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Search for homes in Torrance CA

Median home prices near $600,000 for August 2014

September 12, 2014 by Keith Kyle

By Keith KyleCraftsman homes in Old Torrance 90501

August was yet another big month for home prices in Torrance and the South Bay with  average home prices continuing to rise and the busy summer season continuing at a fairly torrid pace. Home sales were down from July due to the continuing lack of homes for sale.  Click any city and month below to see the full list of homes sold.  Contact us for more information on any of the homes.

August 2014 saw a total of 117 homes sold, down from 142 in July.  Of the 117 homes sold, 82 were single family homes, 16 were townhomes, and 17 were condos.  In addition there were 9 income properties (duplex, triplex, etc.) sold  as well as.  Of the 117 4 were short sales or foreclosures showing that the foreclosure market continues to dwindle and is a non factor in the current housing market.  The median home price was $600,000 up from $540,000 the prior month.

 

Filed Under: Home Prices, Homes for Sale, Short Sales and Foreclosures, Torrance CA real estate market, Torrance Real Estate, Torrance real estate trends Tagged With: median home prices in torrance, torrance homes for sale, torrance real estate

Paseo De La Playa….The Best Street in the Hollywood Riviera

August 4, 2014 by Keith Kyle

By Keith Kyle

The Hollywood Riviera is one of my favorite areas of the South Bay.  Great views, small town community feel, ocean breezes, and homes that generally fit on the lots make for a feel that you don’t often get in the overcrowded South Bay.  It’s hard to go wrong with any location in this coastal community that lies in both Redondo Beach and Torrance but there’s one street that beats them all. Paseo De La Playa offers bluff top, oceanfront living for the lucky few and enjoys the best of all imaginable views.  The homes enjoy views of Palos Verdes, panoramic ocean views, and coastline views from Redondo Beach all the way to Malibu.  What that makes for is ever changing, always impressive views.  During the day it’s all about the ocean and coastline, but in the evening when colors change, it becomes a fantastic city lights view along the coast.

The lots, as seen below, are huge and usually in the 20,000+ range although may are on leased land often with an option to buyout the lease every few years. Depending on how high on the hill you are (lower elevation homes on towards the left above) there is sometimes direct beach access from the homes which dramatically increases the appeal as “RAT” beach (Right after Torrance) is just below and almost serves as a private beach as access is limited to a fairly long walk from the parking lot.

Hollywood RivieraHomes on this street rarely become available and many are still in fairly original condition with original owners from the 1960s (honestly why would anyone want to move) and range anywhere from the low $3,000,000s- to well into the $4.0M’s for anything remodeled, especially with beach access.

Adding beach access, if not already there, is a huge struggle as it’s tightly regulated by the California Coastal Commission.  The only minor inconvenience to living on Paseo De La Playa is that it’s a moderately busy street and a frequent route for both cars and bicyclists going between Redondo and Palos Verdes.  There is one condo complex at the top of the street called Cote D’Azure with 87 units perched high on the bluff surrounding extensive grounds and pools.  The units are 2 bedrooms generally ranging between 1300-1550 square feet.  Many units do not sit oceanfront and have limited views, while the rare few offer similar views to the SFRs just down the street.

Overall the homes on Paseo De La Playa offer some of the best features imaginable for those looking into the epitome of California coastal luxury living.

For information on current homes contact us or fill in the form below and tell us you’re interested in this wonderful street.

Paseo De La Playa Homes

Filed Under: Buyers, Hollywood Riviera homes 90277, Homes for Sale, Redondo Beach, Torrance Real Estate Tagged With: beachfront homes, hollywood riviera homes, oceanfront homes, Paseo De La Playa....The Best Street in the Hollywood Riviera

Real Estate Micro Market Update – Southwood Torrance

June 17, 2014 by Keith Kyle

Southwood Torrance Real Estate Update

By Keith Kyle

The neighborhood of Southwood in Torrance CA is a fantastic area with tree lined streets with primarily single family homes and a great community feel. Prices in this neighborhood, located just east of Redondo Beach, have seen steady increases since the beginning of 2013 and doesn’t show any signs of slowing down. Here’s a quick recap of the current real estate market conditions in this Torrance neighborhood.

  • Active Southwood Torrance homes for sale – 8
  • Lowest list price – $485,000 – 5500 Torrance Blvd #C121
  • Highest list price – $1,199,000 – 21213 Anza Ave
  • Average list price – $753,713
  • Average price per square foot – $483.68
  • Average Days on Market – 35
  • In escrow – 8
  • Total homes sold in 2014 YTD – 20
  • Average sales price – $627,688
  • Average price per square foot – $474.73

Filed Under: Homes for Sale, Southwood, Torrance Real Estate, Torrance real estate trends, Torrance Realtors, West Torrance homes 90503 Tagged With: 90503, homes for sale, market trends, real estate, southwood, torrance

21213 Anza Ave – Southwood Torrance Home for Sale

June 17, 2014 by Keith Kyle

Currently the highest priced home in the great neighborhood of Southwood is located at 21213 Anza Ave.  The home is described as:

This is a beautiful 2003-2004 remodeled home with over 3500 square feet of living space. The lot consists of 6741 sq ft professionally landscaped with lush fruit trees, yard art and koi pond. The formal living room has 18 foot ceilings with a magnificent wood staircase that ascends to family sitting room. Off the sitting room there are three bedrooms each having its own private bath. The kitchen and great room are the center of this beautiful home with commercial appliances and granite flooring. On the main floor there is one bedroom with private bath.

The home is quite large for the area and has some interesting features but reaching a number of almost $1.2M on the busy street of Anza (although it’s on a service road off of the main street) seems quite unlikely.  Few homes in the area sell for anywhere near this rarified price and all are located in prime locations.

[idx-listing mlsnumber=”PV14078225″ showall=”true”]

Filed Under: Buyers, Homes for Sale, Southwood, Torrance Real Estate Tagged With: 21213 anza, 90503, homes for sale, real estate, southwood, torrance

55+ Condos for Sale in Torrance – 21345 Hawthorne Blvd

May 22, 2014 by Keith Kyle

By Keith Kyle21345_Hawthorne_Blvd_#415_kitchen1 copy

The 55+ community of Village Court is possibly the best location in the nicest complex in the South Bay. This home is absolutely turnkey and features a spacious bedroom, kitchen with granite counters and large island, big views of the pool and spa area as well as wonderful western exposure offering sunset views and cool ocean breezes. Village Court is a 55+ complex built in 2005 offering all of the best amenities including a resort style pool and spa, large outdoor dining and relaxation area, gym, clubhouse with pool table, beautiful lobby and more.

See the current Village Court 55+ condos for sale below

Village Court 55+ senior condo
Village Court pool at 21345 Village Court
Fitness room at Village Court 55+ senior condos at 21345 Hawthorne Blvd
clubhouse and billiards room at Village Court
Village Court Torrance Living Room

Current Condos For Sale in Village Court 55+

Filed Under: 55+ Homes in Torrance, Homes for Sale, Southwood, Torrance Real Estate, Torrance Realtors, Village Court senior condos Tagged With: 21345 hawthorne, 55+, condo for sale, keith kyle, south bay brokers, southwood, torrance ca, village court

Be Wary of Low Quality Home Flips

April 18, 2014 by Keith Kyle

With the South Bay housing market in a frenzy and so many “flipped” homes for sale, buyers need to be very cautious rushing into the purchase of a home based on the beautiful cosmetic updates.  Flipped homes are often originally bank owned or distressed sales in very poor condition and it is usually purchased by investors looking to do the least amount of work to get the greatest return.  Updates are often primarily cosmetic and it is absolutely in the buyers best interest to have a home inspection.    The picture below was a recent home that I saw and in my eyes if they can’t even properly paint the outside this is a pretty good indication that this was done quickly and cheaply.  Buyer beware!

Flipped Homes
This doesn’t mean that many flips were not done very well but heed the warning signs.

Filed Under: Buyers, First Time Buyers, Homes for Sale, Short Sales and Foreclosures, Torrance Real Estate Tagged With: cautious home buyers, distressed homes, flipped homes, flips, foreclosures, low quality flips, upgrades, warning signs

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