Best Neighborhoods To Invest In Torrance, CA
Investing in Torrance, California, presents a range of promising neighborhoods, each offering unique characteristics and investment potential. Below is an overview of some top areas to consider, along with their median home sale prices as of late 2024.
1. Hollywood Riviera
Hollywood Riviera is located in the southern part of Torrance. Known for its charming homes, tree-lined streets, and stunning ocean views, this upscale community offers a mix of mid-century modern residences and luxurious estates. Residents enjoy easy access to the beach and the vibrant Riviera Village, a hub for shopping and dining.
The combination of top-rated schools and a family-friendly atmosphere makes Hollywood Riviera a sought-after destination for families and professionals alike. As of December 2024, the median home price in Hollywood Riviera was approximately $1.8 million.
2. Southwood
A highly sought-after neighborhood in central Torrance, known for its well-maintained homes, quiet streets, and excellent schools. This family-friendly community features a variety of single-family homes, ranging from cozy bungalows to spacious two-story houses.
Southwood is conveniently located near shopping centers, parks, and top-rated schools, making it an ideal choice for families and first-time homebuyers. In July 2024, the median home price in Southwood was around $1 million.
3. Walteria
A diverse and vibrant neighborhood in southern Torrance, offering a mix of single-family homes, townhouses, and condos. This community is known for its excellent schools, beautiful parks, and convenient location near shopping and dining options.
Walteria is also home to the popular Rolling Hills Plaza, which features a variety of shops, restaurants, and entertainment options. As of December 2024, the median home price in Walteria was approximately $1.45 million.
4. West Torrance
West Torrance is known for its top-rated schools, beautiful parks, and proximity to the beach. This community offers a variety of housing options, from single-family homes to townhouses and condos.
Residents appreciate the convenience of nearby amenities, including the Del Amo Fashion Center, one of the largest shopping malls in the United States. In December 2024, the median home price in West Torrance was about $1.4 million.
5. Old Torrance
A historic neighborhood with a charming downtown area, featuring a mix of vintage homes, shops, and restaurants. This community offers a unique blend of historic charm and modern amenities, making it an attractive option for those looking for a walkable neighborhood with character.
Old Torrance is also home to several parks and top-rated schools, making it a great choice for families and young professionals. As of December 2024, the median home price in Old Torrance was approximately $850,000.
Each of these neighborhoods in Torrance provides distinct advantages for investors. Depending on your investment goals and target demographics, these areas offer a variety of opportunities to suit different preferences and needs.
