Hatteras St / Reseda Blvd median real estate price is $458,016, which is less expensive than 86.2% of California neighborhoods and 39.3% of all U.S. neighborhoods.
The average rental price in Hatteras St / Reseda Blvd is currently $3,362, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 47.1% of California neighborhoods.
Hatteras St / Reseda Blvd is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Hatteras St / Reseda Blvd real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Hatteras St / Reseda Blvd neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.
In Hatteras St / Reseda Blvd, the current vacancy rate is 1.6%, which is a lower rate of vacancies than 88.2% of all neighborhoods in the U.S. This means that the housing supply in Hatteras St / Reseda Blvd is very tight compared to the demand for property here.
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 Hatteras St / Reseda Blvd neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
One of the really unique and interesting things about the look and setting of the Hatteras St / Reseda Blvd neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 91.8% of the residential real estate here is classified as such. This puts this neighborhood on the map as having a higher proportion of large apartment buildings than 98.5% of all neighborhoods in America.
In addition, the Hatteras St / Reseda Blvd neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 36,244 persons per square mile in the neighborhood, it is more packed with people than 97.6% of the nation's neighborhoods.
Did you know that the Hatteras St / Reseda Blvd neighborhood has more Iranian and Austrian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 7.9% of this neighborhood's residents have Iranian ancestry and 3.2% have Austrian ancestry.
Hatteras St / Reseda Blvd is also pretty special linguistically. Significantly, 5.2% of its residents five years old and above primarily speak Persian at home. While this may seem like a small percentage, it is higher than 99.8% of the neighborhoods in America.
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 Hatteras St / Reseda Blvd neighborhood in Los Angeles are middle-income, making it a moderate income neighborhood. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 57.7% of the neighborhoods in America. In addition, 3.1% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 70.8% of America'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 Hatteras St / Reseda Blvd neighborhood, 47.6% of the working population is employed in executive, management, and professional 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 23.5% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (16.6%), and 12.3% in manufacturing and laborer occupations.
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 Hatteras St / Reseda Blvd neighborhood is English, spoken by 45.7% of households. Other important languages spoken here include Spanish and Persian.
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 Hatteras St / Reseda Blvd neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (18.5%). There are also a number of people of Mexican ancestry (8.6%), and residents who report Irania roots (7.9%), and some of the residents are also of South American ancestry (4.2%), along with some Italian ancestry residents (3.3%), among others. In addition, 35.7% of the residents of this neighborhood were born in another country.
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 Hatteras St / Reseda Blvd neighborhood spend between 15 and 30 minutes commuting one-way to work (33.5% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (57.0%) 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 (12.0%) . In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.