Understanding Property Taxes and HOA Fees in San Marino
A local’s guide to what you’ll really pay when you own a home here.
Thinking of buying a home in beautiful San Marino? Beyond the list price, it’s important to understand the ongoing costs especially property taxes and HOA (Homeowners Association) fees. As a San Marino resident, I often get asked:
“What are the hidden costs of living here?”
Let’s break it down in simple, homeowner-friendly terms.
📌 Prefer a quick read? Scroll down or for the short summary version!
Property Taxes in San Marino
How much are property taxes here?
California follows Proposition 13, which means property taxes are generally 1% of the home’s assessed value (the price you paid for the home). In San Marino, the total rate usually ends up around 1.1%–1.2% once local assessments are added.
So, if you buy a $3 million home, expect to pay about $33,000–$36,000 per year in property taxes.
What do property taxes pay for?
San Marino Unified School District (SMUSD)
Police and fire services
Street maintenance
Local parks and recreation
Library and city services
Your property taxes help fund the excellent public schools that draw so many families here, like Valentine Elementary, Carver Elementary, Huntington Middle, and San Marino High School.
HOA Fees in San Marino
Are there HOA fees in San Marino?
For most homes in San Marino, no. The city is primarily made up of single-family homes on individual lots, so you won’t encounter an HOA in the traditional sense.
However, there are a few gated communities or newer developments (like luxury townhomes or condos) where HOA fees may apply. These typically range from $300 to $800/month, depending on the amenities offered.
What do HOA fees usually cover?
If applicable, HOA fees may include:
Landscaping and exterior maintenance
Shared amenities (like a pool or security gate)
Trash, water, or insurance for shared spaces
But again, most San Marino homeowners don’t pay monthly HOA fees.
Short Version: Know Before You Buy
Property Tax = ~1.1% of home price.
On a $3M home, expect $33K–$36K/year.
Taxes fund local services & amazing schools like Carver, Valentine, and San Marino High.
HOA fees? Most homes in San Marino don’t have any. If they do, it’s usually in gated or condo-style communities ($300–$800/month).
Summary
Buying a home in San Marino means investing in a community with top-rated schools, beautiful streets, and high property values. Your property taxes help support the exceptional city services and schools, while most homes here have no HOA fees, a win for many homeowners.
Have questions about taxes or HOA before buying? Let’s talk, I live here, and I can help walk you through every detail.