Interested in purchasing investment houses in the 90503 zip code in Torrance, CA?
The zip code 90503 is in Los Angeles county with a latitude of -118.353570000000 and longitude of 33.840730000000, is in the state of California. The average asking price of houses and condos is $601,625.00 and the average sale price was $593,040.00. 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' 26.628" N, 118° 21' 12.852" W. The county F.I.P.S. is 06037. The total land area is 5.3 square miles and the water area is 0.0 square miles. The elevation in this area is 85 - 102 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 90503 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 45,091 in 2019 and 44,383 in 2010. This further breaks down to 21,812 males (48.4%) and 23,278 females (51.6%). The median age of residents is 41.6 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 8,512. This zip code has a combined total of 18,058 houses and condos. There are 8,291 rented appartments. 49% of residents rent versus the 49% 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 $79,330 and the average salary is $73,163. The median household income of individuals is $75,723.00 and the average is $106,160.00. This zip code has a mean commute time to work of 28.8 minutes. The unemployment rate is 3.3%. Income earners by percent breakdown as 30.20% (Under $50,000), 36.10% ($50,000-$100,000), and 33.70% earn over $100,000. 6.8% of residents live below poverty line versus the 11.8% in the state that are below this line. The cost of living index is 138.8. The educational breakdown is 96.5% have a high school education or higher, 56.3% have a bachelor's degree or higher, and 19.3% have some kind of profesional degree.
This area has 17,183 households and the average size is 2.6 people. Individuals who are single and have never been married are 29.8%, 54.7% are now married, 0.9% are separated, 6.6% are widowed, and 8.1% are divorced. The average yearly contribution amount given by people to charity was $3,548 versus the state average of $4,659. The percent of residents who gave to charity was 37.6%.
The estimated median value of houses and condos is $883,271. The median monthly owner costs of mortgage holders was $2,925, where as the costs for those who don't have a mortgage are $598. The median number of rooms in houses and condos are 5.9 versus apartments which had a median number of 3.6.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $5,691. 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 $6,523. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $3,521. Reported taxable interest for persons was $1,335, dividends $4,223, capital gains +$10,653, and itemized deductions $29,751. The average earned income tax credit is $1,812. The percent of individuals that use a tax preparer is 62.4%. The total average income taxes paid by individuals was $12,329. Businesses reported an average profit of $17,393.
Black Angus Steakhouse
3405 W Carson St, Torrance, CA 90503
Outback Steakhouse
21880 Hawthorne Blvd, Torrance, CA 90503
Red Lobster
21233 Hawthorne Blvd, Torrance, CA 90503
Ra Sushi
3525 W Carson St Ste 161, Torrance, CA 90503
Benihana
21327 Hawthorne Blvd, Torrance, CA 90503
Rascals Teriyaki Grill
5111 Torrance Blvd, Torrance, CA 90503
Lucille's Smokehouse BBQ
21420 Hawthorne Blvd, Torrance, CA 90503
Bamboo Garden Cafe
20535 Hawthorne Blvd, Torrance, CA 90503
Scardino's Restaurant
4803 Torrance Blvd, Torrance, CA 90503
Chart House
231 Yacht Club Way, Redondo Beach, CA 90277 (1.8 miles away)
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