Torrance, CA Real Estate News

By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
RE/MAX Estate Properties South Bay Market Report is out for the first quarter of 2018. The Market Data Report shows the number of single family residents properties that have sold and what the average price ranges are. Some of the information that will be covered is the number of units sold, average square foot range, price range, average price comparisons (2017-2018) and average price per square foot.South Bay real estate sales for the first quarter of 2018 are listed in the report below. The report shows the total closed sales for El Segundo at 27, Gardena – 91, Hermosa Beach – 40, Lawndale – 37, Lomita – 40, Manhattan Beach – 78, North Redondo Beach – 96, South Redondo Beach – 61 and Torrance shows 177 closed sales.To read more about the comparisons between January to March 2018, or ...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
The Torrance Market Data Report for the 1st quarter of 2018 shows a total of 55 homes closed escrow, compared to 55 homes that sold in the first three months of 2017. The average price for Torrance homes sold in these three months was $984,362 compared to $899,360 in 2017, which is an increase of 9.5%. The average price per square foot during these three months was $583 compared to $575 in 2017, which is a 1.3% increase. The area that sold the most homes during this time was Hollywood Riviera with a total number of 12. Coming in second was West Torrance with 7 closed sales, and North Torrance East had 6 sales.Currently, Torrance has 110 homes for sale. There are 82 single family homes for sale starting at $425,000 for a 1 bedroom/1 bath, 630 square foot home, to $2,698,000 for a 5 bedro...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
South Bay real estate sales for November showed great closing numbers for the many cities. In November, El Segundo showed 12 closed sales, Gardena showed 39, Hawthorne showed 27, Hermosa Beach showed 18, Lawndale showed 17, Lomita showed 9, Manhattan Beach showed 35, Redondo Beach showed 65 and Torrance showed 89 closed sales.To read more about the comparisons between November 2016 to November 2017, or for the average price per foot, number of homes for sale in November, pending sales or days on market, go to the Market Intelligence Report listed below.For more information on the RE/MAX South Bay Market Intelligence Report click here.Originally posted to Tuba Ghannadi's real estate blog Aboutpv.com.If you have any questions about the real estate market in this area, or if you are intere...
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By Tuba Ghannadi, In Harmony With Your Real Estate Needs
(RE/MAX Estate Properties)
This is a great opportunity to lease this remodeled townhome in Downtown Torrance located at 1752 Arlington Avenue, Torrance. This 4 bedroom, 4 bath, 2,560 square foot unit has an open floor plan, ceramic tile and laminate flooring throughout.. Each bedroom has it’s own bath, with each bathroom upgraded with newer vanities and fixtures. This large home is great for extended families, with one of the bedrooms and one bath located on the lower floor, while the other three bedrooms are located upstairs. (One bedroom does have carpeting).This unit has lots of natural light. The kitchen has granite counters, dishwaster, stove and refrigerator. There is a balcony to relax and enjoy after a long day.To see this beautiful townhome contact Tuba at (310) 686-4688. This home is also listed on the ...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance 55+ condo inventory has been very low this year, with only a few units listed for sale on an average day.  Tight real estate market overall has posed a challenge for the buyers in our South Bay market. South Bay senior 55+ communities are in demand from both local buyers as well as folks planning to downsize and relocate  to the Torrance or Redondo Beach area.Today, we have only 9 units listed for sale in the South Bay area. Most of them are located at New Horizons, one at Breakwater Village and one at Parkview Court.  Not many, considering the fact that we have 14 senior communities. The bright spot is the brand new community of Sol Y Mar in Rancho Palos Verdes if you're in the luxury condo market. Here is more info on Sol Y Mar 55+ homes:Sol Y Mar New 55+ Condos - New Constru...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance Real Estate Report - 2nd Qtr '17 vs. 2nd Qtr '16Torrance real estate had another good quarter. Home prices went up by 9 percent when compared with the same period a year ago. Sales went up from 372 to 384 homes sold in the second quarter, sales growth limited only by low inventory. Average selling price went up from $647,999 in the second quarter last year to $708,861 this year -  9% price increase y-o-y.  Interest rates remained very low, around 4%, helping home buyers and investors. Low inventory of available homes for sale in Torrance CA continued to put pressure on prices, limiting the number of sales.  Below I provided the stats and graphs to illustrate the Torrance real estate market, price trends, inventory in detail.  As of today, there are 204 homes on the market in To...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
OSAGE AVENUETORRANCE CA 90504 $698,000 | 3 BEDROOMS | 1 BATHROOMS | 2 CAR PARKING | 1058 SQUARE FEET | MLS: PV17078554 LIKE NEW!! Truly a must see. Stunning home with all the bells and whistles sure to impress even the most discerning buyers. Prime corner lot location where gorgeous flagstone walkways and driveway greet you. Featuring hardwood floors throughout, open floor plan, remodeled kitchen with gorgeous blue eyes granite, commercial Viking appliances, Kraftmade cabinets, remodeled bathroom with jetted bathtub, stacked stone gas fireplace, all newer interior solid core wood doors, newer windows with custom day and night blinds. This home was meant for entertaining with a built-in outdoor kitchen with side burner and fridge, Bose built-in surround sound inside and out, pool, spa w...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance Home Prices in 1st Qtr '17 vs. 1st Qtr '16Torrance CA home prices rose by 4 percent in the first quartet compared to the same period last year. Torrance real estate remained in demand.Average selling price went up from $634,623 in the first quarter last year to $657,623 this year -  4% price increase y-o-y.  Interest rates remained very low, under 4%, helping home buyers and investors. Low inventory of available homes for sale in Torrance CA continued to put pressure on prices, limiting the number of sales.  Below I provided the stats and graphs to illustrate the Torrance real estate market, price trends, inventory in detail.  As of today, there are 171 homes on the market in Torrance.  The lowest home is listed at $189,000 and the highest at $2.49M, average listed price - $714...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance Home PricesTorrance homes prices went up again in January. Average selling price increased by 7%, from $651,338 last year to $699,682 this year.  Interest rates are still low, around 4%, helping home buyers and investors. Low inventory of available homes for sale in Torrance CA continued to put pressure on prices.  Below I provided the stats and graphs to illustrate the Torrance real estate market in detail.  Today, there are 137 homes listed for sale in Torrance.  The lowest home is listed at $189,000 and the highest at $2.5M. This shows the diversity of the Torrance real estate, from the ocean view Hollywood Riviera estates to entry level condominiums.   Torrance Real Estate Market Report Summary81 homes sold in Torrance CA in Januray '17 compared with 78 a year ago.  Average...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
2602 GRAND SUMMIT ROAD TORRANCE CA 90505 $838,000 | 3 BEDROOMS | 2 BATHROOMS | 2 CAR PARKING | 1214 SQUARE FEET | MLS: PV17028933 A must see!!! Located in the highly coveted Victoria Knolls neighborhood just a short stroll to Alta Loma Park, this home is just two streets from the Palos Verdes border. Gorgeously remodeled and perfect for entertaining! Open floor plan with views of the spacious backyard from the kitchen, dining and living room. Newer roof, electrical panel, smooth ceilings throughout, newer garage door, all new shaker style interior bedroom doors, stunning kitchen with subway tiles to the ceiling, quartz counter tops, island on rollers, white shaker cabinets and open shelving. The main bathroom features a barn style sliding floor, marble mosaic flooring and a marble vani...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance Real Estate in 2016Real estate market in Torrance CA recorded rising home prices and increased home sales in all categories. Helped by low mortgage interest rates, Torrance homebuyers often competed for houses and condos. Multiple offers were a common occurance in our local Torrance market. We continued to be in the seller's market due to the low inventory and low mortgage interest rates.  Also the prospect of higher rates in 2017 prompted many buyers to enter the market.  Average Torrance CA home price went up by 5%; number of sales also went up by 5%. lowest home sold at $215,000, the highest at $2.3M. Torrance Real Estate  2016 2015 Difference No. of sales  1117  1067  +5%  Average Sales Price  $701,947  $665,399  +5%  Average Days on Market  45  48  -6% Real estate is local...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance Home PricesTorrance homes prices recorded another increase in December.  Home buyers took advantage of low interest rates, although they did inch up a bit in last few weeks.    Low inventory of available homes for sale in Torrance CA continued to put pressure on prices.  Below I provided the stats and graphs to illustrate the Torrance real estate market in detail.  Today, there are 124 homes listed for sale in Torrance.  The lowest home is listed at $189,000 and the highest at $2.5M. This shows the diversity of the Torrance real estate, from the ocean view Hollywood Riviera estates to entry level condos in East Torrance.   Torrance Real Estate Market Report Summary99 homes sold in Torrance CA in December 2016 compared with 119 a year ago.  Average sale price was $682,094 compar...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance Home PricesTorrance homes prices continued to rise in November.  Home buyers took advantage of low interest rates and the availability of improved loan choices.  At the same time, we have seen low inventory of available homes for sale in Torrance, which increased pressure on prices.  Below are stats and graphs to illustrate the Torrance real estate market in detail.  Today, there are 113 homes listed for sale in Torrance.  The lowest home is listed at $199,000 and the highest at $2.5M.   Torrance Real Estate Market Report SummaryTotal of 94 homes sold in Torrance CA in November 2016 compared with 82 in 2015.  Average sale price was $677,548 compared with $569,961 a year ago, which represents a 19% price increase.  The lowest sold price was $235,000; the highest was $1.349M.  Av...
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Premium FLAG SHAPED LOT, Remodeled Kitchen & Baths, Modern Sleek Style. Newly Painted Exterior & Interior, New Landscaping, Spacious Open Concept Floor Plan, 2 Main Level Bedrooms/Bonus Room, Luxurious Hardwood Floors, Plantation Shutters, New Carpet, Recessed LED Lighting Throughout, NEW Gorgeous Ceiling Fans, Mirrored Closet Doors. The Kitchen is a work of art with NEW Beautiful Quartz Counter Tops, Beautiful Cabinetry, Gorgeous Subway Tile Backsplash, NEW Matching High End Stainless Appliances, NEW Under-Mount Stainless Steel Double Sink, New Fixtures and Hardware, and Ample Storage and Counter Space. The Large Family Room is a Welcoming Haven with a Beautiful Brick Fireplace and a Highly Prized Wet Bar creating the perfect environment for Relaxing and Entertaining. The Expansive Mas...
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  Contact: Justin Miller Phone: 310-619-9389     Single Family Residence, Traditional - Torrance, CA Listed at 759000       Send To   Subdivision  Torrance Gardens Category Homes Type Single Family Re-Sale Sq Footage 1557 Bedrooms 3 Bathrooms 2 Half Bathrooms 0 Lot Size 0 Short Sale No Year Built 1951 Home Address 3326 Torrance Boulevard Torrance, CA 90503   Home DescriptionWelcome to your centrally located Torrance Gardens home! This charming and beautifully bright, 3 bed/2 bath, 1,557 SF Pottery Barn style home features a unique, open and expansive floor plan thats perfect for entertaining with a park like rear yard. Enjoy the stunning hardwood floors throughout, under a wood-beamed ceiling in the living room, making it just cozy enough for chilly Fall evenings. Cook dinner for frien...
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  Contact: Justin Miller Phone: 310-619-9389     Condominium - Torrance, CA Listed at 599000       Send To   Subdivision   Category Condo Type Condo Re-Sale Sq Footage 1260 Bedrooms 2 Bathrooms 2 Half Bathrooms 0 Lot Size 2 Short Sale No Year Built 2008 Home Address 2349 Jefferson Street Torrance, CA 90501   Home DescriptionHeres an opportunity to lease a beautifully upgraded unit from the gated resort style condo complex, The Foundry! This condo is a top floor unit with soaring 25 foot ceilings and is nestled in above the lush courtyards tropical setting. Loaded with upgrades including open floor plan, beautiful hardwood flooring, plush carpet, granite counter tops, stainless steel appliances, travertine tile in the bathrooms, and a large private balcony. Two side-by-side parking spac...
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By Bandele Oguntomilade, Top REALTOR, Your Woodland Hills Real Estate Agent 818-825-6996
(Bogun Realty and Luxury Homes)
  Open-House Events:                    Sat Sun 8-21-16 from 3-6pm Property:                                       22702 S. Van Deene Ave, Torrance, CA 90502 Virtual Tour:                                 www.22702VanDeene.com Offered At:                                    $470,000 Call Bandele Oguntomilade:     818-825-6996 Property Description:                 Beautiful 3 Bedroom, 2 Bathroom Home See Detailed Description After Photos Below Property Description:  Open House Sun 8-21-16 from from 3-6pm. Call Bandele Oguntomilade at 818-825-6996. Call 818-825-6996. www.22702VanDeene.com.  First Time on market in 38 years! Beautiful 3 Bedroom, 2 Bathroom, with separate Family Room - Single Family Home in highly coveted Torrance neighborhood. Home is 1528sf on lot of 5639sf. Ideal owner-occ...
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By Bandele Oguntomilade, Top REALTOR, Your Woodland Hills Real Estate Agent 818-825-6996
(Bogun Realty and Luxury Homes)
Open-House Events:                    Sat 8-13-16 from 1-4pm and Sun 8-21-16 from 3-6pm Property:                                       22702 S. Van Deene Ave, Torrance, CA 90502 Virtual Tour:                                 www.22702VanDeene.com Offered At:                                    $470,000 Call:                                                 818-825-6996 Property Description:                 Beautiful 3 Bedroom, 2 Bathroom Home See Detailed Description After Photos Below Property Description:  Open House Sat 8-13-16 from 1-4pm and Sun 8-21-16 from 3-6pm. Call 818-825-6996. Call 818-825-6996. www.22702VanDeene.com.  First Time on market in 38 years! Beautiful 3 Bedroom, 2 Bathroom, with separate Family Room - Single Family Home in highly coveted Torrance neighborhood. Home ...
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By Norma Toering Broker for Palos Verdes and Beach Cities, Palos Verdes Luxury Homes in L.A.
(Charlemagne International Properties)
Luxury homes in the Hollywood Riviera Neighborhood The Hollywood Riviera neighborhood is adjacent to the Palos Verdes Peninsula and is blessed with incredible ocean views (and breezes) due to its similar hilly topography.  It is no wonder there are always buyers who want to purchase a home in the Hollywood Riviera due to its proximity to Torrance Beach.  For some buyers, Palos Verdes is too isolated not to mention too pricey!Hollywood Riviera is primarily single family homes, but there are a few condo complexes as well.  Yesterday, Josh and I previewed homes in the Hollywood Riviera as one of the properties was across the street from a house we sold to a client several years ago, and we want to update them on the value of their home.  Another property was a home over 3,000 sq. ft with ...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
West Torrance is one of the most popular and sought after areas of Torrance and South Bay.  Beautiful, family friendly neighborhoods, close proximity to our beaches,  great schools, make West Torrance real estate an attractive choice for homebuyers and investors alike. Please use our advanced property search tools to find your award winning West High school area home today.  You'll be able to create your own searches and we'll send you homes that meet your search criteria if you wish. It's save you time - you'll be able to view all homes listed in South Torrance from your home or office computer.  I'll be just a phone call or email away.  Call (310)918-5027 or email info@isellsouthbay.com anytime - I'll be happy to help!WEST TORRANCE HOME SEARCH & RESOURCES Use the links below to find a...
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