S Oxford Ave / W 7th St median real estate price is $1,531,967, which is more expensive than 84.0% of the neighborhoods in California and 96.8% of the neighborhoods in the U.S.
The average rental price in S Oxford Ave / W 7th St is currently $3,372, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 44.0% of California neighborhoods.
S Oxford Ave / W 7th St is a densely urban neighborhood (based on population density) located in Los Angeles, California.
S Oxford Ave / W 7th St 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 small apartment buildings. Most of the residential real estate is renter occupied. Many of the residences in the S Oxford Ave / W 7th St neighborhood are newer, built in 2000 or more recently. A number of residences were also built before 1940.
S Oxford Ave / W 7th St has a 14.4% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 76.5% 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.
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.
The real estate in the S Oxford Ave / W 7th St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 97.6% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.5% of American neighborhoods.
In addition, the S Oxford Ave / W 7th St neighborhood is very unique in that it has one of the highest proportions of one, two, or no bedroom real estate of any neighborhood in America. Most neighborhoods have a mixture of home or apartment sizes from small to large, but here the concentration of studios and other small living spaces is at near-record heights. With 96.9% of the real estate here of this small size, this most assuredly is a notable feature that makes this neighborhood unique, along with just a handful of other neighborhoods in the U.S. that share this characteristic.
Furthermore, renter-occupied real estate is dominant in the S Oxford Ave / W 7th St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.9%, which is higher than 98.5% of the neighborhoods in America. If you were to buy and live in the property you bought here, you would be almost alone in doing so.
Also of note, the S Oxford Ave / W 7th St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 30,553 persons per square mile in the neighborhood, it is more packed with people than 97.0% of the nation's neighborhoods.
More people ride the bus in this neighborhood each day to get to work than 97.5% of U.S. neighborhoods.
Most American households own a car or other vehicle. Many own two cars or perhaps three. In the United States, it is useful to have an automobile not only for commuting, but also for shopping and getting to other services one needs. But NeighborhoodScout's analysis revealed that households in the S Oxford Ave / W 7th St neighborhood have a highly unusual car ownership. 22.8% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.9% of U.S. neighborhoods.
With a nice mix of college students, safety from crime, and decent walkability, the S Oxford Ave / W 7th St neighborhood rates highly as a college student friendly place to live, and one that college students and their parents may want to consider. NeighborhoodScout's analysis shows that it rates more highly for a good place for college students to live than 85.6% of the neighborhoods in CA. This often also means that the area has certain amenities and services geared towards college students, from undergraduates to graduate students.
Did you know that the S Oxford Ave / W 7th St neighborhood has more Asian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 49.1% of this neighborhood's residents have Asian ancestry and 1.2% have Iranian ancestry.
S Oxford Ave / W 7th St is also pretty special linguistically. Significantly, 30.3% 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 100.0% of the neighborhoods in America.
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 S Oxford Ave / W 7th St neighborhood. What is interesting to note, is that the S Oxford Ave / W 7th St neighborhood has a greater percentage of residents born in another country (55.8%) than are found in 98.7% of all U.S. neighborhoods.
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 Oxford Ave / W 7th 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 64.1% of U.S. neighborhoods. With 32.0% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 83.1% 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 S Oxford Ave / W 7th St neighborhood, 49.0% 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 36.0% of the residents employed. Other residents here are employed in manufacturing and laborer occupations (9.4%), and 5.6% in clerical, assistant, and tech support 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 S Oxford Ave / W 7th St neighborhood is Spanish, spoken by 30.8% of households. Other important languages spoken here include Korean, English, Chinese and Tagalog (the first language of the Philippine region).
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 S Oxford Ave / W 7th St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Asian (49.1%). There are also a number of people of Mexican ancestry (16.6%), and residents who report Irish roots (1.9%), and some of the residents are also of Italian ancestry (1.5%), along with some Irania ancestry residents (1.2%), among others. In addition, 55.8% 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 S Oxford Ave / W 7th St neighborhood spend between 30 and 45 minutes commuting one-way to work (37.8% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.
Here most residents (43.0%) 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 (18.2%) and 15.5% 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.