January 5, 2015October 15, 2024

Flipped Homes Becoming Commonplace in North Torrance

By Keith Kyle

You don’t have to look far to see that investor owned “flipped” houses are a significant portion of the active home listings in North Torrance. Investors have long sought out homes in this area as many homes, most built post WWII in the late 1940’s and 1950’s, have not been updated in any significant way but are usually well built and structurally in good shape. Those factors, along with great schools and highly sought after neighborhoods, have made North Torrance a fairly ideal market with low inventory and prices on the rise since early 2013. Gone are the days of distressed sales and short sales, so the margins have grown much tighter but given the demand, expect to see an abundance of remodel and flipped property in 2015. Below are just a few of the recent flips but there are certainly others and will be more coming to the market. Contact us about any of these homes, to find out about upcoming remodels or to look for potential investment/”as is” opportunities.

in Buyers, First Time Buyers, Flipped Homes, Homes for Sale, North Torrance West, Real Estate Trends, Remodeled Homes, Torrance Real Estate Posted by Keith Kyle

Torrance Sees Gain in Home Prices for November 2014

It’s clear that the real estate market slowdown for the holidays didn’t start in November. At least not for the number of home sales and home prices in Torrance CA. Torrance posted another strong month with 99 sold homes at a median price of $575,000. To see the homes that sold in November visit our South Bay monthly home sales site.

City	Homes Sold	November 2014 Median	November 2013 Median	Year over Year % Change
Carson	44	$385,000	$337,500	14.07%
El Segundo	7	$853,000	$710,000	20.14%
Gardena	36	$394,000	$366,000	7.65%
Harbor City	16	$450,000	$343,750	30.91%
Hawthorne	35	$436,250	$465,000	-6.18%
Hermosa Beach	12	$1,050,000	$1,089,000	-3.58%
Lawndale	12	$432,500	$320,000	35.16%
Lomita	13	$490,000	$400,000	22.50%
Long Beach	262	$380,000	$365,000	4.11%
Manhattan Beach	40	$1,900,000	$1,987,000	-4.38%
Marina Del Rey	32	$822,100	$1,000,000	-17.79%
Palos Verdes Estates	21	$1,860,000	$1,300,000	43.08%
Playa Del Rey	18	$519,750	$525,000	-1.00%
Rancho Palos Verdes	34	$935,000	$1,010,000	-7.43%
Redondo Beach	66	$790,000	$720,000	9.72%
San Pedro	47	$462,000	$422,500	9.35%
Torrance	99	$575,000	$517,000	11.22%
Westchester	27	$805,000	$749,000	7.48%

in Real Estate Market, Real Estate Trends, Torrance Real Estate Posted by Keith Kyle

October 28, 2014October 15, 2024

340 Via Colusa – Estate Home for Sale in the Hollywood Riviera

**Update**This is an older post and this home sold in 2014 and is no longer for sale. Click here to see the current listings and homes for sale in the Hollywood Riviera.

340 Via Colusa Redondo Beach

Welcome home to one of the most beautiful homes in all of the Hollywood Riviera in Redondo Beach

This gorgeous family home in the Hollywood Riviera was designed by renowned architect Louie Tomaro. From the moment you enter you’re surrounded by luxurious touches. The double door leads to a beautiful foyer. The downstairs suite with private bath is perfect for guests or to use as a somewhat detached office. Upstairs features 4 additional bedrooms each with it’s own private bathroom. This stunning Tuscany-style home includes luxurious touches and high end finishes throughout. The gourmet kitchen includes stainless steel appliances, cherry wood cabinetry and opens to the dining room and family room for a casual, yet elegant feel. The master bedroom suite includes a walk-in closet and private bath area. A balcony off the family room lets you take in the city light views and cool ocean breezes. Kolbe & Kolbe windows and doors, and cherry hardwood floors lend an elegant touch throughout. Sitting on a large lot, this home also features a spacious and private side patio as well as a very sunny backyard and patio area. The huge fenced-in front yard with remote control-ready arched gates give this residence an estate-like feel. Enjoy the close proximity to the beach, Riviera Village, Riviera Elementary and the Palos Verdes walking trail. Contact listing agent and Redondo Beach luxury home specialist, Keith Kyle at 310-251-2344 or Keith@KeithKyleHomes.com for more information and to arrange a private showing.

340 Via Colusa, Redondo Beach CA 90277
Built in 2004
5 Bedrooms, 5 ½ Baths
2,560 Square Feet
7543 Foot Lot

Hollywood Riviera homes for sale - 340 Via Colusa

in Hollywood Riviera, Homes for Sale, Luxury Homes, Pocket Listings, South Bay Brokers, Torrance Real Estate, Torrance Realtors Posted by Keith Kyle

pool and spa at 21345 Hawthorne Blvd Village Court

October 20, 2014October 16, 2024

2 Great Condos for sale in 55+ Village Court Torrance

**Update**please note that this is a post from 2014 and these homes are no longer for sale. Click here to see the current condos for sale in the 55+ senior condo complex of Village Court at 21345 Hawthorne Blvd.

Village Court, located at 21345 Hawthorne Blvd in the great area of Southwood Torrance may just be the nicest 55+ complex in the South Bay. Located in a great part of Torrance, with an abundance of shopping and dining options just a short distance away, Village Court offers resort style living.

View the Current Village Court Homes for Sale

Amenities include a fitness center, clubhouse with billiards and social areas, a fantastic pool and entertainment deck with a sparkling pool and spa, outdoor dining areas, fireplaces, and BBQ areas. Having been built in 2005, the complex and condos still feel very new and have the latest features such as open kitchens, granite counters, and more.

in 55+ Homes, Buyers, Homes for Sale, Southwood, Torrance Real Estate Posted by Keith Kyle

October 19, 2014October 16, 2024

Oh How Torrance Home Values Have Changed

By Keith Kyle

I received an odd phone call yesterday from a potential buyer that said she had been given a real estate flyer for a listing at 16808 Delia in North Torrance. She said it was a well priced short sale and it was. The only problem was that I sold this house at the beginning of 2012. It had been a while since I thought of this house and upon pulling up the old listing I struck me just how dramatically the market has changed since then. It was a very nice home, with a great yard and pool but unfortunately the owners were struggling and had to do a short sale. We listed the home at $520,000 and it closed at $502,000.

What would it sell for now?

It would be just about impossible to find any single family home in that neighborhood, regardless of condition and size for that price in the North Torrance Homes current market. That home that sold only 2 years ago would now sell for at least $750,000 which is simply incredible. The speed with which the real estate market in Torrance and the South Bay was stunning and the changes to value equally unbelievable.

How Quickly we forget?

Another aspect of all this that struck me was just how short our memories can be. Just 2 years ago there were so many homes with great prices and most buyers thought it would continue and go even lower. These days the poor buyers that didn’t buy are priced completely out of neighborhoods that would have been very affordable. The thought now is that it of course can only continue going up, but is that really the reality and has that much changed? It’s certainly a great time to be a home seller, but not necessarily a great time to be a buyer.

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in Buyers, Home Prices, Real Estate Market, Real Estate Trends, Short Sales and Foreclosures, Torrance Real Estate Posted by Keith Kyle

October 19, 2014October 15, 2024

Torrance CA Real Estate Map – Search for Homes

Welcome to our Torrance CA Real Estate Map and Home Search

Torrance, California is a big city and it’s neighborhoods and areas vary considerably in the types of homes, feel of the neighborhood, and home prices.

As realtors, we search for homes by neighborhood so that we can best assist our clients to find the right type of homes in the right areas. Below is a map used by realtors and used in MLS home searches. The numbers coincide with the areas that we use to search and each has it’s differences and similarities. The three areas that often cause confusion are area 128 the Hollywood Riviera and areas 122 and 123, Harbor Gateway and County Strip.

Much of the Hollywood Riviera actually has Redondo Beach, 90277, zip codes but the area is actually part of Torrance and services and schools are Torrance. The County Strip and Harbor Gateway areas actually have Torrance zip codes but are serviced by the city of Los Angeles. It’s distance from the beach, proximity to commercial and industrial, and the schools being LA Unified makes the homes significantly less expensive then the city of Torrance areas.

The Neighborhoods of Torrance CA

Search Homes in Torrance Neighborhoods


All Torrance Homes	West Torrance	Southwood

Hollywood Riviera	Central – Plaza Del Amo	Old Torrance

Walteria & Victoria Knolls	North Torrance	South Torrance

South East Torrance	Harbor Gateway	Redondo Beach