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HELLOCONDO BUYER'S BRIEF

Condos in Elysian Valley Los Angeles, CA

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What to know

  • Elysian Valley is home to a diverse demographic with a significant portion of residents in the 40 to 44 age group, earning up to $78,917, making it an appealing area for those seeking stability and community.
  • The largest demographic of Elysian Valley consists of residents aged 40 to 44, with incomes reaching up to $78,917.

Market Overview

AVG. DAYS ON MARKET
73
Trending Up80.25% year over year
AVG. SOLD PRICE
$613,000
Trending Down32.45% year over year

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Frequently Asked Questions

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

Living in Elysian Valley provides a unique blend of urban and natural environments, with proximity to the Los Angeles River and various parks. The neighborhood features a tight-knit community, artistic vibe, and a mix of residential and industrial spaces. It's ideal for those seeking a quieter lifestyle while remaining close to downtown Los Angeles.

Is Elysian Valley, Los Angeles, CA expensive?

Elysian Valley is generally more affordable compared to many other neighborhoods in Los Angeles, though housing prices have been increasing due to its growing popularity. Average home prices and rental rates remain lower than more established areas like Silver Lake and Echo Park, making it attractive to those seeking a balance of cost and urban living.

What is the weather of Elysian Valley, Los Angeles, CA?

Elysian Valley has a Mediterranean climate characterized by mild, wet winters and hot, dry summers. Average high temperatures range from the mid-60s°F in winter to the high 80s°F in summer. Rainfall primarily occurs between November and March.

How safe is Elysian Valley, Los Angeles, CA?

Elysian Valley has a crime rate that is generally lower than the Los Angeles city average, but it can fluctuate based on specific incidents. It is advisable for residents to stay aware of their surroundings and be mindful of safety practices typical of urban environments.