The top sale of the month (not including the Hollywood Riviera) in Torrance was an extensively remodeled single family home on large view
lot in the Seaside Ranchos area of south Torrance. The home sold WAY over list price. It was originally listed at $1,899,000 and sold for $2,300,000 which is pretty amazing for a home with only 2 bathrooms and less than 2,000 square feet. Having said that it was beautifully remodeled/flipped and the location was tough to beach.
Home Basics
- 4 bedrooms
- 2 bathrooms
- 1,854 square feet (BTV)
- 8,728 foot lot
- Built in 1956
- Listed by Paul Kerza – 3 Leaf Realty Inc – 310-546-6300
spacious 8,565 sq foot lot, the home offers impressive indoor and outdoor areas in one of the most sought after neighborhoods in all of the South Bay.
during February. We saw 76 on MLS closed home sales which was a big drop from December in which there were 111 sold homes but a slight uptick from the 73 closed sales in January.
that closed escrow with only 75 on market home sales. This was not unexpected as the number of homes that went pending in December was very low. It was not an indication that the market is slowing at all and actually was due to the record low inventory of homes for sale towards the end of 2021. The median sales price was $915,000 and homes averaged a very brief 20 days before going into pending status.