Commercial Real Estate Market in San Marino, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
8 active listings and 147 off-market properties in San Marino, CA. Commercial property asks $363/SF to buy and $40.00/SF/Yr to lease.
Market Trends
San Marino, CA spans 3.8 square miles in Los Angeles County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in San Marino, CA asks $305/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in San Marino, CA asks $510/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in San Marino, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in San Marino, CA asks $330/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
San Marino, CA has 12,777 residents in 4,490 households. Density runs 3,372 people per square mile. Median household income here is $186,023 and median gross rent $3,501 a month.
12,777
Population
4,490
Households
2.8
Avg Household Size
48
Median Age
80%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
3,372
Density / Sq Mi
$186,023
Median Household Income
$74,428
Median Earnings
$3,501
Median Rent
$2,000,001
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| South Pasadena | $363 (county avg) | $26.11 |
| Pasadena | $363 (county avg) | $19.48 |
| San Gabriel | $363 (county avg) | $26.30 |
| Alhambra | $363 (county avg) | $24.14 |
Commercial property in San Marino, CA asks $363/SF. The 4 bordering markets run from $363/SF in South Pasadena to $363/SF in South Pasadena, and the city sits in line with their $363/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in San Marino?
Commercial property in San Marino, CA asks an average of $363 per square foot. The 5 most recent recorded sales traded at a median of $659/SF. Retail carries the highest asking price at $510/SF.
How much does it cost to lease commercial space in San Marino?
Asking lease rates in San Marino, CA average $40.00 per square foot per year.
How does San Marino compare to nearby markets on price?
San Marino, CA asks $363/SF against $363/SF in South Pasadena, $363/SF in Pasadena, $363/SF in San Gabriel and $363/SF in Alhambra.
Where does Realmo's San Marino market data come from?
Realmo compiles San Marino, CA figures from 6 recent recorded sales, 2 active sale listings, 6 active lease listings, 147 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 6 active for-lease listings in San Marino, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · report a data issue
