South Torrance, Ca 90505
What’s the real estate market doing in SOUTH TORRANCE, 90505?
Costco to Build New Store
According to Nick Green, of the Daily Breeze, another big change in the wind. Costco has filed an application with the city to build a larger store with more parking. This will be built on the 23-acre parcel on Lomita Boulevard adjacent to its current location. The new store would total 161,500 square feet on 17.5 acres. The current store is 148,000-square-foot store and features 761spaces compared to the new store which will offer 874 parking spaces for the shoppers convenience.
The other interesting part of this story is that Home Depot
located in the Crossroads Shopping center is considering moving in to the old Costco once the new structure and the Costco move in complete which is across the street for Lowes.
I Am Thinking of Remodeling My Mid Century Torrance Home. Where Do I Start?
Ask these questions:
Why am I remodeling?
How much do I want to spend?
Is the remodeling for my pleasure or to upgrade for reselling?
Make out a budget following these guidelines:
On a $400,000 Home, You will want to cap at $60,000 for remodeling using the following percentages.
Finished attic account for 10-15%
½ bath= 5%, bathrooms,
Full bath: 5-10%
Kitchen 10-15% of the property value.
Photo courtesy of DIY Network
Photo courtesy of DIY Network
Once you have devised a budget, interview General contractors, asking for copies of their licenses and insurances, including workman’s comp. Make your choice, sign the contract and you are on your way to a beautiful like new Torrance home.
Redondo Beach Wilderness Park
One of the best kept secrets in the South Bay is Redondo Beach’s Hopkins Wilderness WILDERNESS PARK2Park. This eleven acre camping, picnic and study park is located just where Sepulveda becomes Camino Real in Redondo Beach(see our Map below). It sits high upon the El Segundo Sand Hills. You will find meadows, water streams and ponds housing turtles, crayfish and bullfrogs, Wilderness Park welcomes visitors as well as day and overnight campers (reservation required). WILDERNESS PARK-map
There is no entrance fee for day visitors with the park being open six days a week (closed Wednesday) from 10:00a.m. – 4:30 p.m. daily.
This is a great place to take the children to introduce them to Nature. You can even camp over night if you wish. But if you are not that ambition they have wonderful camp site for picnics.
It is worth a trip just to see what is offered at this unique city park and once you do see it , I guarantee you will be back.
If you want to Sell your Home-Now is the Time for Top Dollar
If you are holding off selling your property but you do want to relocate. You might want to consider putting your house on the market now. The reason being the home inventory is down because of the following reasons.
While prices have been rising, sales activity has not followed. In December, only 308 single-family homes were sold, down nearly 9 percent from a year earlier, as inventory dropped.
There is only six weeks supply of inventory on the market, The supply and demand rule is in motion.
One of the reasons for a lack of supply is that there is a low inventory of distressed homes on the market.
This along with homeowners, many who have been underwater for the last few years and who plan to sell are waiting for getting the benefit of rising prices.
Torrance Theatre Company presents Three Plays
We have a terrific Theater group here in Torrance Called the Torrance Theatre Company. Take advantage of the great entertainment right here in The South Bay by attending the plays being presented for the rest of this theater season.
2013-2014 Brochure Inside-Reduced
