1031 Exchange Lomita, California

 

Surrounding submarket Area

Lomita, California is a part of the Carson/San Pedro/E Torrance/Lomita Submarket submarket area, and contains zip code 90717.

Lomita Demographics & Economic Trends

The 2019 average effective rent for Class A, B, and C apartments in the Lomita, CA submarket area was $1,644, which is 35.53% higher than 2014 average rent. This represents a compounded annual growth rate of 6.27%. 2019 vacancy in Lomita, CA was 3.00%.

The total population of the city of Lomita, CA has grown 1.31% since 2010. As of 2018, the population was 20,521. The median household income of the Lomita was $69,827, which is 15.81% higher than the national average.

  • submarket area Carson / San Pedro / E Torrance / Lomita Submarket
  • avg rent $1,644
  • rent growth 35.53%
  • vacancy 3.00%
  • median income $69,827
  • population (2018) 20,521
  • population growth 1.31%
  • vs. nat'l avg 15.81%
  • zip code 90717

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