torrance real estate

April 21, 2016February 25, 2020

Oceanfront Home for at 501 Paseo De La Playa in the Hollywood Riviera Sells at $5,300,000

By Keith Kyle

I’ve been fortunate to represent a few clients on purchases or sales along Paseo De La Playa in the Hollywood Riviera and the locations is nothing short of spectacular. Paseo De La Playa is the oceanfront street that connects Redondo Beach with the beginning of the Palos Verdes Peninsula and offers a lifestyle not found in many places. Hollywood Riviera is a unique area as it has a Redondo Beach address but is actually located in the city of Torrance.

The recent sale of 501 Paseo De La Playa is no exception. This 5 bedroom, 3 1/2 bath home sits high on the bluff and offers mesmerizing views of the ocean, Palos Verdes and the beautiful coastline from Redondo to Malibu. This oceanfront home was listed for $5,500,000 and sold for $5,300,000.

501 Paseo De La Playa in the Hollywood Riviera

in Hollywood Riviera, Homes for Sale, Luxury Homes, Redondo Beach, Torrance Real Estate Posted by Keith Kyle

Torrance home sales for March of 2016

By Keith Kyle

March was yet another very busy month for home sales in Torrance and the South Bay with home prices continuing to go up and the number of home sales rising as well. The demand has been pretty overwhelming in certain areas such as West Torrance, South Torrance and the Hollywood Rivera and multiple offer situations selling over the list price being the norm.

Torrance saw 109 home sales in March of 2016 with the average list price of $648, 831 and the average sales price at $648,460 which again shows that very few homes are selling below list price….even in a market in which inflated prices are becoming more common. The lowest priced home of the month was a 1 bedroom condo in the County Strip area (not actually part of Torrance but a Torrance P.O. making for much lower prices)at $172,900 and the most expensive was $1,160,000 for a 5 bed/4 bath, 3000 square foot single family home in the Hollywood Riviera.

Click any link below to see the homes sold in March of 2016.
El Segundo
Gardena
Hawthorne
Hermosa Beach
Hollywood Riviera
Lawndale
Manhattan Beach
Palos Verdes Estates
Rancho Palos Verdes
Redondo Beach
Rolling Hills Estates
San Pedro
Torrance

in Home Prices, Homes for Sale, Real Estate Market, Real Estate Trends Posted by Keith Kyle

The Highest and Lowest Priced Homes in Torrance CA

By Keith Kyle

Torrance is a diverse community and home prices can certainly reflect that. From multi million dollar homes along the bluff in the Hollywood Riviera, to the neighborhoods near the 110 Freeway, neighborhoods and home prices vary considerably.

Topping out the market at the moment is the home at 326 Calle De Arboles in the Hollywood Riviera. The home is priced at $2,098,000 with 3,251 square feet and has been on the market almost 2 months as of this posting. While the homes in the Hollywood Riviera are often Redondo Beach mailing addresses and zip codes, the homes are actually located in Torrance with award winning Torrance schools and services.

On the other side of the spectrum is the one bedroom condo located at 941 W Carson. It’s listed at $205,000 and is a short sale property. This section of Torrance is known as county strip. Very much the opposite of the Hollywood Riviera this section of Torrance is actually not part of Torrance proper and is serviced by LA Unified Schools and LA City services. As the schools are not at the same level (in most cases) as the Torrance Unified schools, values are always lower in this area.

in Home Prices, Homes for Sale, Real Estate Market Posted by Keith Kyle

Torrance Housing Inventory Still Down But on the Rise

By Keith Kyle

The real estate market in Torrance CA continues to be driven by the lack of homes for sale but for the third straight month we have seen an increase in the number of homes for sale. Inventory has been on the rise since the low point in December but still far below the norm. We have also seen an increase in the pending home sales over that same period of time and it appears that the inventory will continue to rise as we head towards the usually busy summer buying and selling season. See all of the Torrance homes for sale or search by neighborhoods. To see the most recent Torrance home sales visit our closed sale pages.

in Buyers, Home Prices, Homes for Sale, Real Estate Trends, Torrance Real Estate Posted by Keith Kyle

Torrance Foreclosures Continue to Dwindle

By Keith Kyle

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

in Homes for Sale, Short Sales and Foreclosures, Torrance Real Estate, Torrance Realtors Posted by Keith Kyle

Torrance CA Home Prices Continue to Rise in December

By Keith Kyle

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%

in Home Prices, Homes for Sale, Torrance Real Estate, Torrance Realtors Posted by Keith Kyle

Oceanfront Home for at 501 Paseo De La Playa in the Hollywood Riviera Sells at $5,300,000

501 Paseo De La Playa in the Hollywood Riviera

Torrance home sales for March of 2016

The Highest and Lowest Priced Homes in Torrance CA

Torrance Housing Inventory Still Down But on the Rise

Torrance Foreclosures Continue to Dwindle

Torrance CA Home Prices Continue to Rise in December

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for all of your Torrance real estate services

your torrance realtor

Keith Kyle
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Vista Sotheby's International

torrance real estate

501 Paseo De La Playa in the Hollywood Riviera

CONTACT US

for all of your Torrance real estate services

your torrance realtor

Keith KyleRealtor

Vista Sotheby's International

Keith Kyle
Realtor