La Mirada Southeast is a densely populated urban area in La Mirada, California.
Real estate in La Mirada Southeast is mainly composed of apartment buildings with high-rise apartments and medium-sized single-family homes with three to four bedrooms to huge residences with four, five, or more bedrooms. Owners occupy the majority of the residential real estate. The majority of the houses in the La Mirada Southeast area were constructed between 1940 and 1969, making them older and more established. Additionally, a handful of houses were constructed between 1970 and 1999.
The current vacancy rate in La Mirada Southeast is 0.7%, which is lower than the nationwide average of 93.1%. This means that relative to the demand for real estate in this area, the housing supply in La Mirada Southeast is quite limited.
The median home price in La Mirada Southeast is $843,444, which is more costly than the median home price in 90.8% of American neighborhoods and 60.8% of Californian areas.
According to an exclusive analysis by NeighborhoodScout, the current average rental cost in La Mirada Southeast is $3,985. This neighborhood’s average rent is greater than the average for 79.3% of California’s neighborhoods.
Most neighborhoods contain a mix of newer and older homes, but this one stands out owing to its preponderance of houses constructed between 1940 and 1969, which are generally regarded as older, well-established residences. The building of homes was very active during this time in America. As GIs returned home following the end of World War II, many used the GI Bill to purchase recently constructed homes on the outskirts of cities and started their families. The ‘Baby Boom’ generation (1945–1964) and its many descendants grew up in homes constructed during this period, which is generally referred to as the housing era. But what makes the La Mirada Southeast neighborhood so intriguing is that an astounding 84.4% of the residences here were constructed during this time period. This neighborhood, a very significant piece of Americana, has a look and feel that harkens to that time in American history when you drive or walk its streets.
Did you know that the La Mirada Southeast neighborhood has the highest concentration of residents with Dutch ancestry of any neighborhood in the United States? It is real! In actuality, 6.2% of the people in this community are of Dutch descent.
La Mirada Southeast has an own language as well. Significantly, 8.4% of the population who are five years old or older speak Korean at home. Despite the fact that this might seem like a small percentage, it is more than 99.5% of American neighborhoods
Next Neighborhood: La Mirada Southwest