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Torrance real estate and homes for sale

Keith Kyle - Vista Sotheby's International

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.

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

Torrance has a beach? Learn About This Great Stretch

July 11, 2014 by Keith Kyle

By Keith Kyle

If you look at a map of the South Bay it certainly appears that Torrance lies just east of Redondo Beach and the closest point to the ocean is a mile or two.  That’s not the case as the Hollywood Riviera, with it’s Redondo zip code and mailing address, is actually the city of Torrance with Torrance schools, services, and more.  Included in this small area is actually a beach affectionately known as “RAT” Beach.  It’s not as bad as it sounds as it actually is short for Right After Torrance but either way it’s a beautiful, yet short, stretch of coastline unlike anything Queens Necklace Views in the South Bayin the neighboring cities of Redondo, Hermosa, and Manhattan.  Torrance Beach sits below the bluff of the Hollywood Riviera and those willing to walk just a bit get a great and somewhat private beach with views of Palos Verdes to the south and the more widely known Beach Cities to the north.  Torrance Beach basically starts where the Esplanade of Redondo turns into Calle Miramar at the start of the Hollywood Riviera.

Filed Under: Activities, Hollywood Riviera homes 90277, Just for Fun, Torrance Real Estate Tagged With: hollywood riviera, rat beach, secret beach, torrance, torrance activities, torrance beach

Torrance Real Estate Explained – Hillside Overlay

May 5, 2014 by Keith Kyle

By Keith Kyle

Home with "flags" marking outline of proposed addition
Home with “flags” marking outline of proposed addition

A few of the many benefits of living near the beach are the wonderful ocean views and ocean breezes that make life here so unique.  These ocean views have immeasurable value from both a quality of life aspect as well as a significant monetary impact.  In many of the South Bay cities these views are unprotected and it’s not rare for a home’s stunning ocean views to disappear when the one story home next door gets torn down and new and much larger home replaces it.

Certain areas of Torrance are the exception. Primarily found in the Hollywood Riviera and Seaside Ranchos neighborhoods the city has incorporated much stricter building guidelines known as the “Hillside Overlay” area.  (see map below)

See the homes currently for sale in the Hollywood Riviera

In 1977, the Hillside Overlay Area was established in Torrance, CA in order to address issues concerning building, remodeling, and protecting views and privacy.  All new construction (meaning both new homes and expansions on current structures) are subject to review and input by neighbors including “flagging”  where a mock up of the future structure are marked with plastic flags  to approximate the outlines of any proposed addition to the structure prior to permit approval so that neighborhood input may be obtained.

Torrance Municipal Code Excerpt (Hillside Overlay)

The basics of the hillside overlay are as follows:  Upon receipt of the complete application, the Community Development Director shall set a date, time and place for a public hearing thereon as soon as practicable and shall send notice thereof to the owners of land included within a three hundred (300) foot radius of the exterior boundaries of the land for which the permit is sought

No construction and no remodeling or enlargement of a building or structure shall be permitted unless the Planning Commission (or the City Council on appeal) shall find that the location and size of the building or structure, or the location and size of the remodeled or enlarged portions of the building or structure, have been planned and designed in such a manner as to comply with the following provisions:

  1. The proposed development will not have an adverse impact upon the view, light, air and privacy of other properties in the vicinity;
  2. The development has been located, planned and designed so as to cause the least intrusion on the views, light, air and privacy of other properties in the vicinity;
  3. The design provides an orderly and attractive development in harmony with other properties in the vicinity;
  4. The design will not have a harmful impact upon the land values and investment of other properties in the vicinity;
  5. Granting such application would not be materially detrimental to the public welfare and to other properties in the vicinity;
  6. The proposed development will not cause or result in an adverse cumulative impact on other properties in the vicinity.

Torrance Hillside Overlay

 

Filed Under: Buyers, Hollywood Riviera homes 90277, Seaside Ranchos, Sellers, South Torrance, Torrance CA real estate market, Torrance Real Estate Tagged With: flagging, hillside overlay, hollywood riviera, ocean views, protecting ocean views, seaside ranchos, torrance

Welcome to Torrance Real Estate and Homes for Sale

April 17, 2014 by Keith Kyle

By Keith Kyle

Welcome to Torrance real estate.  We have strived to offer the very best information and home search features on a local website designed specifically for Torrance home buyers and sellers.  As local Torrance and Redondo Beach real estate specialists we understand how unique Torrance is and how different and distinct the various areas can be.  From oceanfront homes in the Hollywood Riviera, to duplex and income properties in the County Strip area…..we can help.  Search for homes with our free Torrance MLS access or allow us to do the hard work for you with our FREE daily listing updates and know about new homes first.  Our website offers information on real estate markets and trends in each neighborhood, recent home sales and prices, current off market homes and MLS listings, short sales and foreclosures and information for home sellers to find out what their Torrance home is worth and how we have been so successful at marketing and selling homes in the area.  We hope that our website is a great place to start for all of your Torrance real estate needs.  Contact us as any time for questions or more information.

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Current homes for sale in Torrance California


Click any MLS number above for details and photos of the home.

Filed Under: Buyers, Central Torrance 90503, County Strip, County Strip and Harbor Gateway, First Time Buyers, Hollywood Riviera homes 90277, Homes for Sale, Listing Agents, Luxury Homes, North Torrance West, Old Torrance, Plaza Del Amo, Pocket Listings, Seaside Ranchos, Sellers, Short Sales and Foreclosures, South Torrance, Southwood, Torrance CA real estate market, Torrance Real Estate, Torrance real estate trends, Torrance Realtors, Victoria Knolls, Walteria, West Torrance homes 90503 Tagged With: hollywood riviera, home prices, home search, home values, homes for sale, mls search, new listings, real estate, search for homes, torrance, torrance realtors

Hollywood Riviera Real Estate Market Trends

January 26, 2014 by Keith Kyle

When buying or selling homes in the Hollywood Riviera neighborhood of Torrance and Redondo Beach, knowing and understanding the real estate market is critical to making the right decision. Real estate trends can help determine current values or even when the appropriate time to list and sell your Hollywood Riviera home. The information below is intended to help you get a better understanding of what is happening in the market.

The chart below shows the number of active listings (light green) sold homes (dark green) and pending home sales (red line) The greater the discrepancy between active homes and sold homes indicates a buyers market and when the numbers are closer a sellers market is indicated as inventory is down.


The chart below shows the average price per square foot. Square footage in the South Bay often doesn’t mean as much as in other markets as values can vary so dramatically due to things such as proximity to the beach, views, specific neighborhoods.

The chart below shows the average days on market per month as well as the % of list price that homes sold at. A high % indicates a sellers market as home sell at, or above list price.

The chart below shows the average price for listed home sales in relation to the average price for sold homes.

The chart below indicates the months of home inventory based on closed home sales. Buyer’s market: more than 6 months of inventory Seller’s market: less than 3 months of inventory Neutral market: 3 – 6 months of inventory

Filed Under: Buyers, Hollywood Riviera homes 90277, Torrance CA real estate market, Torrance Real Estate, Torrance real estate trends Tagged With: active listings, current home prices, days on market, hollywood riviera, market trends, months of inventory, redondo beach, sold homes, torrance

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