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The neighborhood of Southwood in Torrance CA is a fantastic area with tree lined streets with primarily single family homes and a great community feel. Prices in this neighborhood, located just east of Redondo Beach, have seen steady increases since the beginning of 2013 and doesn’t show any signs of slowing down. Here’s a quick recap of the current real estate market conditions in this Torrance neighborhood.
The 55+ community of Village Court is possibly the best location in the nicest complex in the South Bay. This home is absolutely turnkey and features a spacious bedroom, kitchen with granite counters and large island, big views of the pool and spa area as well as wonderful western exposure offering sunset views and cool ocean breezes. Village Court is a 55+ complex built in 2005 offering all of the best amenities including a resort style pool and spa, large outdoor dining and relaxation area, gym, clubhouse with pool table, beautiful lobby and more.
One of the best kept secrets in all Torrance and the South Bay is the neighborhood of Victoria Knolls. Located in the area of Walteria, Victoria Knolls is located east of PCH and just east of Crenshaw Blvd. It is accessible by only one road and this factor gives it a sense of privacy, security and isolation. In addition the area is located on the north facing side of the Palos Verdes peninsula and often offers striking city lights views. Homes in the area generally start in the low $600,000’s for an original single family home and goes up from there depending on age, view, size and location. It offers a great and safe feel with tree lined streets, very little traffic, and a community that all seems to know each other.
Most people don’t even know the neighborhood exists and when they do accidentally stumble on it they can’t believe it’s a part of Torrance. As it’s up on the hill on the north side of the Palos Verdes Peninsula it’s nothing like the flat neighborhoods people think of when the envision Torrance.
Current Walteria and Victoria Knolls Homes for sale
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Welcome to Torrance real estate. We have strived to offer the very best information and home search features on a local website designed specifically for Torrance home buyers and sellers. As local Torrance and Redondo Beach real estate specialists we understand how unique Torrance is and how different and distinct the various areas can be. From oceanfront homes in the Hollywood Riviera, to duplex and income properties in the County Strip area…..we can help. Search for homes with our free Torrance MLS access or allow us to do the hard work for you with our FREE daily listing updates and know about new homes first. Our website offers information on real estate markets and trends in each neighborhood, recent home sales and prices, current off market homes and MLS listings, short sales and foreclosures and information for home sellers to find out what their Torrance home is worth and how we have been so successful at marketing and selling homes in the area. We hope that our website is a great place to start for all of your Torrance real estate needs. Contact us as any time for questions or more information.
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Many buyers actively seek Torrance neighborhoods for the wonderful community feel, tree lined streets, great schools and family friendly vibe. Nowhere is this more embodied than in the Seaside Ranchos area of South Torrance. The Seaside Ranchos neighborhood is often called the Christmas Lights area due to the annual show put on by the residents. Sitting just North of Pacific Coast Highway as it turns inland near the Palos Valos Peninsula the neighborhood is a collection of beautiful homes on larger lots. Most homes are generally updated and upgraded versions of the original beach homes built with fewer “McMansions” than in many other South Bay neighborhoods. The majority of the homes offer 3 bedrooms and 2 bathrooms and due to the much larger lots than in most areas of Torrance often have fantastic backyards. The tree lined streets offer a very safe and friendly feel and give the area it’s “Christmas Lights” nickname as all of the community trees are wrapped in white lights during the holidays and rare is the home that isn’t decorated with lights and decorations. The area has become so popular during the holidays that traffic is restricted in the evenings and cars line up for seemingly hours to drive through the spectacular display. Prices generally start in the low $800s and can price over the $2.0M mark for some of the most impressive homes on oversized lots. One of the newest communities in the South Bay is just nearby as well. One South in Redondo Beach at 1920 S Pacific Coast Highway in Redondo Beach offers a variety of condos and townhomes near Riviera Village shopping and dining.
Current South Torrance Homes for Sale
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
If you’re a home buyer at the moment, you’ve probably been a little frustrated with just how little housing inventory there is, how quickly the good homes sell, and how often they sell for far more than they were listed. You’ve probably also heard the terms pocket listings and off market listings as those are definitely the buzz words of the moment.
So what do these words really mean and how do you find out about them?
Pocket listings and off market listings can mean several things, but basically they are homes that agents may, or may not, have formal agreements to sell, but are aware the sellers are interested in selling. Most often the realtor has a written agreement to represent the sellers, but for one reason or another, the sellers either don’t want their home to be put on the MLS or perhaps they just aren’t quite ready. In other situations it may be far more informal with either the homeowner telling a realtor “bring me a buyer and maybe I’ll sell” or something in which the owner would only consider selling at a price over the market value of the home.
So how does this help you?
The concept is pretty simple….the fewer buyers that know about a home the better the chances of having your offer considered and accepted. Without the buyer frenzy that comes with most new listings these days the price may be kept at a reasonable level as well.
So how do you find these homes?
2209 Nelson
The best way to find these off market listings is to work with a successful local agent that specializes in the area you’re interested in. It’s all about networking and the more owners, sellers and other agents the realtor is in contact with the more likely they may have ways of finding listings the public isn’t aware of. Good agents will also actively seek out some unknown sellers with letters or even by door knocking. Buyers can certainly try this on their own as well, but just won’t have the same reach as a well connected local agent. If you would like us to help simply fill out our “let me know about pocket listings form” and specify if you want us to update you on all listings….or just the homes not on the market.
Be realistic
Although many deals are happening off market and it is a very good way of trying to find a home in a very challenging sellers market, buyers must be realistic. Finding something off market generally doesn’t mean paying 70% of it’s value. In our very high end market in which sellers have resources and information to know what their homes are worth, sellers are very savvy and often only willing to sell their homes off market if the price is right.