Torrance – Sunset above Torrance Beach.

Torrance has had an active rental units market in 2013.  Currently:

  • 6 Income buildings are on the market priced from $675,00 to $1,349,000.
  • 3 Buildings are in escrow.
  • 31 Rental units have sold this year ranging from $400,000 to $2.3M.
The average time for units to sell has been 66 days.  The average sale price is $941,000, while the median is $825,000.  About 80% of the buildings were in the 2 to 4 unit configuration, with the remaining buildings being over 5 units.
If you would like more information on available rental properties in Torrance or other areas of Los Angeles, please give me a call.
– Josh Toering, REMAX Estate Properties
(310) 525-9440

Torrance income property for sale:

By | November 19th, 2013|Front Page, Income Property, Torrance|0 Comments

About the Author:

Norma Toering is the broker-owner of Charlemagne Intl Properties a boutique real estate company in Los Angeles. She has been a local South Bay real estate agent since 1992. Norma is the most well known & award winning real estate blogger in Palos Verdes. Forbes magazine consulted Norma on Palos Verdes property values when compiling their Forbes 400 list. Cell: 310-493-8333 Cell: 310.493.8333

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