Interested in purchasing investment houses in the 90505 zip code in Torrance, CA?
The zip code 90505 is in Los Angeles county with a latitude of -118.348020000000 and longitude of 33.808870000000, is in the state of California. The average asking price of houses and condos is $669,727.00 and the average sale price was $651,034.00. 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° 48' 31.932" N, 118° 20' 52.872" W. The county F.I.P.S. is 06037. The total land area is 5.8 square miles and the water area is 0.0 square miles. The elevation in this area is 98 - 148 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 90505 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 10, and H. Segment 10. The population was 37,625 in 2019 and 36,678 in 2010. This further breaks down to 18,272 males (48.6%) and 19,353 females (51.4%). The median age of residents is 42.3 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 6,493. This zip code has a combined total of 15,051 houses and condos. There are 6,162 rented appartments. 43% of residents rent versus the 43% 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 $90,074 and the average salary is $78,216. The median household income of individuals is $76,153.00 and the average is $107,840.00. This zip code has a mean commute time to work of 32.3 minutes. The unemployment rate is 2.9%. Income earners by percent breakdown as 30.10% (Under $50,000), 34.30% ($50,000-$100,000), and 35.60% earn over $100,000. 4.1% 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 97.1% have a high school education or higher, 58.3% have a bachelor's degree or higher, and 21.7% have some kind of profesional degree.
This area has 14,244 households and the average size is 2.6 people. Individuals who are single and have never been married are 26.6%, 57.4% are now married, 1.4% are separated, 6.2% are widowed, and 8.4% are divorced. The average yearly contribution amount given by people to charity was $3,916 versus the state average of $4,659. The percent of residents who gave to charity was 39.5%.
The estimated median value of houses and condos is $954,591. The median monthly owner costs of mortgage holders was $3,171, where as the costs for those who don't have a mortgage are $637. The median number of rooms in houses and condos are 6.0 versus apartments which had a median number of 3.7.
The real estate tax percent rate is 0.6% which equated to an average real estate tax amount payment of $6,134. 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 0.8% which amounted to an average tax amount of $7,430. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.3% which amounted to an average tax amount of $3,043. Reported taxable interest for persons was $1,884, dividends $6,754, capital gains +$26,151, and itemized deductions $33,568. The average earned income tax credit is $1,684. The percent of individuals that use a tax preparer is 64.5%. The total average income taxes paid by individuals was $14,073. Businesses reported an average profit of $16,997.
Steak-Out
2933 Rolling Hills Rd, Torrance, CA 90505
The San Franciscan
2520 Sepulveda Blvd, Torrance, CA 90505
Sub Club Italian Deli
4338 Pacific Coast Hwy, Torrance, CA 90505
Gyu-Kaku
24631 Crenshaw Blvd, Torrance, CA 90505
Mongol King
24012 Vista Montana, Torrance, CA 90505
Hof's Hut Restaurant & Bakery
23635 Crenshaw Blvd, Torrance, CA 90505
T.G.I. Friday's
23420 Hawthorne Blvd, Torrance, CA 90505
Mexican Riviera Restaurant
4239 Pacific Coast Hwy, Torrance, CA 90505
Kings Hawaiian Bakery & Restaurant
2808 Sepulveda Blvd, Torrance, CA 90505
Pei Wei
2777 Pacific Coast Hwy, Torrance, CA 90505
Gaetano's Restaurant
2731 Pacific Coast Hwy, Torrance, CA 90505
Seafood Town Chinese Restaurant
22922 Hawthorne Blvd, Torrance, CA 90505
Shanghai Palace Restaurant
2880 Pacific Coast Hwy, Torrance, CA 90505
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