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Real Estate Prices & Overview

Central Alameda South median real estate price is $760,528, which is more expensive than 40.9% of the neighborhoods in California and 82.5% of the neighborhoods in the U.S.

The average rental price in Central Alameda South is currently $2,716, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 67.8% of California neighborhoods.

Central Alameda South is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Central Alameda South real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and townhomes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Central Alameda South 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.

Real estate vacancies in Central Alameda South are 4.8%, which is lower than one will find in 68.1% of American neighborhoods. Demand for real estate in Central Alameda South 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

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.

Modes of Transportation

More people ride the bus in this neighborhood each day to get to work than 97.7% of U.S. neighborhoods.

Real Estate

If you like crowded places, then you will probably enjoy the the Central Alameda South neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.0% of neighborhoods in the U.S., with 24,660 people per square mile living here. 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 Central Alameda South neighborhood is among the top 5% of American neighborhoods in terms of walkability.

People

NeighborhoodScout's exclusive research revealed that 94.1% of the adult residents in the Central Alameda South neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.4% of the neighborhoods in America.

Diversity

Did you know that the Central Alameda South neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 59.2% of this neighborhood's residents have Mexican ancestry.

Central Alameda South is also pretty special linguistically. Significantly, 78.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.4% of all U.S. neighborhoods.

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 Central Alameda South 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 60.1% of U.S. neighborhoods. With 45.9% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 92.3% 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 Central Alameda South neighborhood, 37.6% 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 manufacturing and laborer occupations, with 35.6% of the residents employed. Other residents here are employed in executive, management, and professional occupations (14.1%), and 10.9% in clerical, assistant, and tech support occupations.

Languages

The most common language spoken in the Central Alameda South neighborhood is Spanish, spoken by 78.5% of households. Some people also speak English (21.5%).

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 Central Alameda South neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (59.2%). In addition, 40.7% 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 Central Alameda South neighborhood spend between 15 and 30 minutes commuting one-way to work (33.0% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (56.1%) 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 (19.3%) and 16.3% 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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