There has always been some concern and confusion about lead based paint in California and what it means for buyers, sellers, landlords and tenants. Things have recently been clarified and we hope that the information below is helpful.
Torrance Home Sales and Median Home Prices for September
September was another busy month in South Bay Real estate with a strong number of home sales along with some impressve prices. Torrance recorded 126 property sales with a median home price of just under $730,000. The lowest sale of the month was a sharp 1 bedroom condo on Sepulveda for $269,900 with the high sale of the month being a beautiful 4600 foot single family home in the Seaside Ranchos/Christmas Lights area which sold at $2,400,000. To see all of the homes sold in the South Bay in September visit our recent home sales page.
| City | Homes Sold | September 2017 Median | September 2016 Median | Year over Year % Change% |
| Carson | 55 | $511,000 | $462,000 | 10.5% |
| El Segundo | 9 | $1,130,000 | $840,000 | 34.5% |
| Gardena | 48 | $475,000 | $444,000 | 7.1% |
| Harbor City | 22 | $553,000 | $465,000 | 19% |
| Hawthorne | 46 | $595,000 | $558,000 | 6.6% |
| HermosaBeach | 12 | $2,150,000 | $1,449,000 | 48.4% |
| Lawndale | 15 | $490,000 | $479,000 | 2.3% |
| Lomita | 12 | $576,000 | $593,000 | -2.9% |
| Long Beach | 326 | $520,000 | $478,000 | 8.8% |
| Manhattan Beach | 38 | $1,877,000 | $2,200,000 | -14.7% |
| Marina Del Rey | 24 | $933,000 | $900,000 | 3.7% |
| Palos Verdes Estates | 43 | $1,600,000 | $1,4023,000 | 14.1% |
| Playa Del Rey | 17 | $753,000 | $538,000 | 39.9% |
| Rancho Palos Verdes | 52 | $1,250,000 | $1,035,000 | 20.8% |
| Redondo Beach | 86 | $1,021,000 | $1,035,000 | 20.8% |
| San Pedro | 71 | $558,000 | $534,000 | 4.7% |
| Torrance | 126 | $728,000 | $648,000 | 12.4% |
| Westchester | 25 | $1,140,000 | $890,000 | 15.2% |
Suddenly the Whole Street is On Sale – Camino De Encanto in the Hollywood Riviera
By Keith Kyle
It’s not often that we see homes come on the market in the lower Hollywood Riviera neighborhood that’s west of Palos Verdes Blvd. Occassionally we see a home or two and more often than not, there is nothing on the market in this area.
That certainly couldn’t be further from the case at the moment as there are 4 homes for sale on Camino De Encanto in the Hollywood Riviera.
There are current 4 homes on the market and all are within a 1/2 block. This is pretty unheard of an probably not ideal for any of the homes as when buyers have options….they want to negotiate.
New Real Estate Website for the Hollywood Riviera
We’ve created a new website geared specificially to the Hollywood Riviera area of Torrance. The Hollywood Rivera is one of our favorite areas in all of the South Bay with great views, proximity to the beach, ideal weather, a wonderful neighborhood feel, and somewhat restrictive building codes keeping the homes appropriate for the lot sizes and protecting the views.
To see real estate and homes for sale in the Hollywood Riviera visit out new real estate website.
Torrance Median Home Prices for February 2016
By Keith Kyle
Torrance, CA and the South Bay saw another strong month for home prices although a few cities saw big percentage drops in average home prices. Those numbers, especially in smaller cities, or in a month with fewer home sales, don’t really mean much, but taken over times gives a good indication as to what is happening in the local Torrance real estate market.
Torrance had a slightly lower than average month with 85 home sales,with median home prices in the mid $500,000’s.
| City | Homes Sold |
February 2016 Median |
February 2015 Median |
Year over Year % Change% |
| Carson | 38 | $420,000 | $395,000 | 6.2% |
| El Segundo homes | 11 | $1,109,000 | $815,000 | 36% |
| Gardena | 38 | $410,750 | $334,000 | 23% |
| Harbor City | 10 | $527,500 | $393,000 | 34.2% |
| Hawthorne homes for sale | 30 | $483,000 | $450,000 | 7.4% |
| Hermosa Beach homes | 17 | $1,225,000 | $1,512,500 | -19% |
| Lawndale | 8 | $431,000 | $415,000 | 3.9% |
| Lomita | 11 | %505,000 | $326,000 | 55% |
| Long Beach | 238 | $461,000 | $409,000 | 12.7% |
| Manhattan Beach real estate | 22 | $1,795,000 | $2,361,000 | -24% |
| Marina Del Rey | 25 | $864,000 | $1,335,000 | -35% |
| Palos Verdes Estates | 33 | $1,403,000 | $1,300,000 | 7.9% |
| Playa Del Rey | 10 | $626,000 | $710,750 | 6.9% |
| Rancho Palos Verdes | 26 | $1,110,000 | $1,039,000 | 6.9% |
| Redondo Beach | 45 | $869,750 | $812,000 | 7.1% |
| San Pedro | 33 | $505,000 | $416,000 | 21.4% |
| Torrance | 85 | $565,000 | $544,000 | 4% |
| Westchester | 21 | $917,000 | $820,000 | 11.8% |
Torrance Foreclosures Continue to Dwindle
By Keith Kyle
Torrace continues to see a decline in distressed home sales with only 5 actve short sales and no current bank owned homes or REO listings. With property values continuing to rise and now that we’re beyond peak prices, the ability for distressed homeowners to sell for a profit (or not at a loss) has limited the foreclosure market to a trickle. View the current distressed home sales in Torrance CA. Contact realtor and Torrance specialist Keith Kyle for information on the market or any of the homes below. To see foreclosures in other South Bay cities, visit our South Bay and Beach cities foreclosures page.
| SB14227234 | SFR/D | 22925 | Alexandria AV | SPAY | $ 360,000 | 3/1,0,0,0 | 1955/ASR | 867/A |
| PV15199285 | CONDO/A | 3120 | Sepulveda BL #211 | FOR, NOD, SPAY | $ 299,000 | 2/2,0,0,0 | 2002/EST | 727/E |
| SR15258736 | TWNHS/A | 4325 W | 182nd ST #18 | SPAY | $ 449,999 | 2/2,0,1,0 | 1980/ASR | 1398/A |
| 15933447 | TWNHS | 18239 | VAN NESS AV #301 | SPAY | $ 414,000 | 3/1,1,1,0 | 1964 | 1321 |
| SB15017245 | SFR/D | 1951 W | 235th ST | SPAY | $ 620,000 | 3/1,1,0,0 | 1964/ASR | 1575/A |
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