Old Torrance Real Estate and Homes for Sale

Old Torrance CA Real Estate and Homes for Sale

November’s Top Home Sale – Single Family Home at 2720 Martha

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The top home sale of the November in Old Torrance was a 3 bedroom single family home located at 2720 Martha.  The home offered 3 bedrooms and 2 baths with just under 1,400 square  feet.  The home was in fairly original condition but certainly well maintained.  Sitting on a 6,600+ foot lot the home had some very nice outdoor areas.  Listed at $825,000, 2720 Martha sold way over at a price of $905,000 after only a few days on the market.

View the MLS listing details below.

Condo Info

    • 3 bedrooms
    • 2 bathrooms
    • 1,380 square feet (BTV)
    • 6,603 foot lot
    • Built in 1949
    • Fairly original
    • Sold at $905,000

Contact Torrance real estate specialist Keith Kyle with Vista Sotheby’s International for infomrmation on similar homes

2720 Martha, Torrance – Listed for $825,000 – Sold at $905,000


Listing courtesy of Jason Jittimongkol – Coldwell Banker Realty 949-552-2000

Understanding Earnest Money

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What is earnest money?

In Old Torrance buyers usually put in a 3% deposit, or earnest money, into escrow. These funds usually get wired and normally it gets put in within 3 days of seller acceptance of an offer. The funds do get deposited, but are usually refundable while the contingencies (inspection, loan and appraisal) are in place. Those timelines are negotiated during the offer/counter offer process.

See the Homes that Sold in Old Torrance During November

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Take a look below at the homes that sold in the Old Torrance area of Torrance CA.  There were 7 home sales during the month of which mostNorth Torrance homes for sale were townhomes.  The average list price of the homes that sold was $664,429 with the average sold price being just over $682,000. Homes averaged only 19 days on the market before going into escrow.

Old Torrance November Home Sales and Prices

Type Address Price $ Per Foot Bed/Bath Sq Feet Year Sold Date
CONDO/A 1301 Cabrillo AVE #112 $475,000 $710.01 2/1,0,0,0 669/A 1993/ASR 11/12/2021
SFR/D 716 Pacific LN $500,000 $757.58 1/2,0,0,0 660/A 1918/ASR 11/17/2021
CONDO/A 2742 Cabrillo AVE #101 $550,000 $528.85 2/1,1,0,0 1040/A 2006/ASR 11/19/2021
TWNHS/A 2603 Apple AVE #109 $685,000 $643.80 2/1,0,1,0 1064/A 1984/ASR 11/2/2021
TWNHS 813 Van Ness AVE #A $830,000 $590.33 3/2,0,1,0 1406/A 2000/ASR 11/30/2021
TWNHS/A 1524 Cravens AVE #19 $830,000 $596.26 3/2,0,1,0 1392/A 1996/PUB 11/19/2021
SFR/D 2720 Martha AVE $905,000 $655.80 3/2,0,0,0 1380/A 1949/EST 11/30/2021

Only 51 Homes for Sale in All of Torrance as of 11/25

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It’s been clear for months that the inventory of “active” listings in the South Bay and Torrance has slowly been declining.  According to realtor and Torrance specialist Keith Kyle with Vista Sotheby’s International, “this is the lowest number of active listings that I can ever recall dating back beyond ten years.  We have seen this lack of available housing inventory in over a decade.”

Each month both closed home sales and new escrows are at peak numbers but “new” listings just can’t keep up with the unceasing housing demand.  As of Thanksgiving,  there are only 51 active listings on the MLS in all of Torrance which is not good for buyers in any way shape or form.  Last October there were 88 homes for sale which was historically lower than normal.  This is definitely not good news for Torrance home buyers and is certainly not going to help with the housing crunch and unceasing demand.  See the Torrance real estate trends over the past 15 months to see just how low that is in comparison.

Current Homes for Sale in Torrance


Click any MLS number above for details and photos of the home.