.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (50.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (17.3%) and 7.2% 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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