Frequently Asked Questions
What’s the average price of homes for sale in 90032?
As of November 2024, the median home value in 90032 sits at $808,174, according to Zillow. But don’t let that number scare you off – there’s a wide range of options to fit various budgets. From cozy condos to sprawling estates, 90032 has something for everyone.
For instance, we recently closed a deal on a charming 2-bedroom condo for $455,000, perfect for first-time homebuyers. On the other end of the spectrum, a stunning 4-bedroom Mediterranean-style villa went for $1.5 million last month. Just remember, in this market, average is just a starting point for your unique journey.
How long do homes typically stay on the market in 90032?
Blink and you might miss it! Homes in 90032 are currently averaging about 37 days on the market, according to Redfin. That’s up slightly from last year’s 29 days, but still lightning-fast by any standard.
To put this in perspective, the national average is around 62 days. This means you need to be ready to move when you find your dream home. Pre-approval, quick decision-making, and a trusted real estate partner (ahem, that’s us) are your best friends in this fast-paced market.
What are the best schools in the 90032 area?
90032 is home to some stellar educational institutions. Standouts include El Sereno Middle School, known for its strong STEM programs, and Wilson High School, which boasts an impressive arts curriculum. For the little ones, Farmdale Elementary School has a reputation for nurturing young minds.
According to GreatSchools.org:
- El Sereno Middle School: 7/10
- Wilson High School: 6/10
- Farmdale Elementary School: 7/10
But remember, best is subjective – it’s about finding the right fit for your family’s unique needs and values. We recommend visiting these schools in person and speaking with current parents to get a true feel for the educational environment.
What amenities are available in the 90032 area?
90032 is a treasure trove of amenities that cater to diverse lifestyles. Here’s a quick rundown:
Parks and Recreation: The El Sereno Arroyo Playground offers 8 acres of green space, perfect for picnics and outdoor activities. The nearby Ascot Hills Park provides hiking trails with panoramic views of the city.
Shopping and Dining: The El Sereno Farmers Market runs every Friday, offering fresh, local produce. For retail therapy, the nearby Alhambra Place Shopping Center is just a short drive away.
Cultural Attractions: The Vincent Price Art Museum at East Los Angeles College showcases diverse exhibitions and is free to the public.
Healthcare: The USC Health Sciences Campus is located within 90032, providing top-tier medical facilities and research centers.
What’s the commute like from 90032 to downtown Los Angeles?
Your commute from 90032 to downtown Los Angeles can be a breeze, relatively speaking. Here’s the breakdown:
- Driving: On average, it takes about 15-20 minutes without traffic. During peak hours, this can extend to 30-40 minutes.
- Public Transit: The Metro L (Gold) Line from the nearby Indiana Station can get you downtown in about 25 minutes.
- Cycling: For the eco-conscious, there’s a bike path that can get you downtown in about 45 minutes, offering a scenic and healthy commute option.
According to LA Metro, ridership on the L Line has increased by 12% in the past year, indicating growing popularity of this commute option among 90032 residents.
What’s the real estate market outlook for 90032?
While we can’t predict the future with certainty, current trends suggest a steady market in 90032. Here’s what we’re seeing:
- Price Trends: Home values have increased by 7.6% over the past year, according to Zillow.
- Inventory: There’s been a slight increase in available homes, up 5% from last year, offering more options for buyers.
- Development: The Los Angeles City Planning department has approved several new residential projects in the area, indicating confidence in long-term growth.
Remember, real estate is local. While broader market trends are important, your specific situation and the unique characteristics of individual properties will always be the most crucial factors in any real estate decision.
Are there any upcoming developments or changes planned for 90032?
90032 is a neighborhood on the move, with several exciting developments in the pipeline:
The El Sereno Corridors Project: This community-driven initiative aims to revitalize major streets, improve pedestrian safety, and add green spaces. Construction is set to begin in early 2025.
Transit Improvements: LA Metro has proposed extending the L Line further east, which could improve connectivity for 90032 residents. The proposal is currently in the public comment phase.
Mixed-Use Development: A new project at the corner of Huntington Drive and Monterey Road has been approved, set to bring 120 new residential units and 15,000 sq ft of retail space to the area by 2026.
School Upgrades: The Los Angeles Unified School District has earmarked $15 million for facility improvements at Wilson High School, scheduled to begin next summer.
These developments could potentially impact property values and quality of life in 90032, making it an exciting time to invest in this evolving neighborhood.
What’s the demographic makeup of 90032?
90032 is a diverse and vibrant community. According to the latest data from the U.S. Census Bureau:
- Population: Approximately 45,000 residents
- Ethnic Breakdown:
- 76% Hispanic or Latino
- 13% Asian
- 7% White (non-Hispanic)
- 4% Other
- Median Age: 35.2 years
- Education: 22% of residents have a bachelor’s degree or higher
- Median Household Income: $58,000
This diversity contributes to the rich cultural tapestry of 90032, reflected in its local businesses, community events, and overall neighborhood vibe.
What’s the crime rate like in 90032?
Safety is a top priority for any homebuyer. While no urban area is without its challenges, 90032 has seen improvements in recent years. According to the Los Angeles Police Department:
- Overall crime rates in 90032 have decreased by 8% over the past year
- Property crimes are down 12% compared to five years ago
- The neighborhood benefits from active community policing programs
It’s important to note that crime rates can vary within the zip code. We recommend using tools like CrimeMapping to get detailed, up-to-date information about specific areas within 90032.
Remember, statistics only tell part of the story. Many of our clients report feeling safe and comfortable in their 90032 homes, citing strong community bonds and neighborly vigilance as key factors.