Torrance, CA Real Estate News

By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
South Bay Real Estate Report for August '23South Bay real estate market is now a seller's market due to the very low inventory, stagnant home sales, high interest rates reducing the buyer pool.  While the sales numbers are down, the prices are steady or a bit higher when compared to a year ago. See our July Report to compare numbers on the month to month basis. Higher interest rates have impacted buyers but the low inventory dampens their impact on home prices.Below are real estate market reports for selected major markets in South Bay CA and Beach Cities - Torrance and Redondo Beach. Below you'll find property selling data in August '23 vs. August '22, broken down by property type. Torrance home sales were down by 9 percent while the average sales price for single family homes was up b...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
We just listed this completely Remodeled End Unit Townhome in the Prestigious "Chatelaine" gated community in Torrance. This spacious townhome features a step-down living room opening to a private patio. Shutter blinds, Fireplace, High Ceilings, & Formal Dining room. Large Kitchen with beautiful Custom Cabinets, Granite Counters and Stainless Appliances. Large Master Bedroom with Vaulted Ceilings and Walk-in Closet. The Master Bathroom features a Large Tub, Separate Shower, and Dual Vanity Sinks. Direct-access 2-car garage with a bonus storage room. Convenient Laundry Area. Central Air and Forced Air Heating. This townhome is located in Chatelaine Torrance gated community, featuring many recreational facilities, pool, clubhouse. Bedrooms: 3 Baths: 2.5 Size: 1,738 sq ft VISIT PROPERTY WE...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
We just listed this 4 bedroom 3 bath, spacious 2,434 sq ft home, located in beautiful South Torrance. This is a must see home. Too many upgrades to list.   Three level home, with living room leading out to the Sun Deck and the family room bottom level leading out to a brick patio and nice size privat and secluded backyard.  New granite counter tops in kitchen and the 3 bathrooms. All new appliances, Stove, Dishwasher, Microwave. Eating area off kitchen or maybe you might want to use as an office. Marble around face of firplace with Marble tile hearth. New carpeting upstairs and new laminated floors in family room and living room and dining room.  Move right in! Walking distance to South High, Torrance School District schools. Location:  Kent Ave, Torrance, 90505 Bedrooms: 4 Baths: 3 Siz...
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By Kimberly Jones, REALTOR, E-PRO
(HomeSmart Professionals)
The 14th Annual South Bay Conference for Women I wanted to share an event that would benefit many people in the community on April 13th, 2012. Enjoy a day for YOU! Reinvent, Inspire, Engage, and Reflect. Walk out a new person full of energy and a fresh dose of motivation. Share this special day with your favorite women. Learn how to appreciate YOUR uniqueness, qualities and gifts all over again. I Hope to see you there! - Kim Jones CostLocationAdditional Info Adults $115 / Students $75 Torrance Marriott South Bay3635 Fashion Way Torrance, CA View map » SponsorPhoneContact nameContact emailWebsite Manhattan Beach Chamber of Commerce and Women In Business 310-880-5548 Lisa N. Machii Lisa@LisaMachii.com http://www.mbwib.com/
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance CA Home Sales Update The Torrance average home selling price was down by 1% in December '11 when compared to same period a year ago.The average home selling price was $542,963 in Torrance (Torrance proper only - Torrance PO not included) By comparison, average selling price in Torrance was $512,557 in November, $526,543 in October and it was $499,705 in September. This data indicates an upward price trend over last few months. Number of sales was down by 3% after a huge over 40% spike in November.   The average single family home in Torrance sold for $581,725 down 6 % compared with same period a year ago, when it was $618,413 Torrance SoldListings AverageSales Price AverageDOM* December 2011 65 $542,963 86 December 2010 85 $548,608 85 *All stats are compiled from the California...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
South Torrance and Walteria Real Estate Torrance is a coastal community in the South Bay area of Los Angeles.  It's mild Mediteranean climate, family friendly neighborhoods, close proximity to Los Angeles, excellent schools, less known Torrance beach,  make Torrance a great place to live.  In Torrance, we have many neighborhoods and communities.  Today, I'll focus on South Torrance and Walteria communities. South Torrance and Walteria real estate comprise of mostly single family homes.  Well established, tree lined neighborhoods are perfect for raising a family or to retire in.  We have a limited nunber of condos or townhomes in South Torrance so they sell quickly. Here is the summary of home for sale in the South Torrance and Walteria areas as of January 2012: The inventory of homes fo...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
South Bay Senior Condos For Sale - January 2012 Report South Bay area of Los Angeles is known for its beautiful 55+ senior condo communities.   Most of them are located in Torrance, but you can also find them in Redondo Beach, Rolling Hills Estates and Lomita. Due to the changing demographics, the demand for senior condos has been strong.  New 55+ condos that were built in the South Bay area sold out quickly.  The availability of resales varies daily.   Here is the informaion on currently available 55+ senior condos for sale in the South Bay, Torrance, Redondo Beach and Rolling Hills (based on MLS data): Total units available: 24 Torrance - 18 In Torrance, most units are 2 Beds/2 baths, but there are three 1 bd units available as of today.  We have one 3 bd condo available at New Horizo...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Torrance was founded on May 31, 1911 by Jared Sidney Torrance and Associates by the purchase of 2,791 acres of land from the Dominguez Estate Company for $976,850. Susana Dominguez del Amo sold an additional 730 acres to Torrance for $350 per acre. This land was originally a small part of the Spanish land grant called Rancho San Pedro, given to Juan Jose Dominguez in 1784 ( See the History of the South Bay for a discussion of the early Spanish land grant ranchos). At its inception, this planned industrial town provided housing for 500 people. In March 1912, Torrance had originally proposed that the new development be named "Dominquez". The post office would not allow the use of this name since there was already a post office with that name. On March 12, 1912, at a meeting of the board o...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
  Home sales in Torrance have done better than other surrounding communities. The number of sales is was up and the average home selling prices in Torrance have been going up over last few months. The average prices have still been slightly lower than a year ago though.  The Torrance average home selling price was down by 5% in October 2011 when compared to same period a year ago, bringing the average Torrance home price to $526,543. Average selling price in Torrance was $499,705 in September. Number of sales was up from 63 to 68 homes sold last month.   The average single family home in Torrance sold for $566,182 down 7% on y-o-y basis but up when compared to a month ago when it was $535,703. Torrance Sold Listings Average Sales Price Average DOM* October 2011 68 $526,543 86 October 20...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Buying your first Torrance home can be challenging.  Despite the Torrance CA real estate downturn, home prices in Torrance are still often out of reach to young families who want to buy their first home and take advantage of excellent Torrance schoolsand safe and beautiful Torrance neighborhoods. If you are a first time homebuyer, or if you're thinking about downsizing, consider buying a condo or a townhome.  Torrance real estate consists of many nice single family home neighborhoods that also, include beautiful condo communities with excellent amemities, such as pools, spas, exercise rooms and more.  The HOA (Homeowner Association Fee) will cover the cost of those amenities, insurance, trash, water in most cases. Torrance condo prices range from low $200,000 and up.  If you're interest...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Pacific Terrace is a luxurious condo community in West Torrance, just minutes walk to the beach.  It's located at 5500 Torrance Blvd. just bordering South Redondo Beach.  This resort style gated community offers beautiful, spacious 3 bd condos built in 1990.  Pacific Terrace complex offers a clubhouse, pool, sauna and fitness room.   Pacific Terrace condos have been selling between $405,000 - $435,000. This year, total of 6 units sold at Pacific Terrace, two of them were pre-foreclosures (short sales) and four were stardard sales.  Currently there is only one unit listed for sale at $400,000 - it's a short sale. Please contact me and I'll provide you with a Free Hot List of available condos at Pacific Terrace or any other community you're interested in. If you're interested in buying a ...
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By Rachel Martiens and Kathy Tyndall = The Tyndall Team, Love Living In The South Bay
(RE/MAX ESTATE PROPERTIES)
There are currently 7 homes for sale in the Southwood Area of Torrance Listed from $565,000-$995,000 The average market time is 78 days for active listings in Southwood The average asking price for a home in Southwood is $654,843 There have been 37 homes to sell in Southwood since the first of the year The lowest priced Southwood home to sell was $490,000 The highest sold price was $1,020,000 The average market time was 61 days for sold homes There are currently 8 homes in escrow starting at $599,000-$708,625 To see all the current listings in Southwood Click here: http://www.palosverdesrealestateteam.com/PropertySearch
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By Frank Fountain, Palos Verdes Homes-Realty
(Remax PV/Execs)
Torrance Real Estate   Located in the South Bay, Torrance is  the eighth largest city in Los Angeles County, just north of Palos Verdes, east of Redondo Beach and 11 miles south of the Los Angeles International Airport (LAX). The city offers a relaxed beach scene with 1.5 miles of shore-front beaches off the Pacific Ocean. Its beach lies between the Palos Verdes Peninsula and Redondo Beach on the Santa Monica Bay.     The Torrance Unified School District (TSUD), established in 1947, encompasses all of the City of Torrance, operating 17 elementary schools, eight middle schools, five high schools and two private high schools, three adult schools, a community college, and a child development center. According to the 2010 U.S. Census, Torrance had a population of 145,438. This expansive res...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Torrance Gardens is a charming Torrance neighborhood, comprised of mostly smaller single family homes but with mixed in larger four or more bedroom homes.  Torrance Gardens is bounded by Madrona Blvd, Crenshaw Bvld, Carson Blvd and Torrance Blvd. You'll find street named "Iris", "Maple", "Juniper", "Date" or "Hickory" in the Gardens. If you're a fortunate Torrance Gardens resident, you can walk to the Farmers Market, beautiful walking paths, play tennis or baseball at nearby Wilson Park.  Torrance Courthouse , Police Station and the Library are also located in the area.  If you're in the mood for shopping or dining out, Del Amo Shopping Center is just a couple of blocks away. Homes in the Torrance Gardens community have been selling in the $430,000 - $725,000 range this year. Torrance G...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Marble Estates is a single family home community in Torrance.  It's comprised of 350 homes.  Marble Estates are bounded by Crenshaw Boulevard on the east, Greenwood Avenues on the west, 230th Place on the north and 234th Street on the south.  Average home size is 2,100 sq ft; average number of bedrooms is 3.76.  Most homes in this planned community were built in mid 1960s by Don Wilson Builders. The Marble Estates community grew around two focal points that still draw new residents:  Hickory Park and Hickory Elementary School.  Small town atmosphere, family friendly, safe environment  and, at the same time, close proximity to shopping, restaurants  and South Bay beaches make this community desirable and sought after. Marble Estates homes:                                                 ...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
  Prestigeous La Terrazza gated community of 130 beautiful, Mediterainean style townhomes, was built in the early 1990s and it's located in central Torrance.  The community consists of mostly 3 bd/3 ba homes;  there are only six 4 bd/3 ba units, located by the putting green area.  This beautiful Torrance community is near Wilson Park, Del Amo shopping center, restaurants and highly rated Torrance schools. Beautiful surroundings at La Terrazza, Torrance townhome gated community: :   2011 sales at La Terrazza: Total of five units sold, all of them 3 bedrooms 3 bathrooms; prices ranged from $560,000 to $606,000.  Two of those sales were foreclosures (short sales). Please contact Krystyna Baty at 310.918.5027 if you'd like to move into this unique community of La Terrazza.  Sign up for our...
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
Pacific Colony is an exclusive gated community in West Torrance, CA,  located on the border with Redondo Beach,  just minutes from the local South Bay  beaches.  This beautiful community of detached 89 single family homes was built in 1991-1996 .   Pacific Colony homes are 3 or 4 bedroom single family homes;  Five floorplans, range from 2403 sq ft - 3396 sq ft.  Visit www.PacificColony.com for detailed floorplan information. Pacific Colony residents enjoy many amenities, such as clubhouse, gym and the pool.  This family friendly South Bay community is located in the award winning West High school district Typical home at Pacific Colony, Torrance: CALL KRYSTYNA BATY AT 310.918.5027 OR E-MAIL INFO@ISELLSOUTHBAY.COM FOR MORE INFORMATION AND A HOT LIST OF HOMES FOR SALE AT PACIFIC COLONY.
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
I just sold another senior condo at New Horizons in Torrance.  This 55+ senior condo community is well hidden from traffic and busy South Bay streets and yet, it's perfectly located, close to shops, restaurants, hospitals, YMCA. There is even a private gold course with driving range and putting green there - right in the heart of Torrance! Recreational facilities include the main clubhouse with the lounge offering big screen TV, billiard room, and community room with remodeled kitchen. Across the complex is the Sports Center with the second pool, spa, full modern gym, lighted tennis court, ceramic and wood shops, table tennis room The New Horizons senior complex is always beautifully landscaped, which adds to a resort like feel. My clients relocated to Torrance from Northern California....
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By Krystyna Baty Ryan, HONESTY TRUST TECHNOLOGY SERVICE RESULTS
(Broker)
The Torrance average September selling price was down by 12.3% when compared to the same period a year ago.  Number of sales was up by 9%, from 67 to 73 homes sold last month.   Torrance SoldListings AverageSales Price AverageDOM* September 2011 73  $499,705 87  September 2010 67  $569,752 78  *All stats are compiled from the California Regional  Multiple Listing Service. Information is deemed reliable but not guaranteed. *DOM - days on market. All stats are for Torrance proper - Torrance PO is not included. The average single family home in Torrance CA was down by 12.7%.  Single family home sold at the average price of $535,703 in Torrance last month, compared with $613,491 12 months ago.  Foreclosure activity was up in Torrance last month.  Foreclosures accounted for 24.7 percent of s...
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By Maureen Megowan, Palos Verdes Real Estate Blog
(Remax Estate Properties - )
Walking Tour of Historic Old Torrance Today. In celebration of the city's centennial in 2012, the Torrance Historical Society is hosting a free walking tour, with docents pointing out many of the historic sites and landmarks of Old Torrance, 1:30-3 p.m. Sunday, 1345 Post Ave.; For more information, call 310-328-5392. For the History of Torrance, go to the following link on my website:  HISTORY OF TORRANCE
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By Beth Lester, Home Staging & Interior Decorating
(Beth Lester Designs)
A former client who keeps us informed of South Bay happenings, Jackie Balestra, recently contacted me, asking if I would be a guest on the South Bay Small Business Hour. Although I wasn't sure I could talk for an hour (which is actually much less between introductions, closers and commercials), I could have used more time to talk passionately about home staging! Check it out - we discuss the psychology behind home staging, why we ask clients to put away personal photos, and what buyers are looking for.   South Bay Home Staging Radioblog  
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