$243,281Average Value$185Average Price per Sq Ft2Homes For Sale
Small steps lead to positive change in South Los Altos
Part of Albuquerque's International District, South Los Altos is a small residential neighborhood undergoing positive change. As the city and local communities push to bring new life to the district's neighborhoods, residents see the homes and streets being transformed with renovation and care. "The International District is definitely experiencing some revitalization. It wasn't always the greatest in terms of crime, but it has its upsides," says Racquel Gurule, a Realtor with Keller Williams, who's lived in Albuquerque for 25 years. "Neighborhoods like South Los Altos have some of the city's most affordable housing, plus you're near the heart of the city and awesome restaurants."
Constant renovation of midcentury homes
Narrow sidewalks run past pebbled lawns and fenced front yards, and sparse native New Mexico trees and cacti dot the landscape. Midcentury ranch-style homes and Pueblo Revival styles are most common in South Los Altos, typically selling for $200,000 to $280,000; the price depends largely on whether a property's been renovated. "The city has a first-time homebuyer program that encourages people to buy these older houses and fix them up, and in return, they'll help finance it. It really drops the mortgage," Gurule says. "There are a lot of flips happening in the area, and you're seeing more homes getting the maintenance they need."
Close to large retail chains and locally owned restaurants
Towne Park Plaza, just off Eubank Boulevard on the neighborhood's east side, houses several big-box stores such as Sam's Club, Walmart and PetSmart. It's one of several retail areas that run up the boulevard, making errands quick and easy for residents. A diverse selection of local restaurants is clustered on the south side, dotting the blocks around Central Avenue. Locals head out for Southern-style brunch at Vick's Vittles, pick up tortas from La Loteria and meet friends for ale flights and burgers at Bombs Away Beer Company.
Year-round events at the fairgrounds
South Los Altos is 3 miles from Expo New Mexico and the Albuquerque Fairgrounds, which host practically all city events. "If there's entertainment coming into the city, they'll probably head to the fairgrounds area," Gurule says. "The state fair is held there every year, and the Expo has professional bull riding, Monster Jam, flea markets — just a ton of stuff."
Diverse student populations and one school that has appeared in movies and TV shows
South Los Altos is served by Albuquerque Public Schools, which receives a B-plus on Niche. Hawthorne Elementary School, located within the community, gets a C-plus. Kids can move on to Hayes Middle School, which receives a C, before heading to B-rated Highland High School. Highland High is ranked in the top 100 of New Mexico's best public high schools and is well-known for its diverse student body, hosting many international students each year. It also appears as a setting in several popular movies and TV shows, including "Breaking Bad" and the superhero film "Logan."
Tee time, tennis courts and swim lanes nearby
Next to South Los Altos is the Los Altos Golf Course, which opened in 1960 and is Albuquerque's oldest course. It's open to the public, featuring both an 18-hole course and a 9-hole executive course designed for golfers with limited time to play. A pedestrian bridge from the Los Altos Golf Course crosses Interstate 40 and connects to Los Altos Park. At 32 acres, this city green space features a wide variety of recreation, from its tennis courts and sports fields to a playground, indoor pool and connecting skate park.
Taking RapidRide into the city and other Albuquerque transportation
The neighborhood is bordered by U.S. Route 66, also called Central Avenue in Albuquerque, and connects to Interstate 40. "The area has a ton of RapidRide bus stops, so there's great access to the city," Gurule says. Albuquerque International Sunport, 6 miles southwest, is served by several commercial airlines. The closest medical care is at Presbyterian Kaseman Hospital, 2 miles away near the interstate.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Transit
Airport
Albuquerque International Sunport
17 min drive
Bus
Central & Gen Bradley
Bus
Central & Erbbe
Bus
Central & Conchas
Bus
Central & General Chennault
Bus
Eubank & Copper
Bus
Central & Garcia
Bus
Eubank & Central
Crime and Safety
1 - Low Crime, 10 - High Crime
South Los Altos
US
Homicide
7
4
Sexual Assault
6
4
Assault with Weapon
7
4
Robbery
7
4
Burglary
7
4
Motor Vehicle Theft
6
4
Larceny
6
4
Crime Score
7
4
Source: WhatIsMyCrimeRisk.com
Demographics and Home Trends
On average, homes in South Los Altos, Albuquerque sell after 44 days on the market compared to the national average of 47 days. The average sale price for homes in South Los Altos, Albuquerque over the last 12 months is $240,374, up 1% from the average home sale price over the previous 12 months.
Each of the units are two bedroom one bathroom units in a two up, two down format that include an onsite laundry that is leased from CSC.At the current average rents of $925, and an ask price of $437,668 the measures of investment performance include a price per unit of $109,417, price per square foot of $136.77, a GRM of 9.86, an after reserves cap rate of 6.54%.If rents are raised to the market
Welcome home! Courtyard entry. Two living areas, great for entertaining. Lots of counter space and nice open flow to dining area. 1 full bath, with an additional bonus shower and sink in 2nd bedroom. 1 car carport. Very nice large backyard!! Very low maintenance. Summer around the corner this backyard would be great for entertaining!! Comfortable and easy flowing floor plan. Just south of Los
Charming 3-Bed, 2-Bath Home in the Northeast Heights Look no further--this beautiful home has everything you need! Featuring a spacious custom kitchen, two inviting living areas, and a newly landscaped backyard, this property is perfect for comfortable living. The second living area offers flexibility and can be used as a home office, gym, homeschooling space, playroom, or whatever suits your
To register and schedule a self-access tour, please click on this link: https://app.tenantturner.com/qualify/143-general-arnold-street-ne-1Welcome to our recently renovated ground level apartment in Albuquerque, NM! This cozy 1 bedroom, 1 bathroom unit features wood laminate flooring throughout, a refrigerator, and gas stove for all your cooking needs. The added security door provides peace of
YOU DON'T WANT TO MISS OUT 1 bedroom 1 bathroom apartment.Open floorplan with dining area off the kitchen. Kitchen features a modern tiled backsplash. Bathroom newly renovated with updated fixtures. 12 Month leasePLUS: Security Gate with key and parking lot. Laundromat on the block!This apartment is located off of Lomas and I-40!
Large parcel of land on Wyoming Blvd. UPC# 102005701208130718UPC# 102005701209730717UPC# 102005701210730716UPC# 102005701211730714UPC# 102005702309230707
Interested in learning more about homes in this area?
Reach out to
Russell Payson,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has Equal Renters and Owners
Demographics
Total Population
3,543
Median Age
38
Population under 18
24.2%
On par with the national average
23.8%
Population over 65
16.7%
On par with the national average
19.1%
Finances
Median Household Income
$45,894
Significantly below the national average
$71,702
Average Household Income
$54,324
Education and Workforce
High School Graduates
85.1%
College Graduates
13.2%
Below the national average
34.1%
Advanced Degrees
3.7%
Below the national average
13.3%
% Population in Labor Force
66.7%
Weather
Annual Precipitation
8''
Average Winter Low Temperature
27°F
Average Summer High Temperature
91°F
Annual Snowfall
4''
Area Factors
Bikeable
Bike Score®
51/ 100
Car-Dependent
Walk Score®
48/ 100
Some Transit
Transit Score®
38/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
