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San Marino: Demand Continues to Outstrip Supply

San Marino real estate market with its affluent home buyers is suffering from the same lack of home inventory as Pasadena.  There was 50% less homes available for sale this July compared to last year.  And, the price per square foot increased 10.4% while an average price that home buyers need to pay went from $1,630,000 to $2,003,000.

Read More:  San Marino City Guide

Affluent buyers, both local and overseas, are bidding for the opportunity to live in one of the most desirable areas in San Gabriel valley.  With the #1 rated public schools in Southern California, close proximity to museums and parks, and next to shopping, fine restaurants, Caltech and more, San Marino home sellers are able to demand top prices for their homes.

So… what do you get for the $2,000,000 price tag?  Let’s take a look at a few recent solds in that range:

1541 Euston Road

Just half a block from Lacy Park and a few blocks from Huntington Library, this home offers the convenience of enjoying 4th of July celebrations, San Marino parade, strolls through the Huntington Botanical Gardens and being just minutes from South Lake District of Pasadena.

1541 East Euston San Marino

It’s 3 bedrooms, 3 bathrooms with 2,771 sq. ft. on a large lot with over 15,000 sq. ft.

Originally listed for $2,200,000.  It sold in 74 days to an all cash buyer.

1181 Old Mill Road

On the other side of Lacy Park next to the Old Mill, this was a very dramatic and unique estate with 5 bedrooms and 4 bathrooms situated on a 14,755 sq. ft. lot with over 3,400 interior living sq. ft.

1181 Old Mill Road San Marino

Originally listed for $1,990,000.  It sold over asking price at $2,030,000 in only 15 days.  This time with conventional financing.

1922 East California

A beautiful Mediterranean estate representative of California living.  This home is located next to Pasadena’s prestigious Caltech Institute world known for it’s physics and engineering brainiacs.  Locals love Caltech for its earthquake study and updates.  Offering 3 bedrooms and 4 baths, 1.5 stories and almost 4,000 sq.ft., this estate is also on an almost 15,000 sq. ft. lot.

1922 East California San Marino

Originally listed for $1,850,000.  Sold 10% over asking at $2,050,000 in 28 days.

READ MORE:  See all San Marino homes for sale

San Marino California Price Trends:

San Marino real estate market update July 2012


SEE ALL HOMES FOR SALE HERE!


Interested in more information about Pasadena and surrounding cities, check out our City Guides below:

Alhambra City Guide

Altadena City Guide

Arcadia City Guide

Eagle Rock City Guide

Monterey Hills City Guide

Pasadena City Guide

San Gabriel City Guide

San Marino City Guide

Sierra Madre City Guide

South Pasadena City Guide

And, if you are interested in fun activities to do in Pasadena, take a look at our 365 Things To Do in Pasadena® page.


Thinking of selling your San Marino or Pasadena home? Interested in finding out the current market value of your single family home, condo or investment property? Then call Irina Netchaev at (626) 629-8439 to discuss what is happening in today’s Pasadena Real Estate Market.


See all San Marino Homes that Recently SOLD:

Related Posts with Thumbnails

Other Local Properties

    $2,000,000 :: 531 San Marino Avenue, San Marino CA, 91108



    Property Photo

    4 beds, 3 baths
    Home size: 2,904 sq ft
    Lot Size: 6,765 sq ft
    Added: 09/21/22, Last Updated: 11/25/22
    Property Type: Single Family
    MLS Number: P1-11370
    Community: San Marino
    Status: Sold

    This traditional Colonial home is located on a quiet, tree-lined street in highly sought after San Marino. In close proximity to Huntington Library and Cal Tech, the home offers a prominent street presence. The floor plan is well designed for today’s lifestyle. Upon entry the eye is drawn along the front hallway which acts as a gallery, the perfect place to display treasured paintings. It leads to the great room with two distinct areas for living and dining. The seating area centers around the fireplace with raised hearth, flanked by two windows with window seats. The dining area is flooded with natural light and can accommodate large gatherings. Adjacent is the classic white kitchen with a breakfast nook and ample cabinetry. The downstairs also features a lovely bedroom suite with dressing area and updated 3/4 bath. Privately situated off the entry with no steps, it is well suited as a guest or in-law suite or even a home office. Off the great room is a light filled sunroom/family room with a wall of glass. Running along the back of the house and opening onto the private backyard, it is generously sized and can accommodate two separate seating areas. The second floor features three light-filled bedrooms and two bathrooms. The primary suite has a dressing area with two mirrored closets, one is walk-in. There is a large bathroom with dual sinks, platform tub & separate shower. The upstairs laundry room has a wall of cabinets and a side-by-side washer & dryer. With a lovely location in the highly coveted city of San Marino, this property offers a classic home that could be upgraded and customized to suit your dreams. Let your imagination run wild with the possibilities!

    Listed with Nancy Valentine | (818) 259-4270, DPP


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


    $5,200 :: 1915 Endicott Road, San Marino CA, 91108



    Property Photo

    4 beds, 3 baths
    Home size: 2,455 sq ft
    Lot Size: 8,813 sq ft
    Added: 08/03/22, Last Updated: 11/18/22
    Property Type: Rental Properties
    MLS Number: PF22158371
    Community: San Marino
    Status: Sold

    Comfortable family home on a quiet street in the city of San Marino. Featuring 4 bedrooms and 3 full baths; brand new kitchen and flooring. Garden window in the kitchen. Natural light filled in large primary bedroom with high ceiling. Formal dining room, breakfast nook with new flooring by the French door. Multiple built-in bookcases in the spacious family room with new flooring. Updated bathroom. Large backyard for entertaining family and friends. Dual zone central air; available security system. Separate laundry room with new washer/dryer. New gas cooktop and exhaust fan. 2 car detached garage on a long driveway. Move in ready.

    Listed with Vivien Young | 626-685-1136, Berkshire Hathaway Home Serv.


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


    $5,300 :: 2045 Rose Avenue, San Marino CA, 91108



    Property Photo

    4 beds, 3 baths
    Home size: 2,066 sq ft
    Lot Size: 10,111 sq ft
    Added: 10/26/22, Last Updated: 11/17/22
    Property Type: Rental Properties
    MLS Number: P1-11777
    Community: San Marino
    Tract: Not Applicable
    Status: Sold

    Located on a quiet tree-lined street, this house features 4 bedrooms and 3 bathrooms. Spacious living room with a fireplace, a formal dining room. A large family room overlooking the backyard. Bedroom wing has a 2nd master bedroom suite plus two good sized bedrooms and a full bathrooms. A private master suite is on the opposite side of the house. Bright and airy with lots of natural light in. Central Air-conditioner and heat. Newly remodeled inside with new floor, new kitchen, new appliances, new bathrooms, new windows and doors. Laundry room is by the kitchen. Sparkling swimming pool in the backyard. Award winning San Marino schools. Very convenient location. Landlord pays for gardener and pool services.

    Listed with Caroline Ma | (626) 234-9369, Coldwell Banker Realty


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!


    $1,725,000 :: 1530 Del Mar Avenue, San Marino CA, 91108



    Property Photo

    4 beds, 2 baths
    Home size: 1,922 sq ft
    Lot Size: 9,749 sq ft
    Added: 10/12/22, Last Updated: 11/15/22
    Property Type: Single Family
    MLS Number: P1-11601
    Community: San Marino
    Tract: Not Applicable
    Status: Sold

    Fantastic opportunity to own this charming single story 4 bedroom home in the award winning San Marino Schooldistrict. Conveniently located near the San Marino high school, Howie’s market, San Gabriel Country Club and much more. The entry opens to a large living room with a handsome brick fireplace, built in display shelves and a picturesque bay window to the front yard. The formal dining room is located on the other side of the entry and opens to the sunny kitchen with tile counters and abreakfast eating area. The 4 bedrooms include two that share a good sized full bathroom and one that is currently being used as a den/office with an adjacent 3/4 bath. In 2006 the electrical panel was updated. In 2018 the exterior and interiorof the house were painted. In addition that year the central A/C & Heating systems were replaced along with the water heater. The 2 car detached garage sits in the corner of this large lot (9,748sf). The serene backyard is very private with no neighbors behind the property. This home has great potential and endless possibilities just waiting for you to make it your own. This is a standard Trust Sale being sold ‘AS IS’.

    Listed with Wayne Rog | (626) 260-8656, Dilbeck Real Estate


    Brought to you by Irina Netchaev, Pasadena Views Real Estate Team Inc. Call me today at 626-627-7107, or visit my website at www.pasadenaviews.com/free-home-search/!