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Real Estate Prices & Overview

S Fetterly Ave / Verona St median real estate price is $670,824, which is less expensive than 67.6% of California neighborhoods and 22.2% of all U.S. neighborhoods.

The average rental price in S Fetterly Ave / Verona St is currently $2,479, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 75.0% of California neighborhoods.

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

S Fetterly Ave / Verona St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and apartment complexes/high-rise apartments. Most of the residential real estate is renter occupied. Many of the residences in the S Fetterly Ave / Verona St neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

S Fetterly Ave / Verona St has a 10.5% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 63.6% 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

Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Los Angeles, the S Fetterly Ave / Verona St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Modes of Transportation

Our research revealed that more commuters here take the bus to work (16.4% ride the bus) than 97.7% 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.

People

The S Fetterly Ave / Verona St neighborhood is unique for having just 5.6% of adults here having earned a bachelor's degree. This is a lower rate of college graduates than NeighborhoodScout found in 96.6% of America's neighborhoods.

In addition, the S Fetterly Ave / Verona St neighborhood stands out within California for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 7.7% of college-friendly places to live in CA.

Real Estate

If you like crowded places, then you will probably enjoy the the S Fetterly Ave / Verona St neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.8% of neighborhoods in the U.S., with 23,883 people per square mile living here. Being a walkable neighborhood can help increase property values for the simple reason that people enjoy it and value it. To put it plainly, despite our love affair with the automobile, American's enjoy taking to the streets, sidewalks, paths, and courtyards of a place to get a coffee, relax, and take in the sights and sounds. And, according to NeighborhoodScout's exclusive and first quantitative walkable score index, the S Fetterly Ave / Verona St neighborhood is one of the most walkable neighborhoods in America.

Diversity

Did you know that the S Fetterly Ave / Verona St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 95.8% of this neighborhood's residents have Mexican ancestry.

S Fetterly Ave / Verona St is also pretty special linguistically. Significantly, 84.5% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.1% 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 S Fetterly Ave / Verona St 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 79.9% of U.S. neighborhoods. With 26.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 76.8% 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 S Fetterly Ave / Verona St neighborhood, 38.5% of the working population is employed in manufacturing and laborer 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 34.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (15.3%), and 11.9% in executive, management, and professional occupations.

Languages

The most common language spoken in the S Fetterly Ave / Verona St neighborhood is Spanish, spoken by 84.5% of households. Some people also speak English (15.5%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the S Fetterly Ave / Verona St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (95.8%). There are also a number of people of German ancestry (1.1%). In addition, 40.6% 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 S Fetterly Ave / Verona St neighborhood spend between 15 and 30 minutes commuting one-way to work (39.1% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (58.7%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (16.4%) and 13.8% 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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