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Old Torrance Real Estate and Homes for Sale

Old Torrance CA Real Estate and Homes for Sale

See the Homes that Sold in Old Torrance During November

December 11, 2021 by admin

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

Filed Under: Historic homes, Home buyer tips, Home Prices, Old Torrance, Old Torrance home prices, Old Torrance home sales, Old Torrance real estate, Torrance home prices, Torrance homes, Torrance listings Tagged With: old torrance home prices, old torrance homes for sale

Why Buy A Home In Old Torrance Instead of Rent?

February 18, 2020 by admin Leave a Comment

One of the many questions potential buyers ask is why they should buy when generally renting is less expensive.  There are a number of reasons although it still may not be the best fit for you.  Everyone is different but in terms of long term planning it’s almost always better to own than rent.

Here are just a few of the reasons:

Smart Investment
When you invest in a home, it offers the possibility for appreciation in value. The equity becomes yours when you’re still paying off your mortgage. You even get to live in it while your investment matures.

Tax Advantages
Since both mortgage interest and property taxes are tax deductible, homeownership can save you significant amounts of money every year.

Planned Housing Costs
You decide how much you spend on your home, including repairs and improvements. Unlike renters, homeowners with a fixed-rate loan can lock in their monthly housing costs.

Improvements to Your Taste
You can choose which improvements to make your own property, such as a deck, kitchen remodel, or new paint, instead of needing permission from your landlord.

If you have more questions about making the decision to buy a home, please feel free to call or email.

View many more first time home buyer tips and information.

Filed Under: Home buyer tips, Old Torrance, Torrance realtors Tagged With: buy v rent, first time home buyer tips, why should i buy a home

Mortgage Musts – What A Buyer Needs to Do To Start the Mortgage Process

April 21, 2019 by admin Leave a Comment

If you are considering buying a home in Old Torrance you’ll likely be financing the purchase.  There are a number of things a buyer needs to do to get a mortgage. The earlier these are done in the process the less stressful things get while in escrow or scrambling to make an offer.  Knowing about your financing abilities or how much you can afford, eliminates many challenges and stresses that may come up in the home buyer process in Torrance and the loan process for any Southern California home.    Here are 5 essential steps to successfully navigating the loan and financing process:

  1. Get pre-approved:  It’s currently a sellers market and in a highly competitive housing market, it’s critical to be pre-approved or at least pre-qualified to give yourself the best chance of an offer being considered.  Most realtors and sellers won’t even consider an offer with financing if a preapproval letter isn’t included.
  2. Choose a realtor that can help avoid appraisal problems. A good realtor will meet the appraiser with the most current information in hand.  As a local real estate expert often knows more than the appraiser, the realtor may have insight and information not readily available to the appraiser.  Doing a bit of research to find out what the homes are in escrow actually sold for and the reasons why one home sold higher or lower can go a long way in making the appraisal go according to plan
  3. Know your credit score:    It’s not only important to have good credit and know your credit score, but equally important that your credit score stays the same throughout the escrow process.  No big purchases, no opening numerous new credit lines and no late or missed payments.
  4. Review the closing disclosure forms or CD.  Due to regulations, lenders must provide you with a closing disclosure at least 3 days before closing in order to see fees, details, etc.
  5. Make it through underwriting:  Before you get loan clearance and final approval, your mortgage has to go through the underwriting process.  Be ready and supply the underwriters with all requested documents quickly to avoid the stress of needing to ask the seller for extra time.  Most loan contingency periods are 21 days or shorter so time is of the essence in the loan process.

Filed Under: Home buyer tips, Old Torrance, Torrance homes, Torrance realtors

What Old Torrance Remodel Projects Get a Good Return on Investment?

February 26, 2019 by admin Leave a Comment

If you’re considering remodeling your home in Old Torrance, here are a few recent stats from the California Association of Realtors.  Not all home improvements bring the same return….here’s 5 projects that will reward you when it comes time to sell your home in Old Torrance.

Filed Under: Home buyer tips, Torrance listings, Torrance realtors

Future Proofing Your Kitchen

February 12, 2019 by admin Leave a Comment

As kitchen remodels are generally the most expensive project they can have tremendous impact on future value….but not always for the positive.  When kitchens become too custom and it’s suited to very specific tastes, it can sometimes make for a challenge when it comes to selling.  Here are some ideals to future proof your kitchen so that it won’t look dated in a few years.

Filed Under: Historic homes, Home buyer tips, Torrance homes, Torrance listings Tagged With: home owner advice, kitchen remodels, old torrance homes

The Homeownership Dream is Alive and Well

January 9, 2019 by admin Leave a Comment

Despite the high cost of housing in California, the South Bay and Old Towne Torrance, there is no shortage of those wanting to be homeowners.  Of the current renters some of the advantages they thought owning would provide:

  • Provides a great long term investment
  • Givest them the abiltiy to work on the home and do what they want to the home
  • Allows stability
  • Allows someone to plant roots for the long term

Filed Under: Home buyer tips, Home Prices, Torrance listings Tagged With: home ownership

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310-251-2344 cell/text Keith@KeithKyleHomes.com

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