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Real Estate Prices & Overview

Orion Ave / Parthenia St median real estate price is $923,739, which is more expensive than 56.5% of the neighborhoods in California and 89.4% of the neighborhoods in the U.S.

The average rental price in Orion Ave / Parthenia St is currently $2,543, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 71.6% of California neighborhoods.

Orion Ave / Parthenia St is a densely urban neighborhood (based on population density) located in Los Angeles, California.

Orion Ave / Parthenia St 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 townhomes. Most of the residential real estate is renter occupied. Many of the residences in the Orion Ave / Parthenia St neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 1940 and 1969.

In Orion Ave / Parthenia St, the current vacancy rate is 1.9%, which is a lower rate of vacancies than 86.8% of all neighborhoods in the U.S. This means that the housing supply in Orion Ave / Parthenia St is very tight compared to the demand for property here.

Notable & Unique Neighborhood Characteristics

When you see a neighborhood for the first time, the most important thing is often the way it looks, like its homes and its setting. Some places look the same, but they only reveal their true character after living in them for a while because they contain a unique mix of occupational or cultural groups. This neighborhood is very unique in some important ways, according to NeighborhoodScout's exclusive exploration and analysis.

Real Estate

The real estate in the Orion Ave / Parthenia St neighborhood really stands out in the way it looks for a unique reason: this neighborhood has a higher proportion of apartment complexes or high-rise apartments than nearly every neighborhood in the country. Most neighborhoods are a mixture of real estate and housing types, but here it is almost entirely dominated by big apartment buildings and complexes. In fact, 97.7% of the real estate here is classified as apartment complexes or high-rise apartments, which is more than is found in 99.6% of American neighborhoods.

In addition, renter-occupied real estate is dominant in the Orion Ave / Parthenia St neighborhood. The percentage of rental real estate here, according to exclusive NeighborhoodScout analysis, is 99.6%, which is higher than 99.2% 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, the Orion Ave / Parthenia St neighborhood is very densely populated compared to most U.S. neighborhoods. In fact, with 45,472 persons per square mile in the neighborhood, it is more packed with people than 98.2% of the nation's neighborhoods.

Also of note, the Orion Ave / Parthenia St 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 91.9% 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.

Occupations

There are more people living in the Orion Ave / Parthenia St neighborhood employed as sales and service workers (57.9%) 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.

People

NeighborhoodScout's exclusive research revealed that 94.5% of the adult residents in the Orion Ave / Parthenia St neighborhood do not have a 4-year college degree, which is a lower rate of college graduated adults than found in 96.8% of the neighborhoods in America.

Migration / Stability

Some neighborhoods have more internal cohesiveness than others. While other neighborhoods feel like a collection of strangers who just happen to live near each other. Sometimes this comes down to not only the personalities of the people in a place, but how long people have been together in that neighborhood. NeighborhoodScout's research has revealed some interesting things about the rootedness of people in the Orion Ave / Parthenia St neighborhood. What is interesting to note, is that the Orion Ave / Parthenia St neighborhood has a greater percentage of residents born in another country (46.4%) than are found in 96.6% of all U.S. neighborhoods.

Diversity

Did you know that the Orion Ave / Parthenia St neighborhood has more Mexican ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 58.5% of this neighborhood's residents have Mexican ancestry.

Orion Ave / Parthenia St is also pretty special linguistically. Significantly, 82.7% of its residents five years old and above primarily speak Spanish at home. This is a higher percentage than 98.9% 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 Orion Ave / Parthenia 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 81.8% of U.S. neighborhoods. With 40.8% of the children here below the federal poverty line, this neighborhood has a higher rate of childhood poverty than 89.5% 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 Orion Ave / Parthenia St neighborhood, 42.1% 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 34.3% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (11.6%), and 11.2% in executive, management, and professional occupations.

Languages

The most common language spoken in the Orion Ave / Parthenia St neighborhood is Spanish, spoken by 82.7% of households. Some people also speak English (15.0%).

Ethnicity / Ancestry

Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.

In the Orion Ave / Parthenia St neighborhood in Los Angeles, CA, residents most commonly identify their ethnicity or ancestry as Mexican (58.5%). There are also a number of people of South American ancestry (4.8%), and residents who report Asian roots (2.4%), and some of the residents are also of Sub-Saharan African ancestry (1.6%), along with some African ancestry residents (1.6%), among others. In addition, 46.4% 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 Orion Ave / Parthenia St neighborhood spend between 30 and 45 minutes commuting one-way to work (35.2% of working residents), which is at or a bit above the average length of a commute across all U.S. neighborhoods.

Here most residents (71.2%) 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 (19.3%) and 5.2% 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.


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