La Mirada City Center is a densely populated urban area in La Mirada, California.
The City Center of La Mirada, CA real estate consists mostly of medium-sized (three or four bedroom) to big (four, five, or more bedroom) single-family homes and apartment complexes/high-rise apartments. The majority of residential real estate is owner-occupied. Many of the homes in the City Center area are older and well-established, having been constructed between 1940 and 1969. A number of houses were also constructed between 1970 and 1999.
The current vacancy rate in La Mirada City Center is 0.5%, which is lower than the vacancy rate in 93.6% of all communities in the United States. This means that housing supply in La Mirada City Center is extremely limited in comparison to demand.
The median real estate price in La Mirada’s City Center is $814,722, which is more costly than 57.5% of California communities and 90% of US neighborhoods.
According to NeighborhoodScout’s unique analysis, the average rental price in La Mirada City Center is presently $2,681. Rents in this neighborhood are currently lower than in 58.2% of California neighborhoods.
Most neighborhoods include a range of home ages, from new to old, but this one stands out because of its concentration of residential real estate built in one time period: from 1940 to 1969, which are generally regarded older, well-established residences. This was a prolific period for home development in America. After World War II, GIs returned home and used the GI Bill to purchase freshly built homes on the outskirts of cities, where they raised their families. This housing era roughly corresponds to the ‘Baby Boom’ generation (1945-1964), and many baby boomers grew up in homes built during this time period. What makes the La Mirada City Center neighborhood unique is that 91.3% of the homes were developed during this time period. As a result, as you walk its streets or drive through it, you will notice that this area has a look and feel that harkens back to that era in American history, a very important piece of Americana.
The La Mirada City Center area is notable in California for its college student-friendly atmosphere. According to NeighborhoodScout’s study, this neighborhood is home to a number of college students, is generally walkable, and is safe. This, together with other factors, distinguishes it as a viable option for college students to consider. Because a large number of college students live in this neighborhood, it may be close to a college campus and provide amenities oriented toward the student body. While it is not for everyone, ambitious students can experience seasonal excitement between semesters and school breaks, and parents can rest easy knowing that the neighborhood has an above-average safety rating. For each of these reasons, the neighborhood is ranked among the top 10% of college-friendly neighborhoods in California. This area is not just ideal for college students, but it is also ideal for families with school-aged children.
Significantly, 2.3% of its population aged five and up speak Korean at home. While this may appear to be a small amount, it is greater than 96.5% of American communities.
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