Make no mistake. Homes in Pasadena, CA are in demand; especially homes in Linda Vista.
Linda Vista is considered one of the wealthiest and largest neighborhoods in Pasadena.
Linda Vista is a suburban neighborhood located in the northwest corner of Pasadena.
This area of land sits on a slope between the Arroyo Seco and the San Rafael Hills.
Most of the homes in Linda Vista are unique contemporary and classical styles that have beautiful yards with rolling hills.
Many families call Linda Vista home; in fact, almost 70% of the population in Linda Vista is married and 63% of the population is over 44 years of age. The average monthly rental price is $3,649, which is higher than 99.5% of the neighborhoods in California.2 The majority of these houses are medium sized to large family homes. Medium sized family homes are generally 3-4 bedrooms while large homes are 4+ bedrooms. These houses were built between 1940 and 1969 and are mostly owner occupied. It can be hard to obtain property in Linda Vista because the current vacancy rate is only 1.8%, which is lower than 93% of all neighborhoods in the United States. 2
There are several reasons why housing in Linda Vista is at a high demand. Linda Vista is a popular neighborhood because of its close proximity to the Rose Bowl. The Rose Bowl is an attractive area that holds family friendly special events, unique flea markets, and sporting activities throughout the year. Families with high incomes will thrive in this neighborhood. The neighborhood of Linda Vista is wealthier than 99.6% of other United States neighborhoods. 2 Even if the American economy is suffering, residents of Linda Vista are able to pull together and live comfortably in their pocket of wealth.
The residents of Linda Vista are exclusively characterized by their yearning to live well and often enjoy expensive wines with dinner, nights at the theatre, and window-shopping in Old Town Pasadena. Their cultural inclinations are supported by their high-end careers as educated executives and managers. This is a safe, enriching environment for retirees or raising a family. Statistics show that 46% of the residents in Linda Vista have been educated with at least a Master’s degree.2 There are many more residents with Ph.D.’s, law degrees or medical degrees. This is more degrees per neighborhood than 99.2% of United States neighborhoods.2 Linda Vista also has more same-sex couples than 98% of United States neighborhoods. 2
Linda Vista does have some apartments and row houses, but this neighborhood has more single-family homes than 99% of all American neighborhoods.2 Linda Vista is also unique because the rate of owner-occupied housing exceeds more than 97% of American neighborhoods.2 Linda Vista is a beautiful community that is designed for wealthy family or couples who are looking to live a luxurious life.
Neighborhood Scout, http://www.neighborhoodscout.com/ca/pasadena/linda-vista/#demographics, (accessed December 1, 2014).