June was back to being a busy month for real estate in the Plaza Del Amo area. This was a big difference from the slow market in April and May due to the
uncertainty from the Covid situation. June 2020 saw a big uptick in the number of home sales in the Plaza Del Amo area as well as home sales in all of Torrance CA.
Of the homes that sold there was a sale in Tradewinds 55+ community, 55+ on Oak, as well as Springwood, Windemere, Summer Wind and the Verdi Collection.
View the current homes for sale in Plaza Del Amo and Central Torrance
June 202o Home Sales in Central Torrance and Old 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 (Springwood) | $633,000 | $534.63 | 2/3,0,0,0 | 1184/A | 1985/ASR |
| OC20086944 | CONDO/A | 2800 | Plaza Del Amo #1 (Summerwind) | $665,000 | $522.39 | 2/2,0,1,0 | 1273/A | 1989/ASR |
| SW20073641 | CONDO/A | 2551 | Plaza Del Amo #A (Windemere) | $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 (Verdi Collection) | $995,000 | $392.35 | 4/2,0,1,0 | 2536/A | 1991/ASR |
| Old Torrance | ||||||||
| MLS # | Type | Addres | 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.
over 50% drop in home sales from the year before. In April Torrance saw 81 home sales in April which was well below the 99 sold homes from this time a year ago but still a solid number.. The median list price for the homes that sold was $789,000 with the median “sold” price of $779,000 indicating a strong seller’s market.
and are now back on the market. **
home buyers wonder if it makes more sense to own to rent. The answer, of course, depends on each situaion, but from a long term perspective it always makes sense to be an owner….not a renter. While renting is often less expensive in the near term, it does nothing to build wealth and unlike a fixed rate mortgage, rents continue to go up. What may seem cheaper now, may be far more expensive later on. Everyone is different but in terms of long term planning it’s almost always better to own than rent.