3 Family-Friendly Neighborhoods in Los Angeles

| November 1, 2012 More

By Tracey March

Looking to invest in Los Angeles rental property? We looked at median income, median age, diversity, percentage of renters and owners, crime rates, and school ratings to find some top, family-friendly contenders:

1. Westwood

Westwood is the home of UCLA and is known for its vintage movie theaters, the Hammer Museum, and its village-like atmosphere. Westwood is also one of the safest neighborhoods in Los Angeles. It has great shopping, restaurants and nightspots, and unless you live next door to the UCLA dorms, its residential areas are reportedly quiet. The downside: Westwood has a reputation for difficult parking and lots of traffic, and some stores and restaurants can be pricey.

Key Stats*:

  • Median Income: $68,716
  • Median age: 27
  • Diversity: moderately diverse
  • Rent/Own: 64.1%/35.9%
  • 6-month Crime Summary: 63.6 per 10,000
  • Public Schools: rated 8.3/10 (on Nabewise using data from Greatschools.org)

Photo used under Creative Commons under Mike Disharoon, Flickr
Westwood and UCLA.

2. Mar Vista

Known as a nice “eco-friendly” neighborhood with lots of young families, Mar Vista is close to the beach, has good freeway access, and is walking distance to shopping and public transportation. In addition, the walking/bike path on Culver Boulevard is very close. Mar Vista’s vibe is less urban than other neighborhoods on the Westside. The Mar Vista Farmer’s Market is a community gathering spot.

Key Stats*:

  • Median Income: $62,611
  • Median age: 35
  • Diversity: highly diverse
  • Rent/Own: 60.6%/39.4%
  • 6-month Crime Summary: 80.6 per 10,000
  • Public Schools: rated 6.3/10 (on Nabewise using data from Greatschools.org)
Mar Vista's farmer's market

Photo used under Creative Commons under markhogan, Flickr
Mar Vista Farmer?s Market.

Mar Vista playground

Photo used under Creative Commons under cubby_t_bear, Flickr
Playground in Mar Vista.

*From Mapping L.A. Project, L.A. Times

3. Silver Lake

Silver Lake is perhaps one of THE places to live if you want a diverse, progressive, eclectic, friendly, espresso-loving community known for its hipster density. Musicians, writers, artists and skinny jeans abound.

Key Stats*:

  • Median Income: $54,339
  • Median age: 35
  • Diversity: highly diverse
  • Rent/Own: 64.3%/35.7%
  • 6-month Crime Summary: 122.8 per 10,000
Silverlake

Photo used under Wikimedia Commons, David Liu.

The hills of Silverlake

Photo used under Creative Commons from Mr. Skeleton, Flickr
View across Silver Lake Reservoir.

Coffee Party, USA

Photo used under Creative Commons from CoffeePartyUSA, Flickr
Hipster coffeeshop.

*From Mapping L.A. Project, L.A. Times

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Category: Investment Property

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