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The homeowner vacancy rate was 0.8%; the rental vacancy rate was 5.3%. 85,308 people (58.7% of the population) lived in owner-occupied housing units, and 58,984 people (40.6%) lived in rental housing units. As of March 2019, Torrance had a median household income of $85,070 and a median family income of $102,637. [36]
Bel Air (or Bel-Air) [fn 1] is a residential neighborhood on the Los Angeles Westside, in the foothills of the Santa Monica Mountains in the U.S. state of California.. Together with Beverly Hills and Holmby Hills, Bel Air forms the Platinum Triangle of Los Angeles neighborhoods. [4]
American Homes 4 Rent, doing business as AMH, is a real estate investment trust based in Las Vegas, Nevada, that invests in single-family rental homes.As of December 31, 2019, the company owned 52,552 homes in 22 states.
Westchester began the 20th century as an agricultural area, growing a wide variety of crops in the dry, farming-friendly climate. The rapid development of the aerospace industry near Mines Field (as the Los Angeles Airport was then known), the move of then Loyola University to the area in 1928, and population growth in Los Angeles as a whole created a demand for housing in the area.
The homeowner vacancy rate was 1.3%; the rental vacancy rate was 4.6%. 28,585 people (48.6% of the population) lived in owner-occupied housing units and 29,450 people (50.1%) lived in rental housing units. During 2009–2013, Gardena had a median household income of $48,251, with 15.5% of the population living below the federal poverty line. [22]
Los Angeles, [a] often referred to by its initials L.A., is the most populous city in the U.S. state of California.With an estimated 3,820,914 residents within the city limits as of 2023, [8] it is the second-most populous city in the United States, behind only New York City; it is also the commercial, financial and cultural center of Southern California.