Category: Torrance real estate
Oceanfront Home at 505 Paseo De La Playa Sells at $5,175,000
505 Paseo De La Playa in the Hollywood Riviera
After a hiatus off of the market since August of 2020 the beachfront home at 505 Paseo De La Playa is back on the market. It had been on the market during the summer of 2020 listed at $5,500,000 at the time.
With a home like this you’re definitely paying for location as it’s a fairly original home but the location just can’t be beat. The last sale of something fairly similar was 529 Paseo De La Playa which was a 4 bed, 3 bath single family home with a bit under 3200 feet that sold at $5,650,000.
505 Paseo De La Playa offers the same specs with 4 bedrooms, 3 baths, and the same 3,179 square feet. The lot on 505 is a bit larger and extends all the way to the beach, but the home at 529 had done significant work to the bluff at a pretty marjor cost.
Contact us for more information on this oceanfront home
As rare as these oceanfront home sales are, this is definitely not the only oceanfront home. Check out all of the oceanfront homes currently for sale on Paseo De La Playa in theH Hollywood Riviera.
505 Paseo De La Playa – Sold at $5,175,000
Listing courtesy of Dan Mullin – RE/MAX Estate Properties
Torrance Real Estate in January By the Numbers
Torrance real estate at a glance
Although the homes in the Hollywood Riviera have Redondo Beach mailing addresses, they’re actually in the city of Torrance so it’s helpful to keep an eye on the Torrance real estate market as well..Â
Overall it was a great month for the real estate market in Torrance CA. It was certainly slower than the prior months but that’s not unusual as the holidays really slow the homes going into esrow during December. There were 78 on market home sales compared with 60 the previous January. View addresses, prices and details of the homes that sold in Torrance during January.
Search the current homes for sale in Torrance
The median sales price of the homes that sold was $845,000 with a very short average 27 days on market. View our Torrance real estate stats and trends to see how Januare compares to previous months.
Understanding Living Trusts
questions & answers on living trusts
Estate planners often recommend “Living Trusts” as a viable option when contemplating the manner in which to hold title. When a property is held in a Living Trust, title companies have particular requirements to facilitate the transaction.
QUESTIONS AND ANSWERS
Information provided by WFG National Title Company CorporateÂ
WHO ARE THE PARTIES TO A TRUST?
A typical trust is the Family Trust in which the Husband and Wife are the Trustees and, with their children, the beneficiaries. Those who establish the trust and transfer their property into it are known as Trustors. After their passing, their children and grandchildren usually become the primary beneficiaries if the trust is to survive, or the beneficiaries receive distributions directly from the trust if it is to close out.What is a Living Trust?
Sometimes called a Inter-vivos Trust, the living Trust is created during the lifetime of the Trustor (as opposed to being created by their Wills after death) and usually terminates after they die and the body of the Trust is distributed to their beneficiaries.Can a Trust hold title to Real Property?
No. The Trustee holds the property on behalf of the Trust.Is a Trust the best way to hold my property?
Only Your attorney or accountant can answer the question; some common reasons for holding property in a Trust are to minimize or postpone death taxes, to avoid a time consuming probate, and to shield property from attack by certain unsecured creditors.What taxes can I avoid by putting my property in a Trust?
Married persons can usually exempt a significant part of their assets from taxation and may postpone taxes after the first of them to die passes. You should check with your attorney or accountant before taking any action.Can I homestead property which is held in a Trust?
A Trustee can take any action permitted by the terms of the Trust, and the typical Trust Agreement does give the Trustee the authority to borrow and encumber real property. However, not all lenders will lend on a property held in a trust, so check with your lender first.Can Someone else hold title for me “In Trust?”
Some people who do not wish their names to show as titleholders make private arrangements with a third party Trustee; however, such an arrangement may be illegal, and is always inadvisable because the Trustee of record is the only one who is empowered to convey, or borrow against, the property, and the Title Insurer cannot protect you from a Trustee who is not acting in accordance with your wishes despite the existence of a private agreement you have with the Trustee.Merry Christmas and Happy Holidays Hollywood Riviera
To our friends and clients in the Hollywood Riviera we wanted to wish you a very happy holidays. From all of us at Homes in Hollywood Riviera, Vista Sotheby’s International and area specialist Keith Kyle…..stay safe and have a wonderful and merry Christmas.
See the Homes that Sold in Torrance During September
September 2020 Home Sales in Torrance
What a month it was for real estate in Torrance during September. Torrance saw another great month for home sales and home prices. 122 homes closed escrow during the month which is the highest number of home sales in years. Take a look below at all of the homes that sold.Â
Surprisingly the highest priced sale of the month was int in the Hollywood Riviera or neighboring South Torrance. Â The highest priced home sale of the month was 4,000+ square foot single family 5 bedroom home at 5531 Laurette in the neighborhood of Southwood
View the current Torrance homes, townhomes and condos for sale
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September 2020 Home Sales and House Prices
Type | Â | Address | Price | $ Per Foot | Bed/Bath | Sq Feet | Year |
SFR/D | 21224 | Doble Ave | $640,000 | $494 | 3/2,0,0,0 | 1295/E | 1960 |
SFR/D | 1624 W | 220th ST | $650,000 | $434 | 2/2,0,0,0 | 1496/E | 1930/ASR |
SFR/D | 1518 W | 213th ST | $770,000 | $439 | 3/3,0,0,0 | 1754/A | 1943/EST |
CONDO/A | 23332 | Sesame ST #D | $220,000 | $530 | 0/1,0,0,0 | 415/A | 1973/EST |
CONDO/A | 23300 | Sesame ST #36D | $242,500 | $584 | 0/1,0,0,0 | 415/A | 1973/ASR |
CONDO | 23330 | Sesame ST #A | $304,000 | $513 | 1/1,0,0,0 | 593/ | 1973 |
CONDO | 20434 S | Vermont AVE #67 | $315,000 | $480 | 1/0,1,0,0 | 656/ | 1978 |
CONDO/A | 20614 S | Vermont AVE #39 | $331,000 | $505 | 1/1,0,0,0 | 656/A | 1978/ASR |
CONDO/A | 1109 | Sepulveda BLVD #E103 | $340,000 | $550 | 1/1,0,0,0 | 618/A | 1973/PUB |
CONDO/A | 1125 | Sepulveda BLVD #K103 | $340,000 | $550 | 1/1,0,0,0 | 618/A | 1973/ASR |
CONDO/A | 1123 | Sepulveda BLVD #J104 | $367,500 | $462 | 2/1,0,0,0 | 796/A | 1973/OTH |
CONDO/A | 1117 | Sepulveda BLVD #2-102 | $390,000 | $467 | 2/2,0,0,0 | 836/A | 1973/ASR |
CONDO/A | 23212 | Sesame ST #A | $420,000 | $395 | 3/1,0,1,0 | 1064/A | 1973/ASR |
CONDO/A | 20561 S | Vermont AVE #2 | $423,500 | $438 | 2/2,0,0,0 | 968/A | 1982/ASR |
TWNHS | 22324 | Harbor Ridge LN #5 | $470,000 | $365 | 3/1,0,1,0 | 1287/A | 1979/ASR |
SFR/D | 22923 | Alexandria AVE | $508,000 | $461 | 3/1,0,1,0 | 1102/A | 1981/ASR |
SFR/D | 1049 | Jay ST | $590,000 | $590 | 3/1,0,0,0 | 1000/A | 1954/ASR |
TWNHS/A | 22919 | Mariposa AVE #303 | $590,000 | $366 | 3/4,0,0,0 | 1610/A | 2009/ASR |
SFR/D | 22727 | Menlo AVE | $665,000 | $435 | 3/2,0,0,0 | 1529/A | 1969/ASR |
TWNHS/D | 22732 | Meyler ST | $682,000 | $413 | 3/2,1,0,0 | 1650/A | 2016/ASR |
SFR/D | 20913 S | Van Deene AVE | $685,000 | $458 | 3/2,0,0,0 | 1495/AP | 1957/ASR |
TWNHS/D | 1221 | Jasmine Walk | $720,000 | $395 | 3/2,0,1,0 | 1822/A | 2004/SLR |
CONDO/A | 24450 | Ward Street | $750,000 | $526 | 3/1,1,0,0 | 1427/A | 1981/ASR |
SFR/D | 2709 | Normallin ST | $865,000 | $718 | 3/2,0,0,0 | 1204/A | 1953/ASR |
SFR/D | 2741 | Grand Summit RD | $869,998 | $814 | 3/1,0,0,0 | 1069/A | 1954/ASR |
SFR/D | 3204 | Danaha ST | $950,000 | $469 | 4/2,0,0,0 | 2027/A | 1953/ASR |
CONDO/D | 24238 | OCEAN AVE | $980,000 | $463 | 3/2,0,1,0 | 2115/B | 2020/BLD |
SFR/D | 26017 | Calmhill DR | $995,000 | $820 | 3/0,2,0,0 | 1214/A | 1955/PUB |
CONDO/D | 24240 | OCEAN AVE | $1,105,000 | $522 | 3/2,0,1,0 | 2115/B | 2020/BLD |
CONDO/D | 24236 | OCEAN AVE | $1,115,000 | $527 | 3/2,0,1,0 | 2115/B | 2020/BLD |
SFR | 2905 | OAKWOOD LN | $1,150,000 | $618 | 3/3,0,0,0 | 1860/ | 1976/ASR |
SFR/D | 2854 | WINDMILL RD | $1,175,000 | $694 | 3/2,0,0,0 | 1692/A | 1976/ASR |
SFR/D | 3207 | Carolwood LN | $1,245,000 | $615 | 3/3,0,1,0 | 2026/A | 1977/ASR |
SFR/D | 24411 | Neece AVE | $1,375,000 | $535 | 4/2,0,1,0 | 2572/A | 2001/ASR |
SFR/D | 2503 | Loftyview DR | $1,399,000 | $368 | 5/3,0,1,0 | 3804/SEE | 2004/ASR |
CONDO/A | 3550 | Torrance BLVD #109 | $369,000 | $647 | 1/1,0,0,0 | 570/A | 2006/PUB |
CONDO/A | 3230 | Merrill DR #74 | $410,000 | $476 | 2/1,0,0,0 | 861/A | 1964/ASR |
CONDO/A | 3230 | Merrill DR #61 | $432,500 | $502 | 2/1,0,0,0 | 861/SEE | 1964/ASR |
CONDO/A | 2940 W | Carson ST #113 | $455,000 | $484 | 2/2,0,0,0 | 941/A | 1962/ASR |
CONDO/A | 2940 W | Carson ST #224 | $475,000 | $591 | 2/1,0,0,0 | 804/A | 1962/ASR |
SFR/D | 1621 | Crenshaw BLVD | $555,000 | $1,076 | 2/1,0,0,0 | 516/A | 1924/PUB |
TWNHS/A | 2931 | Plaza Del Amo #46 | $645,000 | $544 | 2/2,0,1,0 | 1186/A | 1985/ASR |
CONDO | 2595 | Plaza Del Amo #427 | $727,000 | $509 | 2/2,0,1,0 | 1429/T | 1986 |
CONDO/A | 2577 | Plaza Del Amo #706 | $750,000 | $551 | 2/2,0,1,0 | 1362/A | 1987/ASR |
SFR/D | 1605 | Date AVE | $770,000 | $759 | 2/1,0,0,0 | 1015/A | 1956/ASR |
TWNHS/A | 2825 | Plaza Del Amo #166 | $790,000 | $430 | 3/3,0,0,0 | 1839/A | 1994/ASR |
TWNHS/A | 3446 | Del Amo BLVD | $805,000 | $482 | 4/2,0,1,0 | 1670/A | 1974/PUB |
SFR/A | 2815 | SEPULVEDA BLVD #9 | $895,000 | $383 | 3/3,0,0,0 | 2334/A | 2001/ASR |
SFR/D | 2889 | Plaza Del Amo #912 | $1,000,000 | $438 | 3/2,0,1,0 | 2285/A | 2003/ASR |
CONDO/A | 22883 #B | Nadine Circle | $420,000 | $376 | 1/1,1,0,0 | 1117/AP | 1963/ASR |
CONDO/A | 23063 | Nadine Circle A | $505,000 | $452 | 2/1,1,0,0 | 1117/A | 1963/ASR |
CONDO/A | 22936 | Nadine CIR #B | $520,000 | $547 | 1/1,0,1,0 | 950/A | 1963/ASR |
CONDO/A | 22947 | Maple AVE | $577,640 | $517 | 2/1,1,0,0 | 1117/A | 1963/ASR |
CONDO/D | 24410 | Crenshaw BLVD #321 | $599,000 | $362 | 3/2,0,0,0 | 1654/A | 1987/ASR |
TWNHS/A | 2752 W | 235th ST | $685,000 | $489 | 2/2,0,0,0 | 1400/B | 1999/ASR |
SFR/D | 3703 W | 225th ST | $863,000 | $636 | 3/1,0,1,0 | 1356/A | 1953/ASR |
SFR/D | 22313 | Ward ST | $899,000 | $701 | 4/2,0,0,0 | 1283/A | 1956/ASR |
SFR/D | 2625 W | 225th ST | $965,000 | $600 | 4/2,0,0,0 | 1609/A | 1960/ASR |
SFR/D | 2743 W | 233rd ST | $1,120,000 | $556 | 4/2,0,0,0 | 2013/A | 1965/ASR |
SFR/D | 23108 | Greenwood AVE | $1,195,000 | $678 | 4/2,0,0,0 | 1763/A | 1965/ASR |
SFR/D | 22603 | Felbar AVE | $1,303,000 | $558 | 4/3,0,1,0 | 2337/A | 1963/ASR |
SFR/D | 23402 | Susana AVE | $1,152,600 | $1,037 | 3/1,0,1,0 | 1112/A | 1954/ASR |
SFR/D | 5416 | Riviera WAY | $1,280,000 | $826 | 3/2,0,1,0 | 1549/A | 1954/ASR |
SFR/D | 23206 | Anza AVE | $859,000 | $559 | 3/2,0,0,0 | 1536/A | 1960/PUB |
SFR/D | 22708 | Linda DR | $1,000,000 | $940 | 3/2,0,0,0 | 1064/A | 1952/ASR |
SFR/D | 22914 | Kent AVE | $1,108,000 | $511 | 5/3,0,0,0 | 2167/A | 1955/ASR |
SFR/D | 22718 | Evalyn AVE | $1,200,000 | $716 | 4/3,0,0,0 | 1675/A | 1953/ASR |
SFR/D | 5404 | Palos Verdes BLVD | $1,250,000 | $640 | 3/1,1,0,1 | 1952/A | 1952/ASR |
SFR/D | 5110 | Milne DR | $1,359,000 | $558 | 4/2,1,0,0 | 2435/A | 1952/ASR |
SFR | 3850 W | 230th St. ST | $1,570,000 | $470 | 4/3,0,0,0 | 3342/ | 1990 |
SFR/D | 21922 | Ladeene AVE | $865,000 | $744 | 3/1,1,0,0 | 1162/A | 1956/ASR |
SFR/D | 21701 | Ocean AVE | $950,000 | $531 | 4/2,0,0,0 | 1790/A | 1956/ASR |
SFR/D | 21517 | Ladeene AVE | $1,030,000 | $660 | 3/2,0,0,0 | 1560/A | 1956/PUB |
SFR | 4709 W | Carson ST | $1,042,000 | $677 | 3/2,0,0,0 | 1539/B | 1955 |
SFR/D | 21901 | Redbeam AVE | $1,100,000 | $947 | 3/2,0,0,0 | 1162/A | 1955/ASR |
SFR/D | 4927 | Jacques ST | $1,175,000 | $556 | 4/2,0,0,0 | 2114/A | 1955/EST |
SFR/D | 5531 | Laurette ST | $1,885,000 | $462 | 5/1,3,1,0 | 4083/A | 2005/ASR |
CONDO/A | 4520 | Emerald ST | $705,000 | $476 | 2/2,0,1,0 | 1480/P | 1981/PUB |
TWNHS/A | 4418 | Spencer ST | $857,500 | $340 | 3/2,0,1,0 | 2525/A | 1984/ASR |
SFR/D | 19445 | Sturgess DR | $930,000 | $530 | 3/2,0,0,0 | 1754/A | 1956/ASR |
SFR/D | 5507 | Norton ST | $955,000 | $853 | 3/1,1,0,0 | 1120/A | 1956/ASR |
SFR/D | 20135 | Talisman ST | $960,000 | $727 | 3/1,1,0,0 | 1320/A | 1955/PUB |
SFR/D | 5313 | Carmelynn AVE | $970,000 | $615 | 3/1,1,0,0 | 1577/A | 1956/ASR |
SFR/D | 4726 | Carmelynn ST | $995,000 | $709 | 3/1,1,0,0 | 1403/A | 1955/ASR |
SFR/D | 4701 | Steele ST | $1,140,000 | $602 | 3/2,0,1,0 | 1894/A | 1986/ASR |
SFR/D | 5010 | Onyx ST | $1,275,000 | $553 | 4/2,0,0,0 | 2307/A | 1961/APP |
SFR/D | 5540 | Norton ST | $1,845,000 | $530 | 4/4,0,0,0 | 3481/P | 1989/PUB |
TWNHS/A | 3888 | Redondo Beach BLVD | $609,600 | $535 | 2/2,0,1,0 | 1140/A | 2005/ASR |
SFR/D | 17404 | Elgar AVE | $700,000 | $658 | 3/1,0,0,0 | 1064/A | 1951/ASR |
SFR/D | 18926 | Florwood | $700,000 | $711 | 3/1,0,0,0 | 985/A | 1953/ASR |
TWNHS/A | 18050 | Prairie AVE #A | $700,000 | $482 | 3/2,0,1,0 | 1452/A | 1989/ASR |
SFR/D | 17011 | Osage AVE | $765,000 | $574 | 3/1,1,0,0 | 1333/A | 1951/PUB |
SFR/D | 16607 | Falda AVE | $800,000 | $614 | 3/1,0,1,0 | 1304/A | 1952/ASR |
SFR/D | 3232 W | 187th PL | $800,000 | $576 | 3/2,0,0,0 | 1389/A | 1950/ASR |
SFR/D | 3407 W | 190th ST | $810,000 | $443 | 4/3,0,1,0 | 1828/O | 1951/SEE |
SFR/D | 3231 W | 188th ST | $829,000 | $750 | 3/2,0,0,0 | 1106/A | 1950/ASR |
SFR/D | 4122 W | 183rd ST | $890,000 | $578 | 4/3,0,0,0 | 1540/A | 1954/ASR |
TWNHS/D | 18305 | Amie AVE | $900,000 | $441 | 4/3,1,0,0 | 2040/A | 2007/OTH |
SFR/D | 16842 | Thornburgh AVE | $920,000 | $536 | 4/2,0,0,0 | 1716/A | 1953/ASR |
SFR/D | 2735 W | 176th ST | $550,000 | $602 | 2/1,0,0,0 | 914/A | 1950/ASR |
TWNHS/A | 18337 | Van Ness AVE | $635,000 | $390 | 4/2,0,1,0 | 1627/A | 1964/ASR |
SFR/A | 2612 W | 176th ST | $715,000 | $699 | 3/1,0,0,0 | 1023/A | 1950/ASR |
SFR/D | 2023 W | 162nd ST | $810,000 | $548 | 3/1,1,0,0 | 1479/A | 1951/ASR |
SFR/D | 2509 W | 178th ST | $813,500 | $698 | 3/0,1,1,0 | 1166/A | 1955/ASR |
SFR/D | 18031 | Gramercy PL | $840,000 | $625 | 3/2,0,1,0 | 1343/A | 1957/ASR |
TWNHS/A | 17508 | Van Ness AVE | $915,000 | $515 | 3/2,0,2,0 | 1776/B | 2018/ASR |
SFR/D | 2145 | Johnson CT | $990,000 | $540 | 4/2,0,0,0 | 1832/A | 1965/ASR |
TWNHS/A | 911 | Cota AVE #4 | $580,000 | $436 | 2/1,1,1,0 | 1329/A | 1984/ASR |
TWNHS/A | 2701 | Gramercy AVE #8 | $665,000 | $494 | 3/3,0,0,0 | 1345/A | 1984/ASR |
TWNHS/A | 2701 | Gramercy AVE #2 | $672,000 | $500 | 3/2,0,1,0 | 1345/A | 1984/PUB |
TWNHS/A | 2160 | Plaza Del Amo #175 | $674,000 | $444 | 3/1,1,1,0 | 1517/A | 1979/ASR |
TWNHS/A | 2132 | Washington AVE | $705,000 | $511 | 2/2,0,1,0 | 1379/A | 2006/ASR |
TWNHS/A | 807 | Van Ness AVE #D | $708,000 | $482 | 3/2,0,1,0 | 1470/A | 2000/ASR |
TWNHS/D | 2112 | Santa Fe AVE | $713,000 | $405 | 3/2,0,1,0 | 1761/A | 1991/ASR |
SFR/D | 1014 | Sierra PL | $715,000 | $594 | 2/1,0,1,0 | 1204/A | 1950/ASR |
SFR/D | 2624 | Martha AVE | $725,000 | $724 | 2/2,0,0,0 | 1001/A | 1949/ASR |
SFR/D | 812 | Portola AVE | $765,000 | $428 | 4/2,1,0,0 | 1786/A | 1920/ASR |
TWNHS/A | 1800 | Oak ST #346 | $770,000 | $579 | 2/2,0,1,0 | 1330/A | 2007/ASR |
SFR/D | 2024 | Gramercy AVE | $835,000 | $769 | 3/1,1,0,0 | 1086/A | 1917/ASR |
TWNHS/A | 624 | Madrid AVE | $880,000 | $390 | 3/2,0,1,0 | 2256/A | 1990/ASR |
TWNHS/A | 2303 | Jefferson ST #1200 | $910,000 | $376 | 3/3,0,1,0 | 2419/B | 2010/ASR |
SFR/D | 1511 | Acacia AVE | $949,900 | $768 | 3/2,0,0,0 | 1237/A | 1927/ASR |
TWNHS/A | 2200 W | 236th PL W | $650,000 | $594 | 2/3,0,0,0 | 1094/B | 2018/ASR |
SFR/D | 1762 W | 244th ST | $725,000 | $580 | 3/2,0,0,0 | 1250/A | 1953/ASR |
SFR/A | 2025 | Reynosa DR | $753,000 | $727 | 2/1,0,0,0 | 1036/A | 1947/APP |
SFR/D | 1957 W | 235th PL | $850,000 | $564 | 4/2,0,0,0 | 1508/A | 1963/ASR |
SFR/D | 2062 W | 234th ST | $1,130,000 | $451 | 4/3,0,0,0 | 2508/S | 1965/ASR |
SFR/D | 1926 W | 237th PL | $1,188,000 | $364 | 4/5,0,0,0 | 3263/A | 1992/ASR |