Tag: Torrance Real Estate
FLASH As we speak Redondo Beach is filing suit to block Nordstrom from moving to Torrance. Center of Controversy Announced recently are plans to renovate and further develop the north and west sides of Del Amo Fashion Center beginning in 2013. The owners of the mall; Simon Property Group and J.P. Morgan announced their plans on December 11th along with Torrance Mayor Scotto. Nordstrom will be moving into the mall when all renovations are completed between 2013 and 2017.. Nordstrom will be moving from their present location in the South Bay Galleria. The exterior of the mall will be remodeled and re designed, the food court will be completely renovated into a garden environment, many parking spaces added along with other improvements. The older buildings on the west side of the mall will be torn down and replaced with the new home for Nordstrom. The goal is to return the mall to its former title of the biggest shopping center in the nation. The new mall is expected to add an additional $2-$3M in revenues for the city of Torrance when completed. Read More
Here are some surprising ways to save energy around your South Bay home: 1 If you place lamps in the corners of your rooms, the walls help to reflect light out into the room. 2 Use a laptop computer instead of a desktop. A laptop uses 1/3 less energy. 3 Dont switch to a plasma flat screen it uses much more energy than an LCD. 4 Put a blanket on your water heater and turn down the temperature a little. A water heater blanket can save anywhere from 4% to almost 10% on the average water heating bill. 5 Using an electric stove? Turn off the burner before your finished cooking as the burner stays hot for awhile after you shut it off. 6 Spin laundry more. Let your washer spin the water out of the laundry, even if you have to spin it twice, it will save energy use in the dryer. Some new washers can cut energy in half by eliminating the time required for the dryer to run. 7 Shut off your refrigerators ice maker and use an ice tray or two. A refrigerator ice maker increases your energy consumption up to 20%. When you use ice trays, there is no increase in energy use or costs. 8 Use your dishwasher, it uses 1/3 of the hot water that you would use if you washed your dishes by hand. Read More
Many people are amazed the first time they visit the small community of Walteria. Most people say it’s like being in a small rural town when they come to Walteria. Some of the area is hilly and rural like, no sidewalks, large overhanging trees and peace and quiet galore. Read More
For years, many critics argued that when a big box store like Walmart comes to town, it would automatically bring lower home values to those homes near-by. This was referred to as the "Walmart Effect" and over the years it made near-by residents nervous and often prompted those residents to oppose the proposed store. Following is a video of the Torrance area where the new Walmart is being constructed. A new study, according to Realtor Magazine, reports that just the opposite happens. The researchers found that homes within a half mile of a new Walmart store saw their home prices increase on an average about $7,000 in the two-and-a-half years after the store opened. Homes located a half mile to one mile away saw a $4,000 increase. These results came after analyzing more than 1 million real estate transactions, near 159 newly opened Walmart stores between 2000 and 2006. So, residents near to the new incoming Walmart store at Hawthorne Blvd. and Sepulveda, your property values maybe going up. That is good news for sure. Read More
If you’ve been thinking of selling your investment house or your South Bay home, you should make sure that you take full advantage of home staging trends. One of the best things about staged homes is that they sell in less time. Staged homes also sell for more money. A staged exterior will also draw viewers. Once a buyer has stepped inside of the home, he will know within a matter of seconds whether or not he likes the home. Staging the living rooms and kitchens will also help to sell the home. Staged homes will also attract more real estate agents and get more advertising as well. There’s no other way to look at it, other than staged homes sell. They attract more buyers, more real estate agents, and they give people the feeling of home. When you go out of your way to make the buyer feel that your home is his dream home, he will know it. Read More
According to several researchers from several universities, "Now is the perfect time to buy that real estate property that you have been wanting to buy. The study which was completed in February 2012, concluded that now is the time for renters to buy that real estate property and become a homeowner if they ever plan to. The study was aimed at those renters who feel that owning a real estate property can appreciate and build them wealth. This is a part of a series discussing the rent vs. buy decision that faces some of us. So if you are one of our South Bay residents still renting, perhaps I could show you some properties you will love and the ways it is possible for you to purchase that Torrance home of your dreams. Read More
If you listen carefully, people are still in conversation as to why they wish to get involved in the South Bay real estate market and eventually buy a home. The #1 reason is still the fact they want to own the place they live in. And, they just want to be a homeowner. The tax considerations, growing equity over time and being able to renovate and remodel to their tastes or as they see fit, is part of being a homeowner. Even after the few bad years in the real estate market that we have all experienced, the vast majority of people want to invest in their own place to live. The #2 reason is that many want to buy now and then move later. This is a partially market-based sentiment, of course, as the rationale for buying right now is that prices and interest rates are low. The #3 reason is that they don't want to have to move anymore. Many people bought homes at the top of the market and many ended up selling the home for less than they bought it for, and of course, many went underwater and lost the home to foreclosure. Loss of jobs, re-location and other reasons, including rising gasoline prices and prices of other items did not help the situation. This all proves that owning real estate, especially the home you live in is still an American dream that lives on and on Read More
The South Bay area Los Angeles, has fifteen incorporated cities plus portions of the City of Los Angeles and unincorporated portions of the County of Los Angeles. The area is bounded by the Pacific Ocean on the south and west, and generally by the City of Los Angeles on the north and east. Its called the South Bay because it is located on the south end of the Santa Monica Bay. Because of its location, with the Pacific Ocean at its backdoor, LAX and the Ports of Los Angeles and Long Beach, the South Bay area is prime real estate because of these transportation hubs. The real estate throughout the South Bay area is highly desired and sought after. This is a beautiful part of Southern California and most of the real estate is made up of beachside communities like Hermosa Beach, Manhattan Beach, Redondo Beach, Torrance, Rancho Palos Verdes, and El Segundo. There are many other cities that are all located within a few miles of the Pacific Ocean and beaches. The South Bay area is not only a beautiful place, but it is also a geat place to live, work and vacation, which accounts for the thousands of tourists that visit the South Bay each year. You can find a diversity of homes in the South Bay including single family homes, estate homes, hillside and waterfront homes, condominiums and townhomes, cottages, duplexes and beautiful apartment buildings. Many of the homes in the South Bay that are going on the market for sale, often sell before they can be advertised in the newspapers. The South Bay homes real estate market has always been, and continues to be very hot. Demand remains very high for any South Bay homes for sale. The South Bay home buying market is hot, but the South Bay selling market is just as active. Often, there is a shortage of homes on the market for buyers. South Bay prices are rising again with many homeowners unaware of just how much their homes are increasing in value. Commercial properties in the South Bay continue to be hot also, whether it's land, new, pre-owned or undeveloped, there is always a demand for good location business property. With the diversity and great selection available in residential homes in the South Bay, you can find just about the perfect home for you and your family and at a price to fit your budget. Read More
The city of Torrance has without a doubt, some of the most unique and beautiful residential areas of any other city in the Los Angeles area. You can find upscale estate type single family homes, more traditional homes in traditional all American neighborhoods, sitting on tree lined streets, hillside homes... Read More
One of the best kept secrets in the South Bay is the Hollywood Riviera section of Torrance and the 'way back' connection to Hollywood. Homes in the area are located on the slopes of the Palos Verdes Peninsula and many have incomparable coastline views. There are 180-degree views that can include the ocean, beaches, mountains and city lights of numerous cities across the Los Angeles basin! This is the city of Torrance, but it's zip code is that of Redondo Beach. The area is located between Redondo Beach and Palos Verdes Estates and extends the city boundaries to the ocean where the County owns and operates a lifeguard tower and a parking lot at the shoreline. The residents of Hollywood Riviera are part of the award winning Torrance school district. Hollywood.jpgAerial view of the Hollywood Riviera Beach Club taken on July 27, 1930. Back when the original developer first had the thought about building homes in the area now called Hollywood Riviera, his idea was to get the then Hollywood trend setters and stars to consider this area to live in and grow from there. Today, the 'Riviera' has wonderful older traditional single family homes, condominiums, town homes, and even some apartments, especially down the hill closer to PCH and to the beach south of Riviera Village. Riviera Village has retail shops, specialty shops, restaurants, coffee cafes, grocery stores, medical and professional services and other offices and services. In summary, there are Hollywood Rivera homes with spectacular ocean views, and homes that are situated on hilly, quiet rural-like streets. Housing prices will vary according to location, size, age, etc., and offer prices to fit just about all budgets. There is something for everyone in the Hollywood Riviera, including peace, privacy and much seclusion if that is what you are looking for in a home. Read More