Community Spotlight – SummerWind in the Plaza Del Amo area of Torrance

Welcome to the gated community of SummerWind in the heart of Torrance CA.  SummerWind is the largest of the gated communities in the Plaza Del Amo area of Torrance.  This beautiful complex offers 508 individually owned townhome style attached units. Homes range between two bedroom/two bath home with between approximately 1,088 and 1,273 square feet and three bedroom/three bath units around 1,404 square feet (there are a very limited number of larger homes with approx 1,560 square feet.  All of the homes offer 2 gar garages and laundry areas or rooms.

The community has a great look and feel with tree lined streets, water features, park areas scattered throughout and a good amount of space to roam around without ever leaving the complex.  Although it was built in the late 80s, many of the units have been extensively updated and upgraded and look and feel much newer.

The communty offers an abundance of amenities including three recreation areas each with a pool and spa, community clubhouse, onsite manager, well maintained landscaping, and a playground area for the little ones and plenty of areas to walk the dogs or just sit in the sunshine.

As with all of the communities of Plaza Del Amo, Summer Wind is just a short distance to the newly rebuilt Del Amo fashion mall, Wilson Park with 2 farmers markets a week, The South Bay Galleria, shopping, dining, entertainment and more.

HOA dues are on the high side for the area at approximately $390** as of 7/28/20

Current SummerWind Homes for Sale

All information provided is deemed reliable, but is not guaranteed and should be independently verified.
*Square footage approximate based on information from the CRMLS and is not guaranteed.
**HOA fees approximate as of 7/28/20.

Vist some of the Gated communities and complexes near Plaza Del Amo

So Where’s The Big Seasonal Increase in Homes in Torrance?

By Keith KyleHomes for sale in Torrance CA

As a realtor who has been doing this a while, I’ve come to expect a nice increase in houses for sale in mid to late January. As the holidays wrap up, football season ends, and everyone gets back to work, we generally see a nice increase in homes that hit the market. It can often set the tone for much of the year as and abundance of homes early in the year often seems to stabilize the market one way or another. Unfortunately 2015 hasn’t seen that increase as the number of active homes for sale continues to go down at a time when the homes for sale should be going up. It’s still early enough that sellers may yet be holding off for a week or two to put their homes on the market and it would be welcome relief for the home buyers sitting and waiting.

The chart below shows the number of homes for sale represented by the light green bar. As of January 29th there are only 161 homes for sale in all of Torrance.

An Abundance of New Torrance Townhome Listings on Plaza Del Amo

By Keith Kyle

One of the most affordable ways of owning a larger home in one of Torrance’s best neighborhoods may be the townhomes in the Plaza Del Amo area of Central Torrance.  There are a number of complexes each with a somewhat different feel and set of amenities, but all are centrally located and offer great square footage at reasonable prices.  The gated communities include Springwood, Windsong, Windmere, Summerwind and more.  Recently there have been a number of new listings in the various Plaza Del Amo complexes.

Summerwind-Pool  Windemere-Torrance  Windemere-pool

Click to see the current homes for sale in the Plaza Del Amo area

Plaza_Del_Amo_Townhomes_in_Torrance_CA

 

 

 

 

Current Torrance CA Foreclosures and Short Sales

Updated January 20th, 2015Torrance Home Values

While the number of distressed home sales in Torrance has dropped considerably in the past 2 years there are still a number of homes for sale at some stage of the foreclosure process.  Although these homes are not quite the bargains they were there are some homes that are still priced below market value due to the extra work and patience required by the home buyers.  The process has certainly gotten streamlined by the banks but they are still not as straightforward as traditional sales.

Current Torrance short sales

MLS# Type   Address Type  Price  Bed/Bath Year Built Sq Feet
PW14096768 CONDO/A 22334 Harbor Ridge LN #2 FOR, NOD, SPAY  $340,000 3/2,0,1,0 1980/ASR 1553/A
CV14230210 SFR/D 1157 W 225th ST #A FOR, NOD, SPAY  $639,000 5/3,0,0,0 2007/ASR 3068/A
PV14142427 TWNHS/A 3090 Newton ST NOD, SPAY  $629,000 2/3,0,0,0 2003/ASR 1852/A
OC14157232 SFR/D 2693 Hillside DR FOR, NOD, SPAY  $899,900 4/3,0,0,0 1983/ASR 2698/A
14811725 SFR/D 3227 W 188TH ST SPAY  $549,000 4/3,0,0,0 1950 1854
14797349 SFR/D 2701 W 182ND ST SPAY  $450,000 2/1,0,0,0 1946 961
PW14211431 SFR/D 2756 Border AV SPAY  $565,000 3/2,0,1,0 2003/ASR 2020/A

Current Bank Owned Homes and Foreclosures

MLS# Type   Address Type  Price  Bed/Bath Year Built Sq Feet
SB14231286 SFR/D 1323 W 227th ST REO  $369,900 4/2,0,0,0 1956/ASR 1377/A
DW15005743 SFR/D 2119 W 187th ST REO  $508,300 3/2,0,0,0 1959/ASR 1420/A

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
For Sale at $594,ooo – 400 sq feet added
Sold in 2012 for $270
Sold in 2012 for $270,000

3318 Artesia Blvd.

For Sale at $624,000 550 sq ft added
For Sale at $624,000 550 sq ft added
Sold in 2014 for $472,000
Sold in 2014 for $472,000

4171 W 172nd Street

For sale at $699,000 1000 sq ft added
For sale at $699,000 1000 sq ft added
Sold in 2012 for $250,000
Sold in 2012 for $250,000

4348 W 179th Street

Sold 12/14 for $596K
Sold 12/14 for $596K
Sold July 2014 for $456,000
Sold July 2014 for $456,000

4312 W 178th Street

Current homes for sale in North Torrance

[idx-listings zip=”90504″ statuses=”1″ orderby=”DateAdded” orderdir=”DESC” count=”10″ showlargerphotos=”true”]

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%