Torrance real estate and homes for sale
Search for homes in Torrance CA
If you’re looking for a home in the Old Torrance area of Torrance CA, we’ve created a website to give you real estate information specific to this charming and historic part of town. Old Torrance Homes.com has everything real estate.
See information on current homes for sale in Old Torrance, sellers can find the value of their homes, search the MLS and see blog posts for this unique area.
New listing coming in 2018. This fantastic 3 bedroom 2 bath home with almost 1400 square feet has been updated throughout and offers an open floorplan that’s perfect for today’s home buyer. This home offers many impressive features, including a large open living and dining room with recessed lighting and hardwood floors. The remodeled kitchen has quartz counters, great cabinet space ,pantry, breakfast area and stainless steel appliances. The oversized master bedroom features walk-in closets, recessed lighting, newer carpet, direct yard access throuogh the sliders, and a spacious master bath with custom tile, dual vanities and more. Head through the sliding doors, and enter a beautifully landscaped back yard filled with flowers, grassy yard, fruit trees, and spacious patio that is ready for entertaining friends and family. The property located in the great neighborhood area of Torrance with easy access to shops and freeways and walking distance to the famous Galleria Shopping mall. Contact Torrance listing agent Keith Kyle for more information.
October 2017 was a big month for home sales in Torrance with 127 closed sales. Median home prices through all of Torrance CA was $675,000 which was slightly under 7% gain over October 2016. The Torrance market has been extremely busy with prices continuing to rise. The rest of the South Bay saw a mix of year over year increases and decreases. See the Torrance homes that sold in October
| City | Homes Sold | October 2017 Median | October 2016 Median | Year over Year % Change% |
| Carson | 58 | $495,000 | $455,000 | 8.8% |
| El Segundo | 19 | $875,000 | $925,000 | -5.4% |
| Gardena | 43 | $545,000 | $490,000 | 11.2% |
| Harbor City | 17 | $510,000 | $4145,000 | 23% |
| Hawthorne | 50 | $578,000 | $540,000 | 6.9% |
| Hermosa Beach | 21 | $1,414,000 | $2,038,000 | -30.6% |
| Lawndale | 21 | $505,000 | $411,000 | 23% |
| Lomita | 17 | $575,000 | $580,000 | -.9% |
| Long Beach | 322 | $525,000 | $475,000 | 10.5% |
| Manhattan Beach | 28 | $2,875,000 | $2,250,000 | 27.8% |
| Marina Del Rey | 25 | $979,000 | $1,150,000 | 14.9% |
| Palos Verdes Estates | 30 | $1,600,000 | $1,825,000 | -12.3% |
| Play Del Rey | 16 | $665,000 | $635,000 | 4.8% |
| Rancho Palos Verdes | 47 | $1,265,000 | $1,250,000 | 1.2% |
| Redondo Beach | 72 | $1,105,000 | $878,000 | 25.8% |
| San Pedro | 69 | $530,000 | $588,000 | -9.8% |
| Torrance | 127 | $675,000 | $632,000 | 6.9% |
| Westchester | 38 | $1,089,000 | $1,050,000 | 3.7% |
Information is critical in real estate and the right information can help you determine where the market has been and where the market is heading. See the various charts below to view some important real estate statistics such as average sales price in Torrance, number of active v pending listings, etc.
Please note that these propositions are no longer in effect and have been replaced by the information in Prop 19 in 
Calfornia
**Propositions 60 and 90 are Constitutional initiatives passed by California voters. They provide property tax relief by preventing reassessment when a senior citizen sells his/her existing residence and purchases or constructs a replacement residence worth the same or less than the original. They were enacted to encourage a person, age 55 or older to “move down” to a smaller residence. When a senior citizen acquires a replacement property worth less than the original property, he/she will continue to pay approximately the same amount of annual property taxes as before.
When the senior citizen purchases or constructs a new residence, it is not reassessed, if he/she qualifies. The Assessor transfers the factored base value of the original residence to the replacement residence. Proposition 60 originallyrequired that the replacement and the original be located in the same county. Later, Proposition 90 enabled this to be modified by local ordinance. Los Angeles County enacted an ordinance to provide that when the replacement is located in Los Angeles County, the original property may be located in any other California county.
Who Qualifies?If you or your spouse that resides with you are age 55 or older, you may buy or construct a new home of equal or lesser value than your existing home and transfer the trended base value to your new property. This is a one-time only benefit. You must buy or complete construction of your replacement home within two years of the sale of the original property. Both the original home and the new home must be your principal place of residence. A claim must be filed within three years of purchasing or completing new construction of the replacement property. If a claim is filed after the three-year period, relief will be granted beginning with the calendar year in which the claim was filed.
Once you have filed and received this tax relief, neither you nor your spouse who resides with you can ever file again.
The replacement residence must have been purchased or constructed on or after November 5, 1986 if the original was located in Los Angeles County. The replacement residence must have been purchased or constructed on or after November 9, 1988 if the ongmal was located in any other California county. Claims must be filed within three years following the purchase of the replacement residence.
They are distributed at Assessor’s public counters, in Room 225 of the
Kenneth Hahn Hall of Administration, and in district offices. If you need additional information, call (213) 893-1239.
Counties Accepting Prop 90 Transfers:
**much of the information above and some additional information can be found at the County Assessor flyer at https://assessor.lacounty.gov/wp-content/uploads/2015/02/E-20.pdf
Torrance saw a nice jump in home sales with a 154 recorded property sales for August of 2017. Overall the South Bay 
trended up from the previous year in terms of median home prices with only a few local cities seeing a decrease in y over year prices.
Torrance saw a median home price of just under $700,000 and the numbers continue to trend upward. To see all of the home sales in Torrance and the cities below visit our recent home sales page.
| City | Homes Sold |
August 2017 Median |
August 2016 Median |
Year over Year % Change% |
| Carson | 52 | $470,000 | $450,000 | 4.3% |
| El Segundo | 15 | $1,235,000 | $1,075,000 | 14.9% |
| Gardena | 53 | $495,000 | $472,000 | 4.9% |
| Harbor City | 20 | $521,000 | $522,000 | -.2% |
| Hawthorne | 45 | $583,000 | $575,000 | 1.4% |
| Hermosa Beach | 22 | $1,358,000 | $1,723,000 | 21.2% |
| Lawndale | 17 | $460,000 | $498,000 | -7.5% |
| Lomita | 19 | $610,000 | $619,000 | -1.5% |
| Long Beach | 404 | $490,000 | $463,000 | 5.9% |
| Manhattan Beach | 36 | $2,230,000 | $1,815,000 | 22.9% |
| Marina Del Rey | 37 | $940,000 | $1,059,000 | -11.2% |
| Palos Verdes Estates | 37 | $1,545,000 | $1,413,000 | 9.4% |
| Playa Del Rey | 27 | $625,000 | $623,000 | .3% |
| Rancho Palos Verdes | 60 | $1,088,000 | $1,065,000 | 2.2% |
| Redondo Beach | 118 | $975,000 | $969,000 | .6% |
| San Pedro | 78 | $572,000 | $481,000 | 19% |
| Torrance | 154 | $698,000 | $645,000 | 8.2% |
| Westchester | 50 | $1,180,000 | $1,093,000 | 8% |