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    AI-Generated Neighborhood Summary

    Location Characteristics

    Porter St in Los Angeles, CA 90021 is situated in the downtown area, often associated with the Arts District. This region has transformed significantly over the years, with developments focusing on arts, culture, and dining establishments. The Arts District offers a vibrant urban lifestyle with galleries, boutique shops, and trendy restaurants.

    Local Amenities and Education

    The area provides access to various amenities, including parks like the Los Angeles State Historic Park and recreation centers. Schools nearby are part of the Los Angeles Unified School District, which has a range of ratings depending on the specific institution. Grocery options include markets like Whole Foods and local shops. Nearby tourist attractions include the Museum of Contemporary Art and Grand Central Market. Average household income varies, with some areas showing a mix of lower to middle-income levels due to the city's diverse economic landscape.

    Crime Rate and Job Growth

    Downtown areas might have higher crime rates compared to suburban neighborhoods, with property crime and theft being common concerns. However, these areas also experience increased security and community policing efforts. The job market in the Arts District has been growing, with opportunities in creative industries, tech startups, and hospitality due to the area's revitalization efforts.

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    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $895,800

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $123,947
    Nat'l Avg: $69,021

    Percent Under Poverty

    4%
    Nat'l Avg: 12%

    Median Contract Rent

    $2,205
    Nat'l Avg: $988

    Owners vs Renters

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    Vacant Housing Units

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    Unemployment Rate

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    College Degree

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    Dominant Race

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    Married-Couple Families

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    Owners Without Morgages

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    Mortgage ≥ 30% Income

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    Rent ≥ 30% Income

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    Non-US Citizens

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    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Arts District Park

    0.5 miles

    Los Angeles County-USC Medical Center

    3.2 miles

    Smart & Final Extra!

    0.8 miles

    Bestia

    0.7 miles

    Gold's Gym Los Angeles

    2.0 miles

    Los Angeles International Airport

    LAX

    Ninth Street Elementary School

    1.2 miles

    The Broad Museum

    2.0 miles

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The Arts District's median home sale price reached $876,000 in January 2025, marking a 92.5% increase from the previous year.
    Over 30 new food and beverage establishments opened in Downtown Los Angeles in 2024, contributing to a total of over 125 new operators since 2021.
    The Colburn School began construction on a $335-million expansion in 2024, including a new concert hall designed by Frank Gehry, set for completion in 2027.
    The Downtown Community Plan, expected to be approved in early 2025, aims to increase residential development capacity and encourage higher density in the area. These developments highlight the Arts District's rapid growth and its emergence as a vibrant cultural and residential hub.

    Custom Narratives

    The median home sold price in the Arts District was $737,000 in February 2025, reflecting a 19% decrease from the previous year.
    The median listing home price in the Historic Cultural neighborhood was $812,500 in December 2024, trending down 5.3% year-over-year.
    The area has a low owner-occupancy rate of 6.8%, with a median household income of $85,510 and a median age of 40.
    The neighborhood is characterized by a mix of small businesses, restaurants, bars, and shops, with proximity to downtown Los Angeles and cultural landmarks. These insights provide a comprehensive overview of the current market trends and community attributes for 2346 Porter St, Los Angeles, CA 90021.

    Green Flags

    Close proximity to downtown Los Angeles
    Access to vibrant art district
    Variety of dining and entertainment options
    Excellent public transport connectivity

    Red Flags

    Noise from nearby downtown
    Higher cost of living
    Limited parking availability
    Potential for heavy traffic
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

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    Historical Flooding

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