Most neighborhoods include a variety of house ages, from new to old, but this one stands out owing to its concentration of residential real estate developed in a single time period: 1940 to 1969, which are typically regarded as older, well-established residences. This was a prolific period for home construction in the United States.
Furthermore, with a vacancy rate of only 0.8 percent, the Central Ave / Orchard St area has a lower vacancy rate than 95.6 percent of US communities, a highly exclusive group. Such a low vacancy rate may suggest very strong real estate demand in the community, along with certain obstacles to expanding supply, such as zoning or the current density of construction, among other possible explanations.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.