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Lake View Terrace, Los Angeles, CA—91345

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$805,000
1.9% YoY Growth
Household Income
$96,300
26.8% YoY Growth
Days on Market
52
12.0% Longer YoY
Home Price Forecast
0.6%
Median Rent
$3,500
5.0% YoY Growth
1-Bed Rent
$1,840
4.0% YoY Growth
2-Bed Rent
$3,100
22.1% YoY Growth
3-Bed Rent
$3,650
12.6% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Lake View Terrace, Los Angeles, CA

As of Dec '25, the median home price in Lake View Terrace, Los Angeles, CA is $805,000, with a year-over-year change of -1.9%. This indicates that home prices in Lake View Terrace, 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 TypeMedian Home ValueYoY % Change
All Homes
$805,000-1.9%
Single Family $810,000-2.4%
Condos $491,000-2.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$654,000-2.8%
    3 Bed
    		$800,000-2.2%
    4 Bed
    		$848,000-2.3%
    5 Bed $931,555-1.3%
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    % of Housing Stock

    Studio
    6.0%
    1 Bedroom
    5.9%
    2 Bedrooms
    20.3%
    3 Bedrooms
    48.6%
    4 Bedrooms
    16.9%
    5+ Bedrooms
    2.2%

    Rental Trends — Lake View Terrace, Los Angeles, CA

    As of July '25, Rentcast reports the average rent in Lake View Terrace, Los Angeles, CA is $3,330, with a year-over-year rent change of 5.0%. Per bedroom, the median rent as of July '25 in Lake View Terrace, Los Angeles, CA is studios: $1,550, 1-bedrooms: $1,920, 2-bedrooms: $2,920, 3-bedrooms: $3,690, 4-bedrooms: $4,400. The most common rental property sizes in Lake View Terrace, Los Angeles, CA are 3-bedroom and 2-bedroom, accounting for 29.8% and 28.4% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$3,500$3,330
    Studio Rent $1,500$1,550
    1 Bed Rent $1,840$1,920
    2 Bed Rent $3,100$2,920
    3 Bed Rent $3,650$3,690
    4 Bed Rent $4,300$4,400
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    % of Rental Stock

    Studio
    16.9%
    1 Bedroom
    20.1%
    2 Bedrooms
    28.4%
    3 Bedrooms
    29.8%
    4 Bedrooms
    4.8%

    Property Listings — Lake View Terrace, Los Angeles, CA

    As of Dec '25, Realtor.com reports that the median days on market for a home in Lake View Terrace, Los Angeles, CA is 51. This is a increase of 46.0% 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 17.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$922,000-2.0%
    Listing Count
    		2238.0%
    Listings as % of Homes0.3%38.0%
    Days on Market
    		5212.0%
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    Demographics — Lake View Terrace, Los Angeles, CA

    As of the latest ACS Survey released in 2023, Lake View Terrace, Los Angeles, CA has a population of 18,300, which has decreased by -4.8% over the past 5 years. Lake View Terrace, Los Angeles, CA is a moderately popular place for families, as children make up 17.1% of the population. The area has a poorly educated workforce, with 21.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.0% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		18,300-4.8%
    % Under 18
    		17.1%-20.1%
    % Seniors
    		18.8%24.5%
    % WFH
    		9.0%200.0%
    % w/ College Degree
    		21.4%12.6%
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    As of the latest ACS Survey released in 2023, Lake View Terrace, Los Angeles, CA is a predominantly hispanic area, with 66.0% of the population identifying as hispanic. The hispanic population has grown by 0.9% in the last 5 years. The second most common race or ethnicity in Lake View Terrace, Los Angeles, CA is white, making up 18.4% of the population. Foreign-born residents account for 38.7% of the population in Lake View Terrace, Los Angeles, CA, and this percentage has increased by 1.6% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		18.4%-3.2%
    % Black
    		2.7%35.0%
    % Hispanic
    		66.0%0.9%
    % Asian
    		11.5%5.5%
    % Foreign Born
    		38.7%1.6%
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    Mortgage and Risk — Lake View Terrace, Los Angeles, CA

    According to HUD data as of 2023, there were 169 mortgage originations in Lake View Terrace, Los Angeles, CA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Lake View Terrace, Los Angeles, CA. Investor activity is low, as 5.0% of loans were by investors. 18.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		169
    % Conventional Loans
    		83.0%
    % Government Loans
    		17.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		18.0%
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    Rentals and Section 8 — Lake View Terrace, Los Angeles, CA

    As of 2024, the percent of homes in Lake View Terrace, Los Angeles, CA under the Section 8 program is 5.7%. 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. 1-bedroom units appear to be good home sizes to consider for Section 8 housing in Lake View Terrace, Los Angeles, CA, because HUD payments exceed market rent, while 2-bedroom and 3-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		89
    Total Units Section 8
    		89
    % Rentals under Section 8
    		5.7%
    % Occupied Section 8
    		83.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$400$1,840$2,240
    2 Bedroom-$280$3,100$2,820
    3 Bedroom-$70$3,650$3,580
    4 Bedroom-$330$4,300$3,970

    Affordability — Lake View Terrace, Los Angeles, CA

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio7.9
    Median Home Price$805,000
    Median Household Income$96,300

    Lake View Terrace, Los Angeles, CA — ZIP Code Boundary Map

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    Nearby ZIP Codes

    San Fernando, CA

    91340

    Sylmar South, Los Angeles, CA

    91343

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    91331

    Canoga Park, Los Angeles, CA

    91402

    North Hills Northwest, Los Angeles, CA

    91344

    Frequently Asked Questions