Torrance Foreclosures Continue to Dwindle

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

By Keith KyleSold Sign Torrance

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 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 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%
Keith Kyle home sales

See the Homes That We Have Sold in Southern California

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.

Keith Kyle home sales

West Torrance real estate map

Neighborhood Spotlight – West Torrance

By Keith Kyle

Sitting just east of Redondo Beach and little further than a mile from the beach, West Torrance is a fantastic South Torrance Homescommunity with tree lined streets, award winning neighborhood schools that are often within walking distance, loads of great parks and all just a short drive to the beach.  Bordered by 190th to the north it enjoys mild coastal weather, proximity to shopping and dining, and has a wonderful community feel.

See the current homes for sale in West Torrance 90503

The homes in the area are generally 3 bedroom 1200 feet single family homes that are remodeled or updated and built in the 1940’s and 50s.  Unlike some of the nearby communities such as Manhattan and Hermosa Beach in which “mansionization” has become a big problem, west Torrance still retains much of it’s original charm and feel with the majority of the homes being appropriately sized for the lots.  Lot sizes range from around 5000 feet to larger 8000+ foot lots and all are highly sought after.  Prices have skyrocketed in the past several years with smaller 3 bed/1 bath homes nearing the low $700,000 with updated and expanded (many of the homes added a living room and bath in the distant past giving many homes square footage ranging between 1400 and 1700 feet) homes selling in the lower to mid $800,000s.  Although only 4 homes sold in November 2015 the average sales price was a whopping $951,000.

West Torrance real estate map

The many appealing factors to west Torrance are the numerous parks including Entradero, La Romeria, Sunnyglen and Victor, the fantastic schools of the Torrance Unified system including Lynn Middle School, Towers and Victor Elementary and West Torrance High School.  West High was even named to the Newsweek 500 top public high schools in the country.

Homes of all shapes and sizes for sale in Victoria Knolls

By Keith KyleHomes for sale in Torrance CA

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 homes for sale in Victoria Knolls

Torrance townhomes - 18039 Amie Ave

See 18309 Amie Avenue – Beautiful Detached townhome for sale in Torrance CA

Immaculate detached townhome in this great north Torrance location.  This home looks and feels like it is brand 18309_Amie_Ave_living2 copynew.  Enter into a formal living room/sitting area with gleaming hardwood floors.  Lower level offers formal and casual areas with a huge family room open to the entertainers kitchen with granite countertops, contemporary cabinets and stainless appliances.  Living room opens directly to the back yard patio area perfect for summer BBQs.  All 4 spacious and bright  bedrooms are upstairs.  Master suite offers an abundance of space, beautiful bathroom with jacuzzi tub and separate shower, custom tile and more.  Master also offers and enormous walk in closet as well.  This is unlike anything on the market.  Listed by Torrance real estate specialist Keith Kyle with South Bay Brokers

Source: See 18309 Amie Avenue – Beautiful Detached townhome for sale in Torrance CA

 

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