We happily welcome 2022. 2021 was better than 2020 for sure and we’re hoping for yet another year getting somewhat back to normal. We wish you a safe and successful 2022!
Happy New Year
Here’s to turning the page on 2021 and looking forward to a great 2022. Wishing you a happy and safe new year!
Happy Holidays!
From our family to yours, we wanted to wish you the very happiest of holidays. Enjoy!
November’s Top Home Sale – Single Family Home at 2720 Martha
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
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
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
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 most
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 |
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