Torrance real estate and homes for sale

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Torrance Foreclosures Continue to Dwindle

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By Keith KyleForeclosure-sign

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.

MLS Type   Address Type  Price  Bed/Bath Year
 Sq Ft
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

Torrance CA Home Prices Continue to Rise in December

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By Keith Kyle

The December numbers are in and if there was any thought that the real estate market in Torrance was slowing down or leveling the numbers certainly say otherwise.

The average home price in Torrance for the homes that closed escrow during December was $620,851* with a median price of $619,000*.  Those are big numbers that still shows no sign of slowing or reversing.   See the chart below for the December home sales numbers for Torrance and the South Bay for December of 2015.

*Based on MLS sales only.  Does not include off market sales information

City Homes
Sold		 December
2015 Median		 December
2014 Median		 Year
over Year % Change
Carson  73 $360,000 $365,000 -1.4%
El Segundo 10 $949,000 $735,000 20.2
Gardena 41 $420,000 $385,000 9.1%
Harbor City 15 $483,000 $467,000 9.1%
Hawthorne real estate 35 $508,500 $667,750 -23.8%
Hermosa Beach 24 $1,475,000 $1,360,000 8.5%
Lawndale 13 $420,000 $415,000 1.2%
Lomita 16 $520,000 $490,000 6.1%
Long Beach 339 $456,000 $395,000 15.4%
Manhattan Beach homes 34 $2,184,000 $1,689,000 29.3%
Marina Del Rey 31 $905,000 $759,000 19.2%
Palos Verdes Estates 29 $1,456,000 $1,150,000 26.7%
Playa Del Rey 17 $605,000 $482,000 25.5%
Rancho Palos Verdes 48 $1,170,000 $1,135,000 3.1%
Redondo Beach 89 $836,250 $770,000 7.3%
San Pedro 72 $517,500 $492,000 5.2%
Torrance 122 $619,000 $562,000 10.1%
Westchester 34 $951,000 $807,500 17.8%

See the Homes That We Have Sold in Southern California

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By Keith Kyle

We are so fortunate to have worked with so many wonderful people and in such a great area.  It just doesn’t get much better.  See the map below to view all of our local home sales. Although we’ve sold more homes in Torrance and Redondo, we have been lucky enough to sell throughout the area, from Santa Monica to Huntington Beach. Many of these were first time buyers and are now happy homeowners. The red marks are home sales in which I represented the buyer, the orange marks represent homes that I listed, and the blue marks represent homes in which I represented both buyers and sellers.  Click on the marks to see pictures of the various homes and properties.

You can also see the interactive map of our South Bay home sales on Google.

Homes of all shapes and sizes for sale in Victoria Knolls

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By Keith KyleTorrance homes for sale

Victoria Knolls is a small, and somewhat, unknown neighborhood in the Walteria section of Torrance.  It also happens to be one of my favorite neighborhoods.  With one way in and one way out, and sitting high on the hill the neighborhood offers a great community feel with quiet streets, appropriate sized homes (most of the time) and many homes offer great views of the city.  As of this article there are currently 4 homes available in this area which is a rarity.  The homes range in price from the high $600,000s to over $1,000,000 for something updated with a view.

Current Victoria Knolls Homes for sale

711 Acacia – Duplex for Sale in Historic Old Torrance

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**Please note that this duplex has sold.  View the current multi unit investment properties in Torrance to see the latest and current listings.

Coming to the market in October, this wonderful duplex property sits on an oversized lot and a great residential neighborhood.  Each unit offers two spacious bedrooms and 1 bath.  Both offer hardwood floors, large kitchens, in unit laundry, and each has a private backyard.  This corner lot is located near shopping, dining, schools, parks and has a great community feel and a great sense of pride of ownership.  Contact listing agent Keith Kyle at 310.251.2344 or keith@keithkylehomes.com for more information.

711 Acacia Torrance duplex

 

Sotheby’s International Realty Expands Presence in South Bay

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Sotheby’s International Realty Affiliates LLC today announced that Vista Sotheby’s International Realty in Palos Verdes and Redondo Beach, California, has merged with well-known local real estate brokerage, South Bay Brokers, with four offices across the South Bay market in Los Angeles County. The combined company will operate as Vista Sotheby’s International Realty, with six offices …

Source: Sotheby’s International Realty Brand Expands Presence in South Bay Region of Los Angeles County – Sotheby’s International Realty | Blog