1031 Exchange Larkspur, California

 

Rent, population, and median household income are important factors to consider for a 1031 exchange in Larkspur due to their correlations with market demand, and conversely, vacancy rate.

Surrounding submarket Area

Larkspur, California is a part of the South Marin Submarket submarket area, and contains zip codes 94939 and 94977.

Larkspur Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Larkspur, CA submarket area was $2,703, which is 16.41% higher than 2014 average rent. This represents a compounded annual growth rate of 3.09%. 2019 vacancy in Larkspur, CA was 4.30%.

The total population of the city of Larkspur, CA has grown 3.37% since 2010. As of 2018, the population was 12,328. The median household income of the Larkspur was $101,754, which is 68.77% higher than the national average.

  • submarket area South Marin Submarket
  • avg rent $2,703
  • rent growth 16.41%
  • vacancy 4.30%
  • median income $101,754
  • population (2018) 12,328
  • population growth 3.37%
  • vs. nat'l avg 68.77%
  • zip codes 94939 94977

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