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HELLOCONDO BUYER'S BRIEF

2-Bedrooms Condos Under 500k in Florence Los Angeles, CA

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Star IconWhat to know
  • The Florence neighborhood features a vibrant demographic landscape, primarily populated by young adults aged 30 to 34. Individuals in this age group typically earn up to $48,622.
  • The largest demographic group consists of 30 to 34 year olds who generally have a household income of up to $48,622.

Market Overview

AVG. DAYS ON MARKET
4
AVG. SOLD PRICE
$490,000

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Frequently Asked Questions About Los Angeles, CA

What is it like to live in Florence, Los Angeles, CA?

Living in Florence offers a diverse community atmosphere with a mix of residential and industrial areas. The neighborhood features a variety of local businesses, schools, and parks, but it also faces challenges related to crime and economic development. Residents benefit from proximity to public transportation options, including the Metro Rail system.

Is Florence, Los Angeles, CA expensive?

Florence is generally more affordable compared to other neighborhoods in Los Angeles, but prices can vary. The cost of living reflects an urban environment with rising rental prices, particularly for newer developments. Housing options often include apartments and single-family homes, catering to a range of budgets.

What is the weather of Florence, Los Angeles, CA?

Florence experiences a Mediterranean climate characterized by mild, wet winters and warm, dry summers. Average high temperatures range from the mid-60s in winter to the low 80s in summer, while precipitation is most common between November and March.

How safe is Florence, Los Angeles, CA?

Florence has a higher crime rate compared to other neighborhoods in Los Angeles, particularly in terms of violent crime. Residents and visitors are advised to exercise caution, especially at night. Community initiatives are in place to improve safety, but localized issues persist.