San Marino, Los Angeles, CA—91040
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — San Marino, Los Angeles, CA
As of Oct '25, the median home price in San Marino, Los Angeles, CA is $898,000, with a year-over-year change of -1.3%. This indicates that home prices in San Marino, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $898,000 | -1.3% |
| Single Family | $908,000 | -1.6% |
| Condos | $570,000 | -2.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $589,000 | -4.5% |
2 Bed | $745,000 | -2.4% |
3 Bed | $895,000 | -1.6% |
4 Bed | $1,126,000 | -0.9% |
| 5 Bed | $1,460,000 | -0.5% |
% of Housing Stock
Rental Trends — San Marino, Los Angeles, CA
As of July '25, Rentcast reports the average rent in San Marino, Los Angeles, CA is $3,690, with a year-over-year rent change of 7.6%. Per bedroom, the median rent as of July '25 in San Marino, Los Angeles, CA is studios: $1,670, 1-bedrooms: $1,940, 2-bedrooms: $3,070, 3-bedrooms: $4,600, 4-bedrooms: $6,410. The most common rental property sizes in San Marino, Los Angeles, CA are 2-bedroom and 3-bedroom, accounting for 37.4% and 25.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,400 | $3,690 |
| Studio Rent | $1,650 | $1,670 |
| 1 Bed Rent | $2,000 | $1,940 |
| 2 Bed Rent | $3,000 | $3,070 |
| 3 Bed Rent | $4,300 | $4,600 |
| 4 Bed Rent | $6,500 | $6,410 |
% of Rental Stock
Property Listings — San Marino, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in San Marino, Los Angeles, CA is 57. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 12.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $936,000 | -6.0% |
Listing Count | 50 | 17.0% |
| Listings as % of Homes | 0.5% | 17.0% |
Days on Market | 57 | 28.0% |
Demographics — San Marino, Los Angeles, CA
As of the latest ACS Survey released in 2023, San Marino, Los Angeles, CA has a population of 21,400, which has increased by 6.1% over the past 5 years. San Marino, Los Angeles, CA is a moderately popular place for families, as children make up 18.8% of the population. The area has a moderately educated workforce, with 31.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,400 | 6.1% |
% Under 18 | 18.8% | 13.3% |
% Seniors | 20.7% | 3.5% |
% WFH | 17.9% | 203.4% |
% w/ College Degree | 31.4% | -3.7% |
As of the latest ACS Survey released in 2023, San Marino, Los Angeles, CA is a predominantly white area, with 61.1% of the population identifying as white. The white population has shrunk by 3.5% in the last 5 years. The second most common race or ethnicity in San Marino, Los Angeles, CA is hispanic, making up 22.2% of the population. Foreign-born residents account for 31.6% of the population in San Marino, Los Angeles, CA, and this percentage has decreased by 3.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 61.1% | -3.5% |
% Black | 3.5% | 218.2% |
% Hispanic | 22.2% | -1.3% |
% Asian | 8.8% | -19.3% |
% Foreign Born | 31.6% | -3.1% |
Mortgage and Risk — San Marino, Los Angeles, CA
According to HUD data as of 2023, there were 282 mortgage originations in San Marino, Los Angeles, CA, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 52.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in San Marino, Los Angeles, CA. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 282 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — San Marino, Los Angeles, CA
As of 2024, the percent of homes in San Marino, Los Angeles, CA under the Section 8 program is 6.2%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In San Marino, Los Angeles, CA, none of the tracked home sizes currently have HUD payment amounts above market rent, suggesting limited Section 8 opportunity.
Section 8 Market Size
Total Units under HUD | 159 |
Total Units Section 8 | 159 |
% Rentals under Section 8 | 6.2% |
% Occupied Section 8 | 90.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $2,000 | $1,990 |
| 2 Bedroom | -$490 | $3,000 | $2,510 |
| 3 Bedroom | -$1,110 | $4,300 | $3,190 |
| 4 Bedroom | -$2,960 | $6,500 | $3,540 |
Affordability — San Marino, Los Angeles, CA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.1 |
| Median Home Price | $898,000 |
| Median Household Income | $105,000 |