Pending home sales just keep going up which means that the closed sales will follow the same trend line. July was the 4th straight month that the number of pending homes sales increased. July saw 132 pending home sales which was the highest number since August of 2019 that saw the same number. View the homes that sold in Torrance during July.
Historic Home of Note – 156 Camino De Las Colinas in the Hollywood Riviera
One of the greatest aspects to Old Torrance is the historic feel and the historic homes. Classic craftsman homes, 1920’s beach bungalows and more are what makes this a unique part of the South Bay.
While not in Old Torrance, the home at 156 Camino De Las Colinas in the Hollywood Riviera deserves our attention just the same. This is a beautifully renovated 1926 historic home.
The home harkens back to the days when the “Hollywood Riviera” got it’s name. This ocean view home with Spanish inspired architecture features 4 bedrooms, 2.5 baths and intricate detailing throughout.
Listing courtesty of Angelia Block of Real Estate West, Inc.
Torrance Real Estate Update for the 2nd Quarter of 2020
Here’s a quick recap for real estate in Torrance CA during April-June of 2020. The number of home sales in Torrance dropped dramatically compared with 2019. Q2 of 2020 saw 225 closed home sales in Torrance in 2020 whereas there were 325 in the same months during 2019. This major slowdown was primarily the result of all the uncertainty surrounding the coronavirus and the economic shutdown. While that was the bad news, the rest of the metrics all looked great. The median selling prices was an impressive $822,000 and days on market was a very short 26. The average price per foot also jumped quite a bot to $524 from $498 a year earlier.
June Home Sales and House Prices in Old Torrance and Central Torrance
June was back to being a busy month for real estate in Old Torrance and the Plaza Del Amo areas. April and May were very slow due to the concerns and uncertainty of the corona virus situation, but June was back to full swing.
View the current homes for sale in Old Town Torrance
June 202o Home Sales in Old Torrance and Central Torrance
MLS # | Type | Addres | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | |
SB20066435 | COOP/A | 3210 | Merrill DR #18 | $375,000 | $435.54 | 1/1,0,0,0 | 861/P | 1963/ASR |
SB20086294 | CONDO/A | 2605 | Sepulveda BLVD #309 | $450,000 | $371.29 | 2/1,1,0,0 | 1212/A | 2003/ASR |
OC20083622 | CONDO/A | 2367 | Jefferson ST #320 | $485,000 | $563.95 | 1/1,0,0,0 | 860/A | 2007/ASR |
SB20082785 | CONDO/A | 1745 | Maple AVE #47 | $575,000 | $522.73 | 2/2,0,0,0 | 1100/A | 1963/ASR |
SB20060529 | CONDO/A | 3520 | Maricopa ST #10 | $610,000 | $456.59 | 2/2,0,1,0 | 1336/A | 1975/ASR |
SB20081329 | TWNHS/A | 2971 | Plaza Del Amo #233 | $633,000 | $534.63 | 2/3,0,0,0 | 1184/A | 1985/ASR |
OC20086944 | CONDO/A | 2800 | Plaza Del Amo #1 | $665,000 | $522.39 | 2/2,0,1,0 | 1273/A | 1989/ASR |
SW20073641 | CONDO/A | 2551 | Plaza Del Amo #A | $675,000 | $416.67 | 2/3,0,0,0 | 1620/A | 1984/ASR |
PV20026907 | SFR/D | 1122 | Maple AVE | $745,000 | $679.12 | 3/1,0,0,0 | 1097/A | 1951/ASR |
SB20093308 | SFR/D | 1211 | Kornblum AVE | $800,000 | $655.74 | 2/1,1,0,0 | 1220/A | 1951/ASR |
PV20084322 | SFR/D | 20544 | Avis AVE | $990,000 | $535.14 | 3/2,0,0,0 | 1850/A | 1958/ASR |
SB20063736 | SFR/D | 2527 | Woodbury | $995,000 | $392.35 | 4/2,0,1,0 | 2536/A | 1991/ASR |
Old Torrance | ||||||||
MLS # | Type | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year | |
SB20089913 | CONDO/A | 1281 | Cabrillo AVE #204 | $532,000 | $631.08 | 2/2,0,0,0 | 843/A | 1993/ASR |
SB20077834 | TWNHS/A | 1323 | Post AVE #E | $600,000 | $631.58 | 2/1,0,1,0 | 950/A | 2005/ASR |
SB20097444 | CONDO/A | 1281 | Cabrillo AVE #403 | $611,000 | $724.79 | 2/2,0,0,0 | 843/A | 1993/ASR |
SB20083210 | TWNHS/A | 911 | Cota AVE #2 | $620,000 | $534.94 | 2/1,1,1,0 | 1159/A | 1984/ASR |
SB20090186 | TWNHS/D | 1746 | Andreo AVE | $665,000 | $396.31 | 3/2,0,1,0 | 1678/A | 1990/ASR |
PV20060214 | TWNHS/A | 1918 | Cabrillo AVE #C | $675,000 | $523.26 | 2/2,0,1,0 | 1290/A | 2007/PUB |
SB20085491 | SFR/D | 2810 | Alberta ST | $750,000 | $582.75 | 3/2,0,0,0 | 1287/E | 1950/PUB |
SB20097168 | SFR/D | 819 | Cota AVE | $775,000 | $891.83 | 2/2,0,0,0 | 869/A | 1923/ASR |
SB20057304 | SFR/D | 1908 | Gramercy AVE | $871,000 | $520.31 | 3/2,0,0,0 | 1674/A | 1948/ASR |
PV20102669 | SFR/D | 1015 | Beech AVE | $872,000 | $469.83 | 3/3,0,0,0 | 1856/A | 1946/APP |
In general the Torrance real estate market has been very solid thus far for 2020 and doesn’t seem to show any signs of slowing down.
Featured Home – 1746 Andreo
We thought that this was a really clean and bright home and definitely worth a look. Listed at $690,000 this is a 3 bedroom, 3 bath detached townhome with almost 1,700 square feet.
Contact Torrance real estate specialist for more information or to set up a private showing.
1746 Andreao Avenue – Old Torrance
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.
Torrance Real Estate Recap – April 2020 Home Sales
Unlike most other South Bay cities, Torrance didn’t see nearly as significant a drop in the number of home sales in April. Some neighboring towns saw a 60% drop in home sales compared with the year earlier. Torrance seemed to be the exception with 81 homes sold in April compared with 99 a year earlier. That’s still a significant drop but, as mentioned, much better than others. The average days on market was only 24 before going into escrow and median sales price for the month was $792,000.