This ocean-view home in the Point Fermin area of the Palos Verdes Peninsula is perched on the bluffs above Cabrillo Beach. Extensively remodeled in 2011, the custom home has multiple decks and 30 feet of picture windows on two levels that take in picturesque views of the Pacific.
Source: A bluff-top home with an ocean view in San Pedro – LA Times
By Keith Kyle
As a realtor who has been doing this a while, I’ve come to expect a nice increase in houses for sale in mid to late January. As the holidays wrap up, football season ends, and everyone gets back to work, we generally see a nice increase in homes that hit the market. It can often set the tone for much of the year as and abundance of homes early in the year often seems to stabilize the market one way or another. Unfortunately 2015 hasn’t seen that increase as the number of active homes for sale continues to go down at a time when the homes for sale should be going up. It’s still early enough that sellers may yet be holding off for a week or two to put their homes on the market and it would be welcome relief for the home buyers sitting and waiting.
The chart below shows the number of homes for sale represented by the light green bar. As of January 29th there are only 161 homes for sale in all of Torrance.
Well they say a picture is worth a thousand words. If that’s the case this quick video speaks volumes. It’s an absolutely stunning home in a breathtaking location with panoramic views of the ocean, coastline and harbor. For more information visit OceanfrontLuxuryLiving.com or OceanfrontExecutiveRetreat.com
See the full length property video for 4020 Bluff Place
By Keith Kyle
The housing inventory in Torrance, CA is continuing to shrink with the number of available homes for sale decreasing every month since July of 2014. The first half of 2014 saw a month over month increase in the available homes peaking in the busy summer buying season but that momentum didn’t last. The peak month of July saw 232 homes available which has gone down every month since. As of this post there are currently 151 homes currently on the market in the South Bay’s largest city. The chart below shows the monthly numbers for active homes for sale (light green) current escrows (red line) and closed home sales (dark green). Please don’t hesitate to contact us with any questions about the market or to receive an updated list of the current homes for sale.
Update**As of January 25th this home had received 28 offers and were no longer accepting new offers. This wasn’t surprising given the price being so far below market value for this West Torrance neighborhood.
We haven’t seen a price like this in west Torrance in some time and this one is definitely on the radar for many buyers. The home needs 
extensive work but has some great bones and it’s in an ideal location. The price probably eliminates all but the most daring flippers as it probably needs additional square footage and a master bath, but it seems an ideal fit for the owner user that wants to do the rehab work themselves. Other than the bathroom… a coat of paint, refinishing of the hardwood floors (from what we could see they were in great shape under the carpet) and lots of cosmetic love would go a very long way in making the home livable.
One challenge is the very odd somewhat enclosed patio leading off of the side and back of the house. It’s just…well…odd and doesn’t feel like an indoor or outdoor space. It also wasn’t permitted so the simplest solution is probably a sledgehammer.
Click to see the details on 19921 Saltee in West Torrance.
By Keith Kyle
One of the most affordable ways of owning a larger home in one of Torrance’s best neighborhoods may be the townhomes in the Plaza Del Amo area of Central Torrance. There are a number of complexes each with a somewhat different feel and set of amenities, but all are centrally located and offer great square footage at reasonable prices. The gated communities include Springwood, Windsong, Windmere, Summerwind and more. Recently there have been a number of new listings in the various Plaza Del Amo complexes.
Click to see the current homes for sale in the Plaza Del Amo area
