Torrance, CA Real Estate

According to census data in the year 2000 there were 55,964 housing units in Torrance. This represents a 1.9% growth from 54,927 in 1990.

Of those housing units, 55,964 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Torrance is about 56%. Torrance's vacancy rate, including seasonal lodging, is about 2.6%. Average household size is 2.51 people.

The majority of houses, apartments or condos in Torrance were built after 1962.


Housing Size

Housing Units by Size
Studio Type6.40%
One Bedroom19.30%
Two Bedrooms26.10%
Three Bedrooms33.10%
Four Bedrooms12.60%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.68
Median year structure was built1958
Median Value of occupied units$320,700
Median Price asked for vacant units$340,500

Rented Homes, Apartments and Condos

Average Household Size2.29
Median year structure was built1966
Median Monthly Rent asked for vacant units$866

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage10.10%
Home Equity Loan7.50%
Simple Mortgage57.90%
Debt Free24.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs22%