Mission Hills, CA

With 3,898,747 people, 1,402,522 houses or apartments, and a median cost of homes of $860,956, real estate costs in Mission Hills homes for sale are among some of the highest in the nation, although house prices here don’t compare to real estate prices in the most expensive California communities.

Large apartment complexes or high rise apartments are the single most common housing type in Mission Hills, accounting for 47.06% of the city’s housing units. Other types of housing that are prevalent inMission Hills include single-family detached homes ( 37.54%), duplexes, homes converted to apartments or other small apartment buildings ( 8.98%), and a few row houses and other attached homes ( 5.73%). Cities that are predominantly high-density buildings are relatively uncommon in the US. Because of the density, these types of cities are often walkable and compact, and often have a lively downtown.

People in Mission Hills primarily live in small (one, two or no bedroom) units, chiefly found in large apartment complexes or high rise apartments. Mission Hills has a mixture of owner-occupied and renter-occupied housing.

At the end of World War II, American soldiers returned home triumphant and, with the help of the GI Bill, built homes by the millions on the edges of America’s cities. These homes were predominantly capes and ranches, modest in size, but built to house a growing middle-class as the 20th century became the American century. Mission Hills housing was primarily built during this period, from the ’40s through the ’60s. A full 40.61% of the city’s housing hails from this era. Other housing ages represented in Los Angeles include homes built between 1970-1999 ( 30.24%) and housing constructed before 1939 ( 19.78%). There’s also some housing in Mission Hills built between 2000 and later ( 9.37%).

In the last 10 years, Los Angeles has experienced some of the highest home appreciation rates of any community in the nation.

Credit Goes To:  https://www.neighborhoodscout.com/ca/los-angeles/real-estate#description