Lake View Terrace, Los Angeles, CA—91345
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lake View Terrace, Los Angeles, CA
As of Oct '25, the median home price in Lake View Terrace, Los Angeles, CA is $810,000, with a year-over-year change of -1.3%. This indicates that home prices in Lake View Terrace, Los Angeles, CA are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $810,000 | -1.3% |
| Single Family | $816,000 | -1.9% |
| Condos | $493,000 | -1.8% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $655,000 | -2.2% |
3 Bed | $805,000 | -1.7% |
4 Bed | $855,000 | -1.7% |
| 5 Bed | $946,000 | -0.7% |
% of Housing Stock
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.
| Type | Median Rent | Average 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 |
% of Rental Stock
Property Listings — Lake View Terrace, Los Angeles, CA
As of Oct '25, Realtor.com reports that the median days on market for a home in Lake View Terrace, Los Angeles, CA is 91. This is a increase of 52.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $910,000 | 5.0% |
Listing Count | 27 | 48.0% |
| Listings as % of Homes | 0.3% | 48.0% |
Days on Market | 91 | 52.0% |
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.
| Metric | Latest Census | YoY % 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% |
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
| Metric | Latest Census | 5-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% |
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
| Metric | Zip 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% |
Loan Activity
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 Size | HUD Premium | Market Rent | Max 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
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8 |
| Median Home Price | $810,000 |
| Median Household Income | $96,300 |