Pico Rivera Homes & Real Estate

Pico Rivera Neighborhood Homes

Located in the southeastern portion of Los Angeles County is the city of Pico Rivera. This small community is one that homebuyers may wish to look closely at for its location. It is just 11 miles to the southeast of Downtown Los Angeles. This makes it a desirable area for those who need to commute into the larger city for school or work needs. With a competitive real estate market, Pico Rivera has much to offer today’s buyers.

A few key factors make Pico Rivera one of the ideal communities near Downtown Los Angeles in terms of real estate. The community remains rather affordable. The median sale price of a home in this city as of February of 2017 was $432,000. By comparison, in February of 2016, home values were 9 percent less. The average price per square foot is at $357. This is about an 11 percent increase from the same timeframe in 2016. These increasing home sales values indicate just how valuable this area is to homebuyers. In the previous four months, 77 homes sold in Pico Rivera.

As of February of 2017, about 51 homes are on the market for sale. Though this is a moderately sized community, the inventory is minimal in some situations. It is likely that homes listed for sale will increase in the spring months, providing new opportunities for homebuyers.

The area does have moderately high rental rates. As of February of 2017, the median rent per month was $2400. This has risen about 2 percent in the last year. These higher rates can make it a bit easier for individuals to see the value in purchasing a home here.

When it comes to what types of homes are available, a number of options exist. The community is mostly single family homes, though various apartment complexes and townhomes exist here as well. Homes dot the landscape with a range of neighborhood settings. Most of the homes here are about 1100 to 1600 square feet. Many are ranches or bungalows, though some other options are available as well.

Pico Rivera Community Amenities

The city of Pico Rivera is an important one with numerous economic industries. It is near the Ports of Long Beach and Los Angeles. It is also a short distance from the Los Angeles International Airport. As home to nearly 63,000 people, many of them work in these areas. The city, which spans about 9 miles, is also a prominent residential community with numerous smaller neighborhoods.

The community is also home to nine parks including Pico Park and Rivera Park. The community has numerous athletic fields as well. There is a nine-hole golf course, an aquatic center, and a skatepark as well. On the north side of town is Pico Rivera Sports Arena, one of the most important locations in the area for events and concerts. And, there’s a mixture of shopping and dining spread throughout the community.

• The community has over 120 acres of land dedicated to recreation, a high number for the region.
• The Pico Rivera Municipal Golf Course was built in 1965 and remains operational.
• The Pico Rivera Center is a local senior center with numerous programs throughout the year.
• Commuting along I-605 is an option for many residents who need to commute throughout the state.
• Top employers in the community include the school district, Wal-Mart, the City, and BakeMark USA.

With a moderate number of homes for sale and affordable home prices for the region, Pico Rivera has plenty to offer today’s homebuyer. More so, homeowners can expect values of homes to potentially increase in the coming years, making this area a particularly good option for those looking to buy a home near Los Angeles.

Pico Rivera Neighborhood Schools

The city of Pico Rivera is served by the Montebello Unified School District and El Rancho Unified School District. The community is also home to the Armenian Mesrobian School, a private school.

Pico Rivera Information Resources

• City of Pico Rivera
• Pico Rivera Chamber of Commerce
• Pico Rivera Wikipedia
• Pico Rivera City-Data.com