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Torrance, CA

Hollywood Riviera California Real Estate and Homes For Sale

Krystyna Baty, REALTOR®, M.S. Torrance Redondo Beach & Greater South Bay CA: Real Estate Agent in Torrance, CA

One of the most charming neighborhoods in all of the South Bay is the hillside community of the Hollywood Riviera. Part of both Redondo Beach and Torrance, Hollywod Riviera is a community primarily of one story original homes often offering incredible ocean views, the lush greenery and the Mediterranean atmosphere.

The area lies in a "hillside overlay" district meaning approval from the city and neighbors must be granted to build up and obstruct the views. It is this approval process that generally keeps the area from experiencing the "mansionization" often found in other parts of the South Bay. Much of the architecture in the community is Mediterranean in style, especially the original homes, which were built in the late 1920s and early 1930s.

The original developer of the Hollywood Riviera was entranced by the movie business and felt that the seaside properties would be a natural location for the Hollywood "set" to buy and build. A few movies were made in the thirties and few smart producers bought properties, but the Hollywood scene never materialized. What did materialize are delightful cluster of shops, restaurants, café bistros and galleries known as the "Riviera Village".

If you're considering moving into this wonderful neighborhood, call or email me. I'll be glad to help!

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Hollywood Riviera Real Estate and Homes For Sale

Torrance Real Estate Market Update - August 2009

Krystyna Baty, REALTOR®, M.S. Torrance Redondo Beach & Greater South Bay CA: Real Estate Agent in Torrance, CA

The Torrance average sales price decreased by 5.6 percent in August 2009 compared to August 2008, bringing the average price to $505,433. The number of sales increased to 114 closed sales.

Torrance

Sold
Listings

Average
Sales Price

Average
DOM

August 2009

114

$505,433

67

August 2008

113

$533,890

64

*All stats are compiled from the Multi Regional Multiple Listing Service. Information is deemed reliable but not guaranteed.

Increased sales in Torrance reflect a stabilization of the South Bay real estate market as home buyers respond to increased affordability and more moderate prices

Average home price in Torrance continued to slide till January and rose in February, March and May as follows: December 2008 - $478,307, January 2009 - $451,563, February 2009 - $477,944, March 2009 - $519,707, April '09 - $458,037, May '09 - $514,395. We then saw a slight reversal of the upward trend. Average price decreased slightly to $506,104 in June and $508,543 in July. It remained in that same range in August.

If you have any questions re. this report, or would like to receive a free market report for your house or area, please call me at (310)918-5027 or send me an email. I'll be glad to help!

Search Torrance Homes and Condos For Sale by Price Range:

All Listings Under $250,000 $250,000 - $400,000
$400,000 - $500,000 $500,000 - $600,000 $600,000 - $700,000
$700,000 - $800,000 $800,000 - $900,000 $900,000 - $1,000,000
Over $1,000,000

Torrance foreclosures

Old Torrance Homes for sale

Rachel Tyndall: Real Estate Agent in Palos Verdes Peninsula, CA

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There are currently only seven homes for sale in Old Torrance:

2272 DEL AMO BL TORR 134 763G4 $379,000 2/1.00 1924 975 5,000 N N 2.000 05/05/09 SOCAL
S09081498 A SFR/A 1230 Madrid AV TORR 134 763G6 $460,000 3/1.00 1937 1,283 7,000 420/808 N N 3.000 07/28/09 SPAY MRMLS
V09020534 A SFR/D 2212 Gramercy AV TORR 134 763H7 $480,000 2/2.00 1920 1,440 5,120 167/167 N N 2.500 07/17/09 STD MRMLS
A09091126 A SFR/D 1828 San Ardo TORR 134 793H1 $489,000 3/2.00 1956 1,378 5,100 21/21 N N 2.500 08/21/09 STD MRMLS
V09044174 A SFR/D 1622 Crenshaw BL TORR 134 763F6 $549,900 2/1.00 1927 1,021 5,049 146/146 N N 2.500 04/18/09 STD MRMLS
S09096829 A SFR/D 2007 Plaza Del Amo TORR 134 763H7 $799,000 3/4.00 125 2,217 5,880 4/4 N N 2.500 09/10/09 SPAY MRMLS

Real Estate Brand Matters. Where Do You Want to Be?

09-02-09
Joe Chen
Joe Chen: Real Estate Agent in Torrance, CA

RE/MAX Star Realty is Now Hiring. Get into Real Estate at the Perfect Time!

Be all you can be to be part of RE/MAX in Central Torrance and surrounding areas.

Come Check Us Out!

http://www.JoeChenHomes.com

RE/MAX Star Realty Now Hiring. Get into Real Estate at the Perfect Time!

08-30-09
Joe Chen
Joe Chen: Real Estate Agent in Torrance, CA

RE/MAX Star Realty is Now Hiring. Get into Real Estate at the Perfect Time!

Be all you can be to be part of RE/MAX in Central Torrance and surrounding areas.

Come Check Us Out!

http://www.REMAXStarRealty.com

http://www.JoeChenHomes.com