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Home Torrance Bank Owned Homes on the Rise

Torrance Bank Owned Homes on the Rise

With short sales probably being the best way to find "deals" in the South Bay and Torrance, many home buyers simply don't want to put up with the delays and unknowns that go along with buying a short sale home. Although often not priced quite as aggressively REOs or bank owned homesare possibly the next best thing as the lenders have gone through the foreclosure process, own the home outright, and are generally willing to sell for the list price, without the endless levels of beaurocracy involved. Torrance offers an abundance of these bank owned homes with some in great condition and move in ready while others need some work but the prices are often below market value regardless.

Torrance Homes

Below are the bank owned homes as of September 13th 2010.

MLS# Type Address Price Br/Ba Year Sq Ft Lot Size Type of Sale
V10096521 SFR/D 3646 228th PL $ 668,500 4/2.00 1964 2273 5980 REO
S10096981 SFR/D 1660 221st ST $ 377,000 5/2.00 1953 1750 7200 REO
S10096109 SFR/D 1018 210th ST $ 275,000 3/2.00 1953 988 5200 REO
S10094402 SFR/D 1539 214th ST $ 349,900 2/2.00 1943 1448 6000 REO
10461659 CONDO/ 23304 MARIGOLD AV #X102 $ 169,900 2/2.00 1973 859 REO
10475865 CONDO/ 941 CARSON ST #317 $ 159,900 1/1.00 1982 696 REO
M10092213 SFR/D 1529 223rd ST $ 525,000 4/3.00 1939 3524 6680 REO
S629616 SFR/D 3715 225TH ST $ 525,900 3/2.00 1953 1108 5304 REO
P749421 CONDO/A 21345 HAWTHORNE BL #319 $ 339,900 1/1.00 2005 920 84179 REO
S10088581 TWNHS/A 1232 Jasmine $ 549,900 3/3.00 2005 1822 34772 REO
S10087443 CONDO/A 3550 Torrance BL #515 $ 199,900 0/1.00 2006 490 41145 REO
S10086892 TWNHS/A 23047 Samuel ST $ 499,900 2/3.00 1995 1025 1655 REO
Y1005181 SFR/A 17806 BAILEY DR $ 439,900 4/2.00 1955 1303 5710 REO
10471965 SFR/A 16506 CERISE AV $ 578,900 4/3.00 1956 2348 8130 REO
P747483 CONDO/A 1201 CABRILLO AV #308 $ 185,640 1/1.00 1993 560 544 REO
F1850364 SFR/D 3407 189TH ST $ 382,900 3/2.00 1950 1040 5000 REO
10464429 CONDO/ 23200 SESAME ST #C $ 179,000 3/2.00 1973 1108 REO
S10072880 SFR/A 1552 227 ST $ 215,000 3/2.00 1963 1050 5397 REO
P742205 CONDO/A 1129 SEPULVEDA BL #M104 $ 149,900 2/1.00 1973 796 2082 REO
10453181 CONDO/ 1511 227TH ST #B $ 229,900 2/2.00 2004 1089 REO
P723004 SFR/D 24315 FALENA AV $ 584,900 4/4.00 1964 2680 6547 REO
S10082086 TWNHS/A 1608 226th ST #1 $ 274,900 3/3.00 2006 7203 REO
V10027091 CONDO/A 20606 Vermont AV #48 $ 199,900 2/2.00 1978 969 2993 REO
S10078115 CONDO/A 20331 Anza AV #15 $ 348,000 2/2.00 1980 1337 1625 REO
10465455 CONDO/ 23214 SESAME ST #G $ 157,000 2/2.00 1973 852 REO
P750604 SFR/D 949 TORRANCE BL $ 254,900 2/1.00 1953 819 6110 REO
V10081860 CONDO/D 2367 Jefferson ST #103 $ 274,900 1/1.00 2007 856 REO
Posted Thursday Sep 16