Torrance real estate and homes for sale
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Happy new year to our friends and clients in the wonderful city of Torrance all of the South Bay. While it was a tough year for just about everything else, it was a great year for home sales and home prices in one of the South Bay’s great communities.
From all of us at Torrance Real Estate and Homes, Vista Sotheby’s International and Torrance realtor and area specialist Keith Kyle, we wish you a very happy and safe 2021!
Welcome to real estate in Torrance CA and the South Bay. Vista Sotheby’s offers the local knowledge of some of the top realtors in Torrance, combined with the global reach of real estatest premier brand.
In 2015 Vista Sotheby’s International merged with top local brokerage South Bay Brokers to create the preeminent real estate brand in the Beach Cities, South Bay and Palos Verdes.
View the current Vista Sotheby’s listings and homes for sale in Southern California.
Luxury real estate deserves a luxury brand. Sotheby’s International is the quintessential brand for all things luxury and Vista Sotheby’s International Realty brings that level of knowledge and service to the South Bay real estate market. With 8 offices throughout the area we can help with all of your real estate needs. We believe that every home should be marketed like a luxury property. Learn more about one of Vista Sotheby’s top realtors Keith Kyle.
2501 N Sepulveda Blvd
Manhattan Beach, CA 90266
Phone: 310.251.2344
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See the current homes for sale in Manhattan Beach CA
200 Pier Avenue
Suites 305 & 306
Hermosa Beach, CA 90254
Phone: 310.251.2344
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See the current homes for sale in Hermosa Beach CA
3300 Highland Ave
Manhattan Beach, CA 90266
Phone: 310.251.2344
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See the current El Porto and North Manhattan Beach homes for sale
916 Manhattan Ave
Manhattan Beach, CA 90266
Phone: 310.251.2344
See the current listings near downtown Manhattan
1801 S Catalina
Redondo Beach, CA 90277
Phone: 310.251.2344
See the current listings in the Hollywood Riviera
35 Peninsula Center
Rolling Hills Estates, CA 90274
Phone: 310.251.2344
See the current Palos Verdes Homes for Sale
1144 Highland
Manhattan Beach, CA 90266
Phone: 310.251.2344
See the current homes near downtown Manhattan Beach
16 Malaga Cove Plaza
Palos Verdes Estates, CA 90274
Phone: 310.251.2344
From Torrance Real Estate, Vista Sotheby’s International and realtor Keith Kyle, we wish you a very happy Labor Day weekend. Stay safe and stay cool….it’s going to be a hot one!!!
While the homes in the Hollywood Riviera have a Redondo Beach mailing address they’re actually residing in the city of Torrance….which means Torrance has beachfront homes (and a beach….but that’s another topic)
One notable sale was the oceanfront home located at 529 Paseo De La Playa. This oceanfront “project” home just closed escrow at $5,650,000 and has all the makings of a real legacy type property. It’s likely to get a major overhaul but it’s a special property for sure.
View the current houses for sale in the Hollywood Riviera
The two story single family home was a very clean but still fairly original with popcorn ceiling, wood paneling and more. It had clearly been well maintained and had a great, and fairly rare flat yard overlooking the ocean and they had recently done a major project to shore up the hill and had created a trail to the beach which is no small task and approval from the California Coastal Commission can take years and years if approved at all.
Listing courtesy of Hal Licht & Howard Wood – Vista Sotheby’s International
One of our absolute favorite locations in all of the South Bay is Paseo De La Playa along the bluffs of the Hollywood Riviera. There are a very
limited number of homes here and it’s truly a showcase location.
This is an unbelievable location as the lots/homes are not only oceanfront but the lots are huge and extend all the way down to the beach. As 425 Paseo De La Playa is one of the lower homes the slopes is a bit more mild and they’ve been able to build a path down to the beach (which is a VERY challenging step for homes without a path as it require California Coastal approval….which they don’t do). The home at 425 is on a 28,000+ foot lot! Pretty unheard of in the South Bay and certainly unheard of for a beachfront home.
Want an even easier way to search for oceanfront homes in the South Bay and Palos Verdes? Tell us just a bit about your ideal home and we’ll customize a search just for you and send you email alerts whenever a new home hits the market. Never miss a new listing in the Hollywood Riviera again.
Contact Redondo Beach realtor Keith Kyle with Vista Sotheby’s International for more information.
Listing provided by Strand Hill Christies International Real Estate
Take a look at the charts below to get a better understanding of what’s happening in the Torrance real estate market. We hope that getting an awareness of what the real estate market has been doing for the past 18 months can help make you a knowledgeable home buyer or seller in this great city. See the current homes for sale in the various neighborhoods of Torrance.
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