Malabar St / Sloat St median real estate price is $675,641, which is more expensive than 31.6% of the neighborhoods in California and 77.0% of the neighborhoods in the U.S.
The average rental price in Malabar St / Sloat St is currently $1,992, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 89.8% of California neighborhoods.
Malabar St / Sloat St is a densely urban neighborhood (based on population density) located in Los Angeles, California.
Malabar St / Sloat St real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) single-family homes and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Malabar St / Sloat St neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1940 and 1969.
In Malabar St / Sloat St, the current vacancy rate is 2.0%, which is a lower rate of vacancies than 85.6% of all neighborhoods in the U.S. This means that the housing supply in Malabar St / Sloat St 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 Malabar St / Sloat St neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
If you like crowded places, then you will probably enjoy the the Malabar St / Sloat 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 23,924 people per square mile living here. Even if you drive or take transit to your place of employment, many people enjoy being able to walk in their neighborhood. What many people don't realize is that most of America's premier vacation locations are also very walkable. The Malabar St / Sloat St neighborhood is among the top 5% of American neighborhoods in terms of walkability.
In addition, if you find historic homes and neighborhoods attractive, you love the details, the history, and the charm, then you are sure to be interested in this neighborhood. With 67.7% of the residential real estate in the Malabar St / Sloat St neighborhood built no later than 1939, and some built considerably earlier, this neighborhood has a greater concentration of historic residences than 98.2% of all neighborhoods in America. In this regard, this neighborhood truly stands out as special.
There are more people living in the Malabar St / Sloat St neighborhood employed as sales and service workers (58.8%) than almost any neighborhood in the country. From fast-food service workers to major sales accounts, sales and service workers make up the largest proportion of our national employment picture. But despite that size and importance nationally, this neighborhood still stands out as unique due to the dominance of people living here who work in such occupations.
Our research shows that more people carpool to work here in the Malabar St / Sloat St (22.5%) than in 95.2% of the neighborhoods in America.
Did you know that the Malabar St / Sloat St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 81.5% of this neighborhood's residents have Mexican ancestry.
Malabar St / Sloat St is also pretty special linguistically. Significantly, 85.4% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 99.2% of all U.S. neighborhoods.
Do you like to be surrounded by people from all over the country or world, with different perspectives and life experiences? Or do you instead prefer to be in a neighborhood where most residents have lived there for a long time, creating a sense of cohesiveness? NeighborhoodScout's analysis reveals that this neighborhood stands out among American neighborhoods for the uniqueness of the mobility of its residents. What is interesting to note, is that the Malabar St / Sloat St neighborhood has a greater percentage of residents born in another country (45.6%) than are found in 96.2% 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 Malabar St / Sloat 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 63.6% of U.S. neighborhoods. With 28.1% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 79.8% 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 Malabar St / Sloat St neighborhood, 41.2% 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 25.6% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (18.4%), and 14.8% in executive, management, and professional occupations.
The most common language spoken in the Malabar St / Sloat St neighborhood is Spanish, spoken by 85.4% of households. Some people also speak English (13.5%).
Culture is shared learned behavior. We learn it from our parents, their parents, our houses of worship, and much of our culture – our learned behavior – comes from our ancestors. That is why ancestry and ethnicity can be so interesting and important to understand: places with concentrations of people of one or more ancestries often express those shared learned behaviors and this gives each neighborhood its own culture. Even different neighborhoods in the same city can have drastically different cultures.
In the Malabar St / Sloat St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (81.5%). There are also a number of people of Asian ancestry (1.6%), and residents who report British roots (1.5%). In addition, 45.6% 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 Malabar St / Sloat St 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 (59.1%) 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 (22.5%) and 5.8% 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.