What are the community statistics near Pasadena City College?...

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Real Estate Agent with Berkshire Hathaway HomeServices 01238708
https://activerain.com/droplet/5hVg

I have been working with an out of area Investor and she was focused on Los Angeles, but then decided to investigate other pockets. Now with that said, she wanted to know the following question:  What are the community statistics near Pasadena City College?

 Chart2

Needless to say I thought hard before I addressed the question, but when I did I thought this would be a great Blog Post for others who might be interested in the same question. So with that said let's look at some of the answers:

Chart3

 

I was amazed to see that the age group within a mile from the City College is not mostly in the late teens and early twenties. Does that mean more College Students are commuting from other locations? Clearly an intersting question is raised. Now this inspired me to look at what the demographics look like near USC and UCLA for future posts.

Chart7

Noq looking at the incomes of the residents made me wonder and got a good explanation of why there is such a large rental population. So with that said, if you are an investor this is a great area to buy some investment properties and rent them out.

 

If you are looking for a knowledgeable, focused and goal-oriented Realtor in the Beverly Hills area who will help you achieve your Real Estate goals, please reach out to me directly!

If you are looking for a pet friendly Beverly Hills Realtor who can handle and sell the most difficult properties that no one else could, please reach out to me directly!! If you are considering buying or selling a home, a luxury home, luxury investment real estate, luxury vacation homes, or luxury beach properties in Southern California, Los Angeles, Century City, Westwood, West Hollywood, Beverly Hills, Marina Del Rey, Venice or Malibu, feel free to contact me at 310.486.1002 (m) or homes@endrebarath.com or visit one of my websites at https://www.endrebarath.com  I contribute a portion of my commission to local animal rescue organizations.

 

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Rainmaker
656,609
Lauren Selinsky Broker CRS
California Coastal Estates - Aliso Viejo, CA
"Your Real Estate Broker" #oclauren

I was surprised to see the high percentage of rentals. 

Lauren Selinsky

Apr 06, 2019 11:29 PM #1
Rainmaker
3,174,073
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lauren Selinsky Broker CRS  me too, I was not expecting that much but, I get it since there are two colleges nearby and the median price of a Single Family is around $1.3 million this forces more renters to continue to rent...

Apr 06, 2019 11:34 PM #2
Rainmaker
3,122,593
Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400
The Top Team @ Charles Rutenberg Realty 255 Executive Dr, Plainview NY 11803 - Plainview, NY
Long Island Home and Condo Specialists

Yes Endre, this does seem like a smart investment for an investor. College students are always looking for apartments near-by to rent!

Apr 07, 2019 04:40 AM #3
Rainmaker
3,238,815
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hello Endre - our clients questions can lead to many discoveries. 

Apr 07, 2019 05:20 AM #4
Rainmaker
5,262,269
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

This is great information to share with families on the move.

Have a most productive April.

Apr 07, 2019 09:20 AM #5
Rainmaker
3,174,073
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Lawrence "Larry" & Sheila Agranoff. Cell: 631-805-4400  I seldom focus on this part of Los Angeles, due to the client asking I had to do some research and hence these statistics showed up. Endre

Apr 07, 2019 06:41 PM #6
Rainmaker
3,174,073
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Michael Jacobs  I suspect she will end up focusing on Mid City area of Los Angeles, but one never knows, Endre

Apr 07, 2019 06:42 PM #7
Ambassador
3,183,831
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Looks like the communities near Pasadena City College are wonderful for parents to find rentals for their students - beats dorm rooms, I suppose!

Great report, Endre!

Apr 07, 2019 08:59 PM #8
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Endre Barath, Jr.

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