San Marino is a city located in Los Angeles County. It was incorporated in 1913 and is an upscale, residential area known for its large, historic homes and well-manicured gardens. The city is located in the San Gabriel Valley, about 7 miles northeast of downtown Los Angeles.
The real estate market in San Marino is considered to be one of the most expensive in the country, with a median home price that is well above the national average. Homes in the area typically range from multi-million dollar estates to more modest, but still high-priced, single-family homes. The demand for housing in San Marino has remained strong in recent years, with relatively low inventory levels driving up prices. This is mostly due to its reputation as a prestigious and desirable place to live, with excellent schools, a low crime rate, and a strong sense of community. However, like other markets, the real estate market in San Marino has been impacted by various economic and political factors, such as interest rates and changes in tax laws.
Overall, San Marino is considered to be a highly sought-after location for luxury real estate, attracting homebuyers who are looking for a combination of upscale living and close proximity to the amenities of a large city.
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We here at LA Home Appraisal, are Certified Residential Appraisers with over 2 decades of experience in the Los Angeles County market. There is not a single area within this region that we have not appraised. We understand the vastness and complexities of each neighborhood and the importance of local knowledge in providing you with an accurate home appraisal.
