Torrance real estate and homes for sale

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What makes the Torrance real estate market so unique in the South Bay?

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By Keith KyleTorrance homes for sale

People often think of the South Bay as one large market but each individual city can mean an entirely different real estate market….just take a look at the monthly median home prices in the South Bay as an indication.

Each city is it’s own real estate market but Torrance is different.  As Torrance is the largest city in the South Bay it’s also the most diverse.  That’s especially true in terms of real estate and home values in Torrance.

What make Torrance so different is the variety of areas, and the diversity of both the homes and the prices.  Torrance is a city that has multi million dollar homes along the Bluff on Paseo De La Playa and also has some of the most affordable homes in all of the South Bay.

Search Torrance homes by area.

The sheer size of Torrance also makes a difference.  Stretching all the way from the ocean to east of the 110 freeway makes for an abundance of options not possible in any other city in the area.  This also allows for everything from single family homes, to condos to even co-ops (rarely seen in the South Bay).

It is definitely not a seen one seen em all type real estate market.

 

Torrance Alternative – Beautiful Townhome for Sale in Hermosa Beach

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***Please note that this home has sold

618 1st Street, Hermosa Beach Priced at $1,350,000

By Keith Kyle

While we may be focused on Torrance real estate we do have listings elsewhere as well.  Located just a few short blocks to the beach at 618 1st Street, this beautiful detached Cape Cod designed townhome offers the best in beach living in Hermosa Beach.  Very rare for this area of Hermosa, the home is completely detached and feels like a single family home with great outdoor spaces and a private entry. With a mid level entry and reverse floorplan, the formal entry offers soaring ceilings, hardwood floors and is bathed in natural light.  Entry level features the master suite, 2 spacious bedrooms, convenient laundry area, and a full bath.  The enormous master suite features dual walk in closets, new carpet and paint, and an beautiful bath with jacuzzi tub and  shower.  The upper level offers an incredible amount of space with an open and flexible layout that can adapt to your lifestyle.  The living room features vaulted ceilings, beautiful gas fireplace, and 4 French doors allow for direct access to the patio to take in the near perfect weather.  The top floor also features an oversized and open kitchen with recessed lights, stainless appliances sits cental to both the living room and huge dining room.  Head up to the rooftop deck for great ocean and city light views.  The home also offers a nice backyard area with deck and artificial turf, and a two car attached garage.  All of this ideally located in Hermosa Beach, recently voted the 10th “Happiest Seaside Towns in America” by Coastal Living Magazine.

 Contact listing agent Keith Kyle with Vista Sotheby’s International Realty for more information or for a private showing.

Video Tour of The Oceanfront Homes of the Redondo Beach Esplanade

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Local Redondo Beach Realtor Keith Kyle takes you on a tour of some of the buildings and complexes along the Esplanade….Redondo Beach’s oceanfront street.  Due to zoning allowing for high rise buildings, the Esplande of Redondo Beach offers some of the most affordable options for ocean front homes.  View our Redondo Beach site to see all of the current homes for sale in Redondo Beach CA.

Torrance Home Sales Up in May of 2016

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Torrance, CA saw a slight gain in year over year home prices in May with 138 homes sold this month at a median price of around $593,000 which was up from $579,000 the prior May.  138 homes is a very strong number for Torrance and shows that the market activity is continuing to pick up with more homes slowly coming on the market.  Click here to see the homes sold in Torrance for May of 2016.

City Homes
Sold		 May
2016 Median		 May
2015 Median		 Year
over Year % Change%
Carson 57 $453,000 $410,000 10.4%
El Segundo 12 $802,500 $803,500 -.1%
Gardena 47 $425,000 $405,000 4.9%
Harbor City 26 $439,000 $415,000 5.8%
Hawthorne 39 $485,000 $525,000 -7.7%
Hermosa Beach 21 $1,285,000 $1,450,000 -11.4%
Lawndale 14 $455,000 $431,000 5.6%
Lomita 15 $488,000 $509,000 -4.1%
Long Beach 349 $485,000 $433,000 11.9%
Manhattan Beach 48 $1,875,000 $2,239,000 -16.2%
Marina Del Rey 31 $925,000 $918,000 .8%
Palos Verdes Estates 55 $1,499,000 $1,515,000 -1.1%
Playa Del Rey 24 $560,000 $615,000 -8.9%
Rancho Palos Verdes 58 $1,060,000 $1,100,000 -3.6%
Redondo Beach 96 $950,000 $845,000 12.5%
San Pedro 66 $489,000 $449,000 8.8%
Torrance 138 $593,000 $579,000 2.4%
Westchester 30 $1,130,000 $900,000 25.6%

Great 3 Bedroom Plaza Del Amo Townhome for Sale

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2160 Plaza Del Amo # 165, Torrance 905012160 Plaza Del Amo copy

**Update** This home has sold.  See all of the current homes, townhomes and condos for sale in the communities of Plaza Del Amo.   Just in time for summer, this beautiful and spacious townhome located in one of Torrance’s great neighborhoods offers numerous upgrades in the peaceful Park Plaza community.  This two level townhome offers an ideal layout with all 3 bedrooms upstairs and all living areas on the first floor.  The first floor offers a beautiful kitchen and breakfast nook overlooking one of the multiple patios and decks.   The dining room and living room sit just off of the kitchen and offer solid hardwood walnut floors and a custom-built fireplace and direct access to the patio making it ideal for entertaining and indoor-outdoor living.  Upstairs the master suite features vaulted ceilings, a ceiling fan and a balcony looking out over the treetops. The two other bedrooms are bright and spacious making for an ideal floorplan.   Detached separate 2 car garage steps away.  Park plaza offers a gated entry, lushly landscaped open space, pool,spa and club house. This is a wonderful property in a tranquil setting, and resides in the award winning Torrance Unified School District.


Contact listing agent Keith Kyle with Vista Sotheby’s International for more information.

2160_Plaza_del_Amo_pool5 copy    2160_Plaza_del_Amo_kitchen4 copy

BED / BATH: 3/ 1 1/2
SQFT(src): 1,578 (A)
GARAGE: 2
YEAR BLT(src): 1979 (ASR)
SUB TYPE: TWNHS (A)
APN: 7359007046

March 2016 Median Home Prices for Torrance and the South Bay

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By Keith Kyle

The numbers for March are in and it was a big month for the number of homes sold in Torrance.  Torrance has been hovering a bit over 100 for the past few months but March saw 133 homes sell throughout this South Bay city.

City Homes
Sold		 March
2016 Median		 March
2015 Median		 Year
over Year % Change%
Carson 54 $447,500 $426,500 4.9%
El Segundo 10 $1,006,000 $849,000 18.5%
Gardena 58 $475,000 $403,500 17.7%
Harbor City 14 $450,000 $455,000 -1.1%
Hawthorne 36 $513,000 $642,000 -20.2%
Hermosa Beach 16 $1,183,000 $1,310,000 -9.7%
Lawndale 10 $385,000 $447,000 -13.9%
Lomita 11 $530,000 $481,000 10.1%
Long Beach 327 $478,000 $414,000 15.3%
Manhattan Beach 41 $2,275,000 $1,940,000 17.3%
Marina Del Rey 18 $1,025,000 $860,000 19.2%
Palos Verdes Estates 28 $1,355,000 $1,400,000 -3.2%
Playa Del Rey 18 $560,000 $546,000 2.6%
Rancho Palos Verdes 56 $1,156,250 $1,044,500 10.7%
Redondo Beach 89 $893,000 $862,000 3.7%
San Pedro  80 $554,000 $481,000 15.1%
Torrance 133 $615,000 $530,000 16%
Westchester 25 $910,000 $854,000 6.6%