Torrance Income Unit Sales - Update Nov 2014

 

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 ToeringandTeam@gmail.com

  Torrance Units for Sale: