Torrance Real Estate Archives – Search for homes

How Do Torrance Buyers Choose a Neighborhood?

November 8, 2018 by Keith Kyle

Just as every community is different…..every home buyer is different as well. A recent survey provided some insight into California home buyers. See what is important to home buyers in Torrance and CA according to a recent CAR survey. Back to home buyer and seller tips.

Here’s some of what home buyers look for when choosing a neighborhood.

25% wanted a home close to friends and family
24% wanted a short commute
20% wanted homes in a specific school district

See the chart below for some other important details when choosing a neighborhood.

Torrance California Home Sales for October 2018

November 8, 2018 by Keith Kyle

October was another solid month for home sales in Torrance with 112 home sales. The average listing price for the month was $748,206 with the average sales price at $744,270. The median list price was $729,000 while the median sold price was at $715,875. The highest sale of the month was $1,750,000 for a 4 bedroom home in South Torrance in the Seaside Ranchos neighborhood at 5006 Sharynne and the lowest priced sale was a condo at $265,000.

See the current homes for sale in Torrance CA

October 2018 Torrance Home Sales

Type		Address	Price	$ per foot	Bed/Bath	Sq Feet	Year Built
SFR/D	1554 W	220th ST	$ 479,000	$ 665.28	1/1,0,0,0	720/A	1924/ASR
SFR/D	1626 W	214th ST	$525,000	$ 713.32	2/1,0,0,0	736/A	1951/ASR
SFR/D	1456 W	223rd ST	$580,200	$ 499.31	3/2,0,0,0	1162/A	1944/ASR
SFR/D	1527 W	213th ST	$585,000	$ 565.76	2/2,0,0,0	1034/A	1940/ASR
SFR/A	1306 W	214th ST	$600,000	$ 364.08	3/2,0,1,0	1648/A	1959/PUB
CONDO/A	1133	Sepulveda Blvd #202	$340,000	$ 427.14	2/1,0,0,0	796/A	1973/ASR
CONDO/A	1127	Sepulveda Blvd #L104	$350,000	$ 408.88	2/2,0,0,0	856/A	1973/APP
CONDO/A	20565 S	Vermont AVE #8	$390,000	$ 402.89	2/2,0,0,0	968/A	1982/ASR
CONDO/A	23314	Marigold AVE #S101	$425,000	$ 398.69	3/2,0,0,0	1066/A	1973/ASR
CONDO/A	22912 S	Vermont AVE #4	$445,000	$ 399.82	3/2,0,0,0	1113/A	1973/ASR
CONDO/A	22919	Mariposa AVE #801	$450,000	$ 381.36	2/1,1,1,0	1180/A	2009/ASR
CONDO/A	874 W	232nd ST	$475,000	$ 348.50	3/2,0,0,0	1363/A	1974/ASR
SFR/D	22922	Doble AVE	$540,000	$ 534.65	3/1,0,0,0	1010/A	1953/ASR
SFR/A	22912	Doble AVE	$575,000	$ 429.10	4/2,0,0,0	1340/A	1953/ASR
SFR/D	21141	Broadwell AVE	$605,000	$ 376.48	3/2,0,0,0	1607/A	1954/ASR
SFR/D	20963 S	Van Deene AVE	$615,000	$ 488.10	3/2,0,0,0	1260/A	1957/ASR
SFR/D	808	Gian DR	$649,000	$ 409.21	4/2,0,0,0	1586/A	1968/ASR
SFR/D	719 W	226th ST	$651,000	$ 269.34	4/3,0,0,0	2417/A	1968/ASR
SFR/D	21430	Marigold AVE	$665,000	$ 358.88	3/2,0,0,0	1853/A	1959/ASR
CONDO/A	24452	Ward ST	$700,000	$ 510.95	3/1,1,0,0	1370/A	1981/ASR
SFR/D	3322	Dalemead ST	$750,055	$ 702.96	3/1,0,0,0	1067/A	1950/ASR
SFR/D	3213	Dalemead ST	$840,000	$ 787.25	3/1,1,0,0	1067/T	1950/ASR
DPLX/D	24240	Ocean AVE	$900,000	$ 348.70	9/4,1,0,0	2581/A	1955/ASR
SFR/D	3200	Newton ST	$1,020,000	$ 447.37	4/2,0,1,0	2280/B	1993/ASR
SFR/D	2849	Windmill RD	$1,059,000	$ 511.10	4/2,0,0,0	2072/A	1975/ASR
SFR/D	25932	Richville DR	$1,305,000	$ 446.00	4/2,0,1,0	2926/A	1956/ASR
COOP/A	3110	Merrill DR #85	$477,900	$ 367.62	2/1,1,0,0	1300/E	1964/ASR
COOP/A	3210	Merrill DR #32	$480,000	$ 342.86	3/1,1,0,0	1400/A	1963/ASR
CONDO/A	2567	Plaza Del Amo#308	$500,000	$ 574.71	1/1,0,1,0	870/A	1985/ASR
CONDO	3520	Maricopa ST #5	$520,000	$ 389.22	2/2,0,1,0	1336/A	1975
TWNHS/A	2800	Plaza Del Amo #266	$655,000	$ 514.53	2/3,0,0,0	1273/A	1988/ASR
TWNHS/A	3508	Del Amo Bl	$700,000	$ 422.45	4/3,0,0,0	1657/A	1974/BLD
TWNHS/A	2300	Maple AVE #231	$780,000	$ 417.78	4/3,0,0,0	1867/A	1987/ASR
TWNHS/A	4312	Spencer ST	$880,000	$ 359.77	3/2,2,1,0	2446/A	1989/PUB
SFR/D	902	Cerise AVE	$892,000	$ 527.19	3/2,0,0,0	1692/A	1951/ASR
SFR/D	2623	Bayport DR	$940,000	$ 370.96	4/2,0,1,0	2534/A	1987/ASR
SFR/D	3708	Michelle DR	$950,000	$ 436.98	4/3,0,0,0	2174/A	1969/ASR
CONDO/A	24410	Crenshaw Bl #211	$265,000	$ 356.66	1/1,0,0,0	743/A	1987/ASR
CONDO/A	22911	Nadine CIR #A	$480,500	$ 430.17	2/2,0,0,0	1117/A	1963/ASR
CONDO/A	23053	Nadine CIR #A	$510,500	$ 457.03	2/2,0,0,0	1117/A	1963/ASR
CONDO/A	22927	Maple AVE	$544,250	$ 562.82	2/2,0,0,0	967/A	1963/ASR
TWNHS/A	2992 W	235th ST	$730,000	$ 450.34	3/3,0,0,0	1621/A	2000/ASR
SFR/D	3735 W	226th ST	$790,000	$ 714.29	3/1,1,0,0	1106/A	1953/ASR
SFR/D	22715	Eriel AVE	$952,702	$ 496.46	4/2,0,0,0	1919/A	1960/ASR
SFR/D	4521	Greenmeadows AVE	$ 1,090,000	$ 699.61	3/1,0,1,0	1558/A	1953/ASR
SFR/D	4625	Paseo De Las Tortugas	$ 1,295,000	$ 810.39	3/1,1,0,0	1598/A	1956/ASR
CONDO/A	3970	Sepulveda Blvd #206	$620,000	$ 413.33	2/2,0,0,0	1500/B	2007/ASR
SFR/D	22939	Ocean AVE	$820,000	$ 554.43	3/2,0,0,0	1479/A	1955/ASR
CONDO/A	22485	Kent AVE	$839,000	$ 406.89	3/3,0,0,0	2062/A	1999/ASR
SFR/D	22621	Susana AVE	$850,000	$1,049.38	3/1,0,0,0	810/A	1952/ASR
SFR/D	3921 W	234th PL	$866,000	$ 513.34	4/2,0,0,0	1687/A	1962/ASR
SFR/D	4713	Vanderhill RD	$890,000	$ 772.57	3/2,0,0,0	1152/A	1956/ASR
SFR/D	23148	Anza AVE	$900,000	$ 585.94	3/2,0,0,0	1536/A	1960/ASR
SFR/D	23430	Evalyn AVE	$1,035,000	$ 449.02	5/1,2,0,0	2305/A	1962/PUB
SFR/D	5006	Sharynne LN	$1,750,000	$ 673.08	4/2,1,0,0	2600/E	1949/ASR
CONDO/A	5500	Torrance BLVD #C323	$615,000	$ 453.54	3/2,0,0,0	1356/A	1990/ASR
CONDO/A	21345	Hawthorne BLVD #101	$665,000	$ 540.65	3/2,0,0,0	1230/A	2005/ASR
SFR/D	5125	Sepulveda BLVD	$785,000	$ 675.56	3/1,1,0,0	1162/A	1955/OTH
SFR/A	4018	TORRANCE	$875,000	$ 506.95	3/2,0,0,0	1726/	1956
SFR/D	21713	Ladeene AVE	$921,000	$ 792.60	3/1,1,0,0	1162/A	1956/ASR
SFR/D	5215	Scott ST	$960,000	$ 541.46	3/1,1,0,0	1773/A	1955/PUB
SFR/D	5109	Beran ST	$961,000	$ 438.61	4/4,0,0,0	2191/A	1955/PUB
SFR/D	21502	Linda DR	$1,000,000	$ 547.05	4/2,0,1,0	1828/A	1955/ASR
TWNHS/A	3727	Emerald ST #B	$600,000	$ 531.91	2/2,0,1,0	1128/A	1987/ASR
SFR/D	5105	Arvada ST	$730,000	$ 421.48	3/2,0,0,0	1732/A	1954/ASR
COMRES/A	3642	Garnet ST	$800,000	$ 148.45	11/7,0,0,0	5389/A	1973/PUB
TWNHS/A	4489	Spencer ST #302	$830,000	$ 405.27	3/2,0,1,0	2048/A	1995/ASR
SFR/D	4765 W	191st ST	$855,000	$ 439.14	4/2,0,0,0	1947/A	1954/ASR
TWNHS/D	20508	EARL ST	$875,000	$ 446.20	3/2,0,2,0	1961/	2004
SFR/D	19905	Mansel AVE	$909,500	$ 649.18	3/1,1,0,0	1401/A	1955/ASR
SFR/D	20015	Saltee AVE	$940,000	$ 654.14	3/2,0,0,0	1437/A	1955/ASR
SFR/D	20019	Mildred AVE	$1,300,000	$ 591.72	4/1,1,1,0	2197/A	1970/ASR
SFR/D	5515	Arvada ST	$1,360,000	$ 486.06	4/4,0,0,0	2798/A	1956/ASR
TWNHS/A	3429 W	171st ST	$499,000	$ 352.40	3/1,0,1,0	1416/A	1974/ASR
SFR/A	18334	FALDA AVE	$573,500	$ 656.93	2/1,0,0,0	873/	1953/BLD
SFR/D	3633 W	177th ST	$580,000	$ 657.60	2/1,0,0,0	882/A	1953/ASR
SFR/D	18327	Elgar AVE	$610,000	$ 690.05	3/1,0,0,0	884/A	1953/ASR
SFR/D	17008	Ermanita AVE	$695,000	$ 630.10	3/1,1,0,0	1103/A	1951/ASR
SFR/D	17108	Glenburn AVE	$700,000	$ 596.25	2/2,0,0,0	1174/A	1948/ASR
SFR/D	18820	Patronella AVE	$705,000	$ 595.94	3/1,0,1,0	1183/A	1953/PUB
SFR/D	16623	Falda AVE	$711,750	$ 564.88	3/2,0,0,0	1260/A	1952/ASR
SFR/D	3621 W	177th Street	$720,000	$ 435.31	3/2,0,0,0	1654/A	1953/ASR
SFR/D	3709 W	180th PL	$750,000	$ 496.03	4/2,0,0,0	1512/A	1953/ASR
SFR/D	16705	Francis CT	$769,000	$ 372.76	4/3,0,0,0	2063/A	1963/ASR
SFR/D	3633 W	181st ST	$795,000	$ 485.35	3/2,0,0,0	1638/A	1953/ASR
TWNHS/D	18512	Roslin AVE	$799,000	$ 392.44	3/4,0,0,0	2036/B	2018/BLD
SFR/D	16815	Fonthill AVE	$815,000	$ 372.32	4/2,0,0,0	2189/	1954
SFR/D	3733	Sandgate DR	$815,000	$ 449.53	4/3,0,0,0	1813/D	1960/ASR
SFR/D	18932	Florwood AVE	$833,000	$ 374.89	5/2,0,1,0	2222/A	1953/ASR
SFR/D	18328	Roslin AVE	$894,000	$ 517.96	4/3,0,0,0	1726/B	1949/ASR
SFR/D	4345 W	190th ST	$985,000	$ 321.90	4/4,0,0,0	3060/A	2006/ASR
TWNHS/A	2052	Artesia	$520,000	$ 448.28	2/2,0,1,0	1160/A	2001/ASR
SFR/A	2603 W	166th PL	$605,000	$ 395.68	4/1,1,0,0	1529/A	1955/ASR
SFR/D	2502 W	170th ST	$625,000	$ 520.83	3/2,0,0,0	1200/A	1955/ASR
SFR/D	2618 W	180th ST	$645,000	$ 338.23	4/3,0,0,0	1907/A	1956/ASR
SFR/D	18902	Haas AVE	$680,000	$ 406.94	3/2,0,0,0	1671/A	1951/ASR
SFR/D	16403	Wilkie AVE	$689,000	$ 662.50	3/1,1,0,0	1040/A	1951/ASR
SFR/D	2418 W	180th PL	$710,000	$ 584.36	3/1,1,0,0	1215/A	1956/ASR
TWNHS/A	17510	Van Ness Avenue #5	$795,000	$ 461.14	3/2,0,2,0	1724/B	2018/BLD
TWNHS/A	17508	Van Ness Avenue #4	$800,000	$ 464.04	3/2,0,2,0	1724/B	2018/BLD
	2454	Del Amo BL		$ 805.00	1/1,0	650/A	1948
TWNHS/A	2160	Plaza Del Amo #178	$560,000	$ 368.42	3/2,0,1,0	1520/A	1979/PUB
TWNHS/A	2714	Cabrillo AVE	$677,500	$ 410.61	2/2,0,0,1	1650/A	2006/ASR
TWNHS/A	813	Van Ness AVE #B	$689,000	$ 490.04	3/3,0,0,0	1406/A	2000/ASR
TWNHS/A	2444	Cabrillo AVE	$695,000	$ 566.42	2/2,0,1,0	1227/D	2018/BLD
SFR/D	1308	Cota AVE	$700,000	$ 628.93	2/1,1,0,0	1113/A	1926/ASR
TWNHS/A	1800	Oak St. #519	$705,000	$ 473.15	2/2,0,1,0	1490/A	2007/ASR
TWNHS/A	1800	Oak ST #103	$760,000	$ 383.84	2/2,0,1,0	1980/A	2007/ASR
SFR/D	23305	Huber AVE	$740,000	$ 439.43	3/2,0,0,0	1684/A	1948/PUB
SFR/D	1846	Reynosa DR	$765,000	$ 467.03	4/2,0,0,0	1638/A	1948/ASR
SFR/D	2218 W	229th PL	$795,000	$ 388.18	3/3,0,0,0	2048/A	1962/ASR
SFR/D	2155 W	235th PL	$927,900	$ 388.89	4/3,0,0,0	2386/A	1974/ASR

5 Mortgage Musts for Torrance CA Homebuyers

September 6, 2018 by Keith Kyle

There are a number of things a buyer needs to do to get a mortgage and the earlier these are done in the process the less stressful the process. Knowing about your financing abilities eliminates many challenges and stresses that may come up in the home buyer process in Torrance and the loan process for any Southern California home. Also see how a change in your rate can greatly impact how much of a home you qualify for. Here are 5 essential steps to successfully navigating the mortgage process:

5 Mortgage Musts

Get pre-approved: In a highly competitive housing market, it’s imperative to be pre-approved to give yourself the best chance of an offer being considered. Most realtors and sellers won’t even consider an offer with financing if a preapproval letter isn’t included.
Choose a realtor that can help mitigate appraisal problems. A good realtor will meet the appraiser with the most current information in hand. As a local real estate expert often knows more than the appraiser, the realtor may have insight and information not readily available to the appraiser.
Know your credit score: It’s not only important to have good credit and know your credit score, but equally important that your credit score stays the same throughout the escrow process. No big purchases, no opening numerous new credit lines and no late or missed payments.
Review the closing disclosure forms or CD. Due to regulations, lenders must provide you with a closing disclosure at least 3 days before closing in order to see fees, details, etc.
Make it through underwriting: Before you get loan clearance and final approval, your mortgage has to go through the underwriting process. Be ready and supply the underwriters with all requested documents quickly to avoid the stress of needing to ask the seller for extra time. Most loan contingency periods are 21 days or shorter so time is of the essence in the loan process.

Torrance Alternative: Remodeled Single Family at 6439 Denmead

September 4, 2018 by Keith Kyle

**UPDATE – This home has sold but there are certainly other opportunities.

6439 Denmead, Lakewood CA

This is the home you have been looking for. From the moment you enter you’re struck by the bright and open concept layout perfect for today’s lifeastyle. The home was recently expanded and extensively remodeled with no expense spared. Enter through the beautiful glass front doors inset with decorative iron and into the expansive living room. You are immediately struck by a sense of space found in only luxury homes. This custom redesign and remodel was inspired by the California lifestyle with open spaces and direct access to the oversize yard and patio with indoor outdoor living in mind.

The living room area opens directly to the kitchen and dining areas as well as the sliders to the backyard. The kitchen is the true showcase of

the home with quartz countertops, gleaming cabinetry, oversized kitchen island, black stainless steel appliances and custom LED lighting. Perfect for entertaining, the kitchen offers plenty of room for family gatherings and neighborhood get togethers. Sliders just off of the dining area make for the easy enjoyment of the great yard and patio areas and make for perfect indoor outdoor living. The huge backyard offers an abundance of space from the large grassy yard to the mature avocado, tangerine, dwarf lemon, dwarf orange, persimmon trees to the raised garden beds.

Priced at $715,000
3 Bedroom + office, 2 1/2 Bath
1,850 Sq Feet
Huge 8000+ foot lot

With no direct neighbors off of the backyard the yard enjoys a fantastic level of privacy. The home offers 3 spacious bedrooms including the beautiful master suite. Enjoying great light with an abundance of windows and doors fronting the yard, the master suite offers the perfect retreat. Dazzling master bath features include dual vanities, separate tub and frameless rain shower. The additional two bedroom face the front of the home allowing great light and airflow with beautiful flooring, large windows and brushed nickel ceiling fans. Hall bath enjoys beautiful tile work, frameless glass shower/tub and more. Additional details in this wonderful home include a separate laundry room, power room off of the living area, large office area, new air conditioning unit, tankless water heater, solar power, and a two car detached garage.

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

As Interest Rates Rise….how Does it Impact Torrance Home Buyers?

August 13, 2018 by Keith Kyle

Many prospective home buyers are concerned with rising interest rates. While the Torrance interest rates in 2018 are still historically very low, the concern is justified. Higher interest rates mean reduced buying power. With every slight rise in interest rates, the monthly payment increases reducing the price of a home that a buyer can qualify for. See the chart below for an idea of how different interest rates impact monthly payment and what a buyer’s income needs to be to qualify.

Historical Interest Rates since 1972

August 13, 2018 by Keith Kyle

Many Torrance CA buyers are concerned with interest rates rising with the Fed making it clear that rates will slowly increats. That’s certainly a valid concern for potential Torrance homebuyers as a higher interest rate means a higher monthly payment which most often means a lower priced home. Taken in historical standpoint the current rates are dramatically lower than at just about any other time. The chart below shows the interest rate on conventional and conforming 30 year fixed rate mortgages. As we’ll see we’ve basically seen rates drop consistently since the high water mark of 16.3% in 1981. It certainly makes todays current rate in the mid 4% range seem pretty enticing.