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East Los Angeles, CA Real Estate


According to census data in the year 2000 there were 31,081 housing units in East Los Angeles. This represents a 2.9% growth from 30,196 in 1990.

Of those housing units, 31,081 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in East Los Angeles is about 36.5%. East Los Angeles's vacancy rate, including seasonal lodging, is about 4%. Average household size is 4.16 people.

The majority of houses, apartments or condos in East Los Angeles were built after 1954.

Statistics

Housing Size

Housing Units by Size
Studio Type13.30%
One Bedroom34.20%
Two Bedrooms32.70%
Three Bedrooms16.10%
Four Bedrooms3.20%
Five Bedrooms or more0.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size4.23
Median year structure was built1947
Median Value of occupied units$155,800
Median Price asked for vacant units$147,300

Rented Homes, Apartments and Condos

Average Household Size4.12
Median year structure was built1958
Median Monthly Rent asked for vacant units$602

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage7.40%
Home Equity Loan3.70%
Simple Mortgage53.90%
Debt Free34.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs22.7%