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By Keith Kyle
**Update – In Escrow**
Sitting on a quiet one way street in the Golden Hills of Redondo Beach, this charming single level home on an oversized lot is in the Jefferson School area and only 1 block to Hermosa Beach. This beautiful home offers original beach bungalow charm but with an expanded floorplan and updated spaces. From the moment you see the home the curb appeal and pride of ownership is appearant with the extra large lot offering a sense of space rarely seen in the Golden Hills. The white picket fence and grassy front yard offers real coastal charm. Enter the home into the living room with great light, hardwood floors and a great layout perfect for entertaining. The open kitchen offers stainless appliances, tile countertops, pantry and more. Conveniently located 1/2 bath and laundry room sit just off of the kitchen. Rare for the neighborhood, 1638 Spreckels offers 3 nice sized bedrooms all on one level and each feature hardwood floors, large mirrored closets and great light. The rear of the home offers a spacious family room with cozy brick fireplace and sliders that lead directly to the backyard. The backyard offers fruit trees and mature landscaping allowing for privacy to enjoy summer evenings and beach breezes. Contact Redondo Beach listing agent Keith Kyle with Vista Sothey’s International for more information.
- 3 Bedroom, 1 1/2 Bath
- 1408 square feet
- 4,052 foot lot
- Built in 1952
By Keith Kyle
With a shortened month, Torrance CA saw 80 homes sell in February 2015. There was only one sale over $1,000,000 and the median home price for the month was $547,000. See below for February’s home sales.
|14749597||CONDO||1229||223RD ST #111||$ 175,000||2/2,0,0,0||935|
|OC14253367||CONDO/A||23314||Sesame ST #A||$ 180,000||1/1,0,0,0||639/A|
|PW14225014||CONDO/A||1444||227th ST #24||$ 229,000||2/1,0,1,0||951/A|
|PW14235448||CONDO/A||806||Coriander DR #G||$ 230,000||2/2,0,0,0||864/AP|
|OC14215899||CONDO/A||1129||Sepulveda BL #M102||$ 250,000||2/1,0,0,0||796/A|
|SB14236883||CONDO/A||3030||Merrill DR #31||$ 295,000||1/1,0,0,0||870/A|
|14792761||SFR||1209||204TH ST||$ 309,000||2/1,0,0,0||576|
|SB14260692||COOP/A||3205||Merrill DR #24||$ 335,000||3/1,1,0,0||1500/S|
|SB14264078||COOP/A||3110||Merrill DR #63||$ 349,000||2/1,1,0,0||1350/E|
|SB15000850||SFR/D||22913||Alexandria AV||$ 351,000||3/2,0,0,0||995/A|
|SB14200657||COOP/A||3115||Merrill DR #38||$ 357,500||3/1,1,0,0||1514/S|
|SB15003781||CONDO/A||2603||Apple AV #103||$ 405,000||2/1,0,1,0||1064/A|
|PW14228328||SFR/D||1521 W||223rd ST||$ 410,000||2/2,0,0,0||1148/A|
|SB14205003||TWNHS/A||2517||Artesia BL #62||$ 415,000||2/2,0,1,0||1237/A|
|SB15004174||TWNHS/A||2419||Artesia BL #30||$ 420,000||2/1,1,1,0||1237/A|
|SB14233337||SFR/D||803 W||229th ST||$ 425,000||4/2,0,0,0||1302/A|
|SB14213025||SFR/D||1307 W||214th ST||$ 445,000||3/2,0,0,0||1280/A|
|SB14255374||SFR/D||4228 W||179th ST||$ 460,000||2/1,0,0,0||727/A|
|SB14246821||SFR/D||1157||Gian DR||$ 465,000||3/1,1,1,0||1763/A|
|SB14252047||TWNHS/A||3910 W||182nd ST #3||$ 471,500||2/3,0,0,0||1360/A|
|SB14260081||CONDO/A||21345||Hawthorne BL #308||$ 475,000||2/2,0,0,0||997/B|
|PV14190034||TWNHS/A||1609 W||224th ST #4||$ 475,000||3/2,0,1,0||2142/A|
|PV14257570||CONDO/A||5500||Torrance BL #C124||$ 490,000||3/2,0,0,0||1399/A|
|SB15014203||SFR/D||2092||Middlebrook RD||$ 491,000||3/1,1,0,0||880/E|
|PV15007902||CONDO/A||2563||Plaza Del Amo #209||$ 493,000||2/2,0,1,0||1165/A|
|DW14247498||SFR/D||4236 W||179th ST||$ 495,000||2/1,0,0,0||727/A|
|PV15026732||CONDO/A||2571||Plaza Del Amo #209||$ 499,900||2/2,0,1,0||1165/A|
|EV14238790||CONDO/A||2559||Plaza Del Amo #306||$ 505,000||2/2,0,0,0||1303/A|
|PW14263466||CONDO/A||2563||Plaza Del Amo #308||$ 505,000||2/2,0,0,0||1058/A|
|PV14238211||TWNHS/A||2700||Arlington AV #112||$ 511,600||3/2,0,1,0||1709/A|
|PV14221680||TWNHS/A||2716||Cabrillo (access on Border) AV||$ 518,000||2/2,0,1,0||1660/A|
|SB15001449||CONDO/A||2559||Plaza Del Amo #302||$ 525,000||2/2,0,0,0||1303/A|
|PW15001512||TWNHS/A||24001||Neece AV #2||$ 525,000||3/3,0,0,0||1539/A|
|SB15012498||TWNHS/A||2800||Plaza Del Amo #412||$ 529,000||2/2,0,1,0||1185/A|
|PV15024586||TWNHS/A||2971||Plaza Del Amo #231||$ 530,000||2/2,0,1,0||1186/A|
|SB15004175||CONDO/A||5500||Torrance BL #B215||$ 535,000||3/1,1,0,0||1270/A|
|SB15014696||TWNHS/A||2800||Plaza Del Amo #234||$ 535,000||2/2,0,1,0||1185/A|
|SB15003062||SFR/D||2719||166th PL||$ 542,000||3/2,0,0,0||1283/A|
|SB14252703||SFR/D||913||Lindencliff ST||$ 549,000||4/1,1,1,0||2493/A|
|SB14245508||TWNHS/A||2596||235th ST||$ 549,000||3/2,0,1,0||1687/A|
|SB14238832||SFR/D||4129||180th ST||$ 550,000||3/2,0,0,0||1201/A|
|SB14258715||SFR/D||1961||185th ST||$ 567,000||3/3,0,0,0||1661/A|
|PV14249618||TWNHS/D||1826||Torrance BL||$ 580,000||3/2,1,1,0||1814/A|
|TR14190641||SFR/D||3318||Artesia BL||$ 580,900||3/2,0,0,0||1657/S|
|15821817||SFR||19921||SALTEE AV||$ 591,000||3/1,0,0,0||1120|
|SB14262072||TWNHS/A||2648||Cabrillo AV||$ 605,000||3/2,0,1,0||1690/A|
|SB15006639||SFR/D||1542||Post AV||$ 610,000||3/3,0,0,0||2145/A|
|SB14264227||SFR/D||16702||Patronella AV||$ 619,000||3/2,0,0,0||1304/A|
|SB15006657||SFR/D||18008||Fonthill AV||$ 620,000||3/1,1,0,0||1539/A|
|SB14253058||SFR/D||4313||234th PL||$ 630,000||3/2,0,0,0||1539/A|
|SB15001060||SFR/D||3217||Opal ST||$ 630,000||3/1,0,0,0||1137/A|
|SB14234298||SFR/D||819||Cota AV||$ 630,000||2/2,0,0,0||869/S|
|PV14227587||TWNHS/A||2825||Plaza Del Amo #152||$ 633,000||3/3,0,0,0||2115/B|
|IN14202810||SFR/D||1317||Amapola AV||$ 635,000||3/1,0,1,0||1232/A|
|RS15010159||SFR/D||4134||177th ST||$ 645,000||3/1,1,0,0||1530/A|
|SB14172734||SFR/D||20813||Avis AV||$ 675,000||3/2,0,1,0||1514/A|
|SB15008223||SFR/D||1226||Teri AV||$ 680,000||3/1,1,0,0||1437/P|
|OC14253613||CONDO/A||1800||Oak ST #403||$ 680,000||3/3,0,0,0||2040/A|
|SB15008416||TWNHS/A||1800||Oak ST #510||$ 688,000||3/2,0,1,0||1950/A|
|SB14256859||SFR/D||4006||Merrill ST||$ 689,000||3/0,2,0,0||1230/A|
|OC14241562||SFR/D||22720||Fern AV||$ 690,000||3/2,0,0,0||1345/A|
|SB15001520||TWNHS/A||22527||Kent AV||$ 695,000||3/3,0,0,0||1876/A|
|AR14233945||SFR/D||2018||238th ST||$ 700,500||4/2,0,0,0||1836/A|
|SB15008915||SFR/D||20619||Annrita AV||$ 740,000||3/1,1,0,0||1188/A|
|SB14262626||SFR/D||5516||Greenmeadows ST||$ 779,000||3/2,0,0,0||1117/A|
|SB15009176||SFR/D||5013||Steveann ST||$ 790,000||3/1,1,0,0||1558/A|
|SR14241977||SFR/D||4038||179th ST||$ 800,000||5/1,1,1,0||2635/A|
|PV14204678||SFR/D||22708||Linda DR||$ 808,000||3/2,0,0,0||1064/A|
|SB14217510||SFR/D||2815||Sepulveda BL #27||$ 817,500||4/2,0,1,0||2354/A|
|SB14138988||SFR/D||4324||Highgrove AV||$ 820,000||3/1,0,1,0||1669/A|
|PV15014463||SFR/D||3029||Softwind WY||$ 849,000||4/3,0,0,0||2050/A|
|RS15013294||SFR/D||19609||Darien PL||$ 900,000||4/3,1,0,0||2016/A|
|SB15011172||SFR/D||4812||Sharynne LN||$ 920,000||2/1,0,0,0||924/A|
|15820357||SFR/D||4914||Paseo De Las Tortugas||$ 920,000||3/2,0,0,0||1900/A|
|SB14263716||SFR/D||2352||Santa Fe AV||$ 945,000||4/3,0,0,0||2832/A|
|15818997||CONDO||21345||HAWTHORNE #309||$ 495,000||2/2,0,0,0||910/A|
|SB14254351||TWNHS/A||1340||El Prado AV #39||$ 545,000||3/2,0,1,0||1311/A|
|SB14257361||SFR/D||18808||Cerise AV||$ 620,000||3/2,0,0,0||1556/A|
|SB15004566||TWNHS/A||2300||MAPLE AV #201||$ 641,000||3/2,1,0,0||1738/A|
It always surprises me just how little effort and expertise goes into prepping and presenting homes for sale. The way a home is presented in marketing and advertising can mean the difference between getting an offer or sitting on the market and can mean 10’s of thousands of dollars to a home seller.
Above is a great example that I came across the other day while searching listings. These pictures of one bedroom condos for sale in The Village of Redondo Beach make a great impact as they are generally the same room, floorplan and angle. Honestly which would you be more inclined to see and visit? Both properties were vacant but the home on the left was staged and professional photographer used. It simply looks brighter and more inviting and a buyer would be far more likely to want to take a look and tour the home.
So why do some sellers choose realtors that put so little effort into selling their Torrance homes?
That’s a great question but there is really no great answer. Sellers sometimes use a friend of the family, perhaps someone they know, or someone that sends out flyers to the neighborhood. Regardless of where the realtor comes from it’s astounding that sellers don’t ask how the realtor will prep and market the property.
So what should a Torrance home seller do?
Research….find out which agents are successful selling in the area and find out why. Then look at past listings to see how the homes look. It’s no mistake that some agents just have better looking listings. Some agents simply do more and want every home they sell to look as good as possible. Ask to see marketing samples and insist on your realtor using a professional photographer as it can make a huge difference. Sellers have one chance to be a “new listing” and take advantage of the interest and momentum that comes along with that. Would you rather have your home look like the one on the left, or the one on the right.
The market in Torrance has continued to be very favorable to sellers with the demand so high and the inventory still considerably low. The past 3 months have seen a slight increase in inventory which may be temporary or may be showing signs that the very beginning of a more balanced market is on it’s way. Keep in mind that Torrance is a big city and prices, demand, values, and trends can vary considerably throughout the city. The chart below shows the number of active Torrance homes for sale (light green bar) the number of homes that went into escrow (red line) and the number of homes sold in that month (teal bar). When the trend shows a monthly increase in homes for sale the market is heading towards a more balanced situation. At the moment it is very much a sellers market.
For buyers, and especially first time buyers, the chart below is a helpful tool to determine what price to offer. This is for all of Torrance and different neighborhoods vary, and certainly individual homes can be a different situation depending on what price is was listed at. For the month of September selling prices were within 3% of the list prices.
What does this mean?
For buyers this generally means that “going in low” is probably not the right strategy. Consult with your realtor as they should have a handle on what the value of the home should be and whether the asking price was set too high, or too low in the hopes of generating multiple offers and a potential bidding war.
One of the best kept secrets in all Torrance and the South Bay is the neighborhood of Victoria Knolls. Located in the area of Walteria, Victoria Knolls is located east of PCH and just east of Crenshaw Blvd. It is accessible by only one road and this factor gives it a sense of privacy, security and isolation. In addition the area is located on the north facing side of the Palos Verdes peninsula and often offers striking city lights views. Homes in the area generally start in the low $600,000’s for an original single family home and goes up from there depending on age, view, size and location. It offers a great and safe feel with tree lined streets, very little traffic, and a community that all seems to know each other.
Most people don’t even know the neighborhood exists and when they do accidentally stumble on it they can’t believe it’s a part of Torrance. As it’s up on the hill on the north side of the Palos Verdes Peninsula it’s nothing like the flat neighborhoods people think of when the envision Torrance.