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Foreclosure Homes in East Los Angeles, CA

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Home Value Estimator For East Los Angeles, CA

There are currently 65 real estate properties in East Los Angeles, CA, with a median automated valuation model (AVM) price of $638,500.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in East Los Angeles, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in East Los Angeles, CA, is $670,058.00, with the most expensive house in East Los Angeles, CA, topping out at $1,406,900.00 and the cheapest home in East Los Angeles, CA, clocking in at $340,000.00. In other words, there’s something for every potential homebuyer or savvy investor in East Los Angeles, CA!


Rent Prices In East Los Angeles, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in East Los Angeles, CA, is on a rollercoaster ride. The average rent price in East Los Angeles, CA, is $2,046.00. Indeed, when looking to rent in East Los Angeles, CA, you can expect to pay as little as $1,520.00 or as much as $2,620.00, with the average rent median estimated to be $2,050.00. The good news is that finding an affordable and desirable property to rent in East Los Angeles, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in East Los Angeles, CA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the East Los Angeles, CA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in East Los Angeles, CA and much more. Save thousands at closing with home foreclosure listings in East Los Angeles, CA — up to 75% off market value!


Top Reasons To Live In East Los Angeles, CA In 2021

East Los Angeles is located in Los Angeles, California, with an estimated municipal population of 121,187 residents. All of the best foreclosed homes for sale in East Los Angeles are located in the following zip code areas on Foreclosure.com: 90063 90022 90023. The estimated population per square kilometer (.62 miles) in East Los Angeles is 6,282.


Cost Of Living In East Los Angeles, CA

So, about how much do homes cost in East Los Angeles? The most recent median value of resident-owned homes in East Los Angeles is 415,401. An estimated 34 percent of households in East Los Angeles own their homes, with an average family size of 4.24. The median household income in East Los Angeles is 46,082, with15.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in East Los Angeles, the median commute time of resident workers (in minutes) is 30.2. And last, but certainly not least, are you looking for homes to rent in East Los Angeles? If so, the average rent price paid by renters in East Los Angeles is 1,134, according to recent statistics.


Diversity And Demographics In East Los Angeles, California

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to East Los Angeles, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in East Los Angeles is 32.1, split between 49.6 percent male versus 50.4 female. The percentage of residents who report being married in East Los Angeles is 40.7, with an average family size of 4.24.

The percentage of residents who report their race in East Los Angeles is as follows:

White 46.1%
Black / African American 0.5%
Asian 1.2%
American Indian / Alaskan Native 0.7%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 1.6%
Other 49.9%

Looking for family-friendly neighborhoods in and/or near East Los Angeles? Or maybe you are searching for 55+ active adult communities in and/or near East Los Angeles?

The percentage of residents who report their age in East Los Angeles is as follows:

Under 10 14.3%
Aged 10-19 15.8%
20s 16.2%
30s 15%
40s 12.7%
50s 10.9%
60s 8.2%
70s 4.2%
80+ 2.6%

Best Schools In East Los Angeles, California

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in East Los Angeles with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in East Los Angeles.


Pros And Cons Of Living In East Los Angeles, California

How do you know that living in -- or moving to -- East Los Angeles is right where you need to be? Perhaps you grew up in East Los Angeles or already live nearby; therefore, the decision to buy a home in East Los Angeles is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to East Los Angeles for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in East Los Angeles:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like East Los Angeles.


Reasons To Move To East Los Angeles, California, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in East Los Angeles can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in East Los Angeles, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in East Los Angeles, CA

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