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Real Estate Prices & Overview

Tujunga Canyon Blvd / Commerce Ave median real estate price is $962,196, which is more expensive than 59.0% of the neighborhoods in California and 90.0% of the neighborhoods in the U.S.

The average rental price in Tujunga Canyon Blvd / Commerce Ave is currently $2,980, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 57.8% of California neighborhoods.

Tujunga Canyon Blvd / Commerce Ave is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Tujunga Canyon Blvd / Commerce Ave 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 single-family homes. Most of the residential real estate is renter occupied. Many of the residences in the Tujunga Canyon Blvd / Commerce Ave neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

Home and apartment vacancy rates are 7.8% in Tujunga Canyon Blvd / Commerce Ave. NeighborhoodScout analysis shows that this rate is lower than 49.5% of the neighborhoods in the nation, approximately near the middle range for vacancies.

Notable & Unique Neighborhood Characteristics

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 Tujunga Canyon Blvd / Commerce Ave neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.

Real Estate

The Tujunga Canyon Blvd / Commerce Ave 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 93.3% 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, 96.7% of the real estate in the Tujunga Canyon Blvd / Commerce Ave neighborhood is occupied by renters, which is nearly the highest rate of renter occupancy of any neighborhood in America.

Furthermore, one of the really unique and interesting things about the look and setting of the Tujunga Canyon Blvd / Commerce Ave neighborhood is that it is almost entirely dominated by large apartment buildings, such as apartment complexes or high-rise apartments. 91.0% 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 98.4% of all neighborhoods in America.

Also of note, if you like crowded places, then you will probably enjoy the the Tujunga Canyon Blvd / Commerce Ave neighborhood. According to NeighborhoodScout's exclusive data analysis, this neighborhood is more densely populated than 96.0% of neighborhoods in the U.S., with 24,527 people per square mile living here.

People

The Tujunga Canyon Blvd / Commerce Ave neighborhood stands out within California for its college student friendly environment. NeighborhoodScout's analysis reveals that this neighborhood is home to a number of college students, is relatively walkable, and above average in safety. In combination, this makes it stand out for a good place for college students to consider. Because a number of college students live here, this neighborhood may be close to a college campus and offer certain amenities nearby geared towards the student body. While it's not an environment for everyone, ambitious scholars can enjoy seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the area has an above average safety rating. For each of these reasons, the neighborhood is rated among the top 6.1% of college-friendly places to live in CA.

Diversity

Did you know that the Tujunga Canyon Blvd / Commerce Ave neighborhood has more Armenian and Iranian ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 30.3% of this neighborhood's residents have Armenian ancestry and 9.0% have Iranian ancestry.

Tujunga Canyon Blvd / Commerce Ave is also pretty special linguistically. Significantly, 3.4% 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 99.6% of the neighborhoods in America.

Migration / Stability

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 Tujunga Canyon Blvd / Commerce Ave neighborhood has a greater percentage of residents born in another country (61.3%) than are found in 99.3% of all U.S. neighborhoods.

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 Tujunga Canyon Blvd / Commerce Ave 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 92.9% of U.S. neighborhoods. With 10.5% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 50.6% 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 Tujunga Canyon Blvd / Commerce Ave neighborhood, 40.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is manufacturing and laborer occupations, with 22.7% of the residents employed. Other residents here are employed in sales and service jobs, from major sales accounts, to working in fast food restaurants (21.4%), and 15.1% 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 Tujunga Canyon Blvd / Commerce Ave neighborhood is Spanish, spoken by 40.2% of households. Other important languages spoken here include English, Persian and Korean.

Ethnicity / Ancestry

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 Tujunga Canyon Blvd / Commerce Ave neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Armenian (30.3%). There are also a number of people of Mexican ancestry (21.7%), and residents who report Irania roots (9.0%), and some of the residents are also of Asian ancestry (4.9%), along with some Portuguese ancestry residents (3.7%), among others. In addition, 61.3% of the residents of this neighborhood were born in another country.

Getting to Work

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 Tujunga Canyon Blvd / Commerce Ave neighborhood spend under 15 minutes commuting one-way to work (44.9% of working residents), one of the shortest commutes across America.

Here most residents (85.3%) drive alone in a private automobile to get to work. In addition, quite a number also hop out the door and walk to work to get to work (5.3%) and 5.2% 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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