Studio District East median real estate price is $1,963,868, which is more expensive than 91.2% of the neighborhoods in California and 98.3% of the neighborhoods in the U.S.
The average rental price in Studio District East is currently $2,097, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 88.0% of California neighborhoods.
Studio District East is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Studio District East 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 Studio District East neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.
Vacant apartments or homes are a major fact of life in Studio District East. The current real estate vacancy rate here is 19.3%. This is higher than the rate of vacancies in 87.5% of all U.S. neighborhoods. In addition, most vacant housing here is vacant year round. This can sometimes be the case in neighborhoods dominated by new construction that is not yet occupied. But often neighborhoods with vacancy rates this high are places that can be plagued by a protracted vacancy problem. If you live here, you may find that a number of buildings in your neighborhood are actually empty.
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 Studio District East neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Our research revealed that more commuters here take the bus to work (25.8% ride the bus) than 99.5% 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.
Also, if your dream is to be able to ride your bike to work each day, look no further than this unique neighborhood. With 5.9% of residents in the Studio District East neighborhood commuting on a bicycle to and from work daily, this neighborhood has more bicycle commuters than 98.8% of all neighborhoods in the U.S., according to NeighborhoodScout's exclusive analysis.
From major sales accounts to fast-food workers, sales and service employees are often the backbone of the local economy. In the Studio District East neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis identifies this neighborhood as having a higher percentage of sales and service workers than 99.0% of all American neighborhoods.
98.5% of the real estate in the Studio District East neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.
In addition, the Studio District East 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 88.9% 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, the real estate in the Studio District East 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, 83.3% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 97.2% of American neighborhoods.
Also of note, if you like crowded places, then you will probably enjoy the the Studio District East neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 95.2% of neighborhoods in the U.S., with 21,219 people per square mile living here.
We Americans love our cars. Not only are they a necessity for most Americans due to the shape of our neighborhoods and the distances between where we live, work, shop, and go to school, but we also fancy them. As a result, most households in America have one, two, or three cars. But NeighborhoodScout's exclusive analysis shows that the Studio District East neighborhood has a highly unusual pattern of car ownership. 34.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 97.6% of U.S. neighborhoods.
Did you know that the Studio District East neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 8.5% of this neighborhood's residents have Armenian ancestry.
Studio District East is also pretty special linguistically. Significantly, 60.2% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 95.8% of all U.S. neighborhoods.
The freedom of moving to new places versus the comfort of home. How much and how often people move not only can create diverse and worldly neighborhoods, but simultaneously it can produce a loss of intimacy with one's surroundings and a lack of connectedness to one's neighbors. NeighborhoodScout's exclusive research has identified this neighborhood as unique with regard to the transience of its populace. What is interesting to note, is that the Studio District East neighborhood has a greater percentage of residents born in another country (50.4%) than are found in 97.5% 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 Studio District East neighborhood in Los Angeles are low income, making it among the lowest income neighborhoods in America. NeighborhoodScout's research shows that this neighborhood has an income lower than 92.6% of U.S. neighborhoods. With 42.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 91.0% 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 Studio District East neighborhood, 46.0% 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 27.7% of the residents employed. Other residents here are employed in executive, management, and professional occupations (22.3%), and 4.0% in clerical, assistant, and tech support occupations.
Languages
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 Studio District East neighborhood is Spanish, spoken by 60.2% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region) and African languages.
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 Studio District East neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (29.4%). There are also a number of people of Armenian ancestry (8.5%), and residents who report Asian roots (5.1%), and some of the residents are also of German ancestry (2.0%), along with some Puerto Rican ancestry residents (1.7%), among others. In addition, 50.4% 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 Studio District East neighborhood spend between 45 minutes and one hour commuting one-way to work (29.8% of working residents), longer and tougher than most commutes in America.
Here most residents (39.6%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (25.8%) and 18.0% 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.
