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Real Estate Prices & Overview

Clinton St / N Heliotrope Dr median real estate price is $2,802,389, which is more expensive than 96.1% of the neighborhoods in California and 99.3% of the neighborhoods in the U.S.

The average rental price in Clinton St / N Heliotrope Dr is currently $2,678, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 68.9% of California neighborhoods.

Clinton St / N Heliotrope Dr is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Clinton St / N Heliotrope Dr 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 Clinton St / N Heliotrope Dr neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built before 1940.

Clinton St / N Heliotrope Dr has a 13.0% vacancy rate, which is well above average compared to other U.S. neighborhoods (higher than 72.7% 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

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

Our research revealed that more commuters here take the bus to work (22.5% ride the bus) than 99.0% 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.

Real Estate

The Clinton St / N Heliotrope Dr 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 92.7% 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.

In addition, renter-occupied real estate is dominant in the Clinton St / N Heliotrope Dr neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 96.2%, which is higher than 98.3% 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.

Furthermore, if you like crowded places, then you will probably enjoy the the Clinton St / N Heliotrope Dr neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.2% of neighborhoods in the U.S., with 25,868 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 Clinton St / N Heliotrope Dr neighborhood is one of the most walkable neighborhoods in America.

Also of note, one of the really unique and interesting things about the look and setting of the Clinton St / N Heliotrope Dr neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 72.2% 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 95.4% of all neighborhoods in America.

Car Ownership

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 Clinton St / N Heliotrope Dr neighborhood have a highly unusual car ownership. 20.4% of the households in this neighborhood don't own a car at all. This is more carless households than NeighborhoodScout found in 95.3% of U.S. neighborhoods.

Migration / Stability

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 Clinton St / N Heliotrope Dr neighborhood has a greater percentage of residents born in another country (49.9%) than are found in 97.6% of all U.S. neighborhoods.

Diversity

Did you know that the Clinton St / N Heliotrope Dr neighborhood has more Armenian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 0.6% of this neighborhood's residents have Armenian ancestry.

Clinton St / N Heliotrope Dr is also pretty special linguistically. Significantly, 4.4% 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 98.6% of the neighborhoods in America.

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 Clinton St / N Heliotrope Dr 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 83.2% of U.S. neighborhoods. With 28.3% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.4% of U.S. neighborhoods.

The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.

In the Clinton St / N Heliotrope Dr neighborhood, 36.3% 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 executive, management, and professional occupations, with 28.1% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (20.3%), and 15.3% in manufacturing and laborer 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 Clinton St / N Heliotrope Dr neighborhood is Spanish, spoken by 56.3% of households. Other important languages spoken here include English, Tagalog (the first language of the Philippine region) and Korean.

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 Clinton St / N Heliotrope Dr neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (27.0%). There are also a number of people of Asian ancestry (11.5%), and residents who report English roots (4.3%), and some of the residents are also of German ancestry (3.6%), along with some South American ancestry residents (2.9%), among others. In addition, 49.9% 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 Clinton St / N Heliotrope Dr neighborhood spend between 15 and 30 minutes commuting one-way to work (29.4% of working residents), which is shorter than the time spent commuting to work for most Americans.

Here most residents (45.5%) drive alone in a private automobile to get to work. In addition, quite a number also ride the bus to get to work (22.5%) and 12.4% 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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