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.
![For Sale at $594 - 400sq feet added](https://realestatetorrance.com/wp-content/uploads/2015/01/3318-Artesia-594.jpg)
![Sold in 2012 for $270](https://realestatetorrance.com/wp-content/uploads/2015/01/3318-Artesia-2701.jpg)
3318 Artesia Blvd.
![For Sale at $624,000 550 sq ft added](https://realestatetorrance.com/wp-content/uploads/2015/01/4171-w172nd-624.jpg)
![Sold in 2014 for $472,000](https://realestatetorrance.com/wp-content/uploads/2015/01/4171-172nd-472.jpg)
4171 W 172nd Street
![For sale at $699,000 1000 sq ft added](https://realestatetorrance.com/wp-content/uploads/2015/01/4348-179th-699.jpg)
![Sold in 2012 for $250,000](https://realestatetorrance.com/wp-content/uploads/2015/01/4348-179th-250.jpg)
4348 W 179th Street
![Sold 12/14 for $596K](https://realestatetorrance.com/wp-content/uploads/2015/01/4312-178th-596k.jpg)
![Sold July 2014 for $456,000](https://realestatetorrance.com/wp-content/uploads/2015/01/4312-178th-456k.jpg)
4312 W 178th Street
Current homes for sale in North Torrance
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