Interested in purchasing investment houses in the 90501 zip code in Torrance, CA?
The zip code 90501 is in Los Angeles county with a latitude of -118.314260000000 and longitude of 33.833400000000, is in the state of California. The average asking price of houses and condos is $461,702.00 and the average sale price was $441,154.00. this regions is classified as the Reno metro area and consists of the following area codes: 310 and 424. The location in degrees is 33° 50' 0.24" N, 118° 18' 51.336" W. The county F.I.P.S. is 06037. This zip code contains four cities including Torrance, CA (69.68%), Los Angeles, CA (29.66%), West Carson, CA (0.52%), and Lomita, CA (0.14%) The total land area is 5.6 square miles and the water area is 0.0 square miles. The elevation in this area is 59 - 82 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 90501 is in county number 037 and is L. Sector 11, L. Segment , H. Sector , and H. Segment . The population was 42,432 in 2019 and 43,180 in 2010. This further breaks down to 20,882 males (49.2%) and 21,549 females (50.8%). The median age of residents is 38.1 years. The population of the greater Los Angeles-Long Beach-Santa Ana, CA area is 13,331,266. The population density (people per square mile) is 7,545. This zip code has a combined total of 15,933 houses and condos. There are 7,856 rented appartments. 54% of residents rent versus the 54% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $57,340 and the average salary is $52,141. The median household income of individuals is $53,213.00 and the average is $67,030.00. This zip code has a mean commute time to work of 30.0 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 47.00% (Under $50,000), 32.40% ($50,000-$100,000), and 20.60% earn over $100,000. 14.3% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 138.3. The educational breakdown is 85.8% have a high school education or higher, 36.1% have a bachelor's degree or higher, and 11.4% have some kind of profesional degree.
This area has 14,610 households and the average size is 2.9 people. Individuals who are single and have never been married are 37.3%, 49.1% are now married, 2.0% are separated, 3.8% are widowed, and 7.9% are divorced. The average yearly contribution amount given by people to charity was $3,296 versus the state average of $4,659. The percent of residents who gave to charity was 26.6%.
The estimated median value of houses and condos is $713,649. The median monthly owner costs of mortgage holders was $2,711, where as the costs for those who don't have a mortgage are $579. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $4,826. In comparision, the average real estate tax percent rate in the state is 0.7% which equated to an average real estate tax amount payment in the state of $4,142. The median housing property tax percent for residents with mortgages was 0.7% which amounted to an average tax amount of $5,349. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.5% which amounted to an average tax amount of $3,551. Reported taxable interest for persons was $1,263, dividends $4,075, capital gains +$7,309, and itemized deductions $28,174. The average earned income tax credit is $2,255. The percent of individuals that use a tax preparer is 69.9%. The total average income taxes paid by individuals was $9,892. Businesses reported an average profit of $12,852.
Gonpachi
21381 S Western Ave, Torrance, CA 90501
Nozomi Restaurant
1757 W Carson St Ste L, Torrance, CA 90501
Koryo Jung
1585 Sepulveda Blvd Ste N, Torrance, CA 90501
Matsui
21605 S Western Ave, Torrance, CA 90501
Acapulco Cafe
1406 W Carson St, Torrance, CA 90501
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