Thursday, November 6, 2014

Torrance Income Unit Sales - Update Nov 2014

Tree in Torrance Park 

Torrance has many duplex units on the market this month with over 80% of the "for sale" apartments being 2-unit or 3-unit buildings. All eleven of the available units this month are standard sales.
  • Available Units: 11 Apartments are listed for sale in Torrance priced from $759K to $3.295M
  • Units in Escrow: 7 Units are in escrow ranging from $695K to $1.25M
October sales includes 2 units from $995,000 to $3,650,000. Unit breakdown:
  • Duplex sales – 0
  • Triplex sales – 0
  • Fourplex sales – 1
  • Sixteen unit building – 1
On pricing, this month’s units sold an average of 3% above the asking prices. The average time on market was 3 months.

 Would you like more information about income units in Torrance? Find out the current market value of apartments you own? Toering & Team has helped many investors with both buying and selling investment properties around the entire South Bay of Los Angeles. Let us know how we can help!

 - Josh Toering (310) 525-9440 or email

  Torrance Units for Sale:

No comments:

Post a Comment