logo
    AI-Generated Neighborhood Summary

    Location and Community

    Torrance, CA, specifically the area around 23441 Madison St, is known for its family-friendly environment and suburban feel. The city is located in the South Bay region of Los Angeles County. Torrance is known for its mild climate and safety. It is relatively close to the beach and major freeways, providing convenient access to other parts of Los Angeles.

    Crime Rate, Schools, and Amenities

    Torrance generally has a lower crime rate compared to other parts of Los Angeles County, making it a desirable place for families. The Torrance Unified School District is highly regarded, with several schools in the area receiving high ratings for academic performance. Nearby amenities include the Del Amo Fashion Center, which is one of the largest shopping malls in the United States. There are numerous parks like Wilson Park and Madrona Marsh Preserve. Grocery stores such as Whole Foods and Trader Joe's are accessible, and the Torrance Beach offers recreational activities. Additionally, the area is home to several tourist attractions such as the Torrance Cultural Arts Center and the Western Museum of Flight.

    Demographics, Economy, and Job Growth

    The average household income in Torrance is higher than the national average, with many residents employed in industries like healthcare, automotive, and technology. Nearby neighborhoods such as Redondo Beach and Palos Verdes Estates also have high average incomes. Torrance has seen steady job growth, partly due to its proximity to large business districts and the presence of major companies like Honda and Toyota. This economic stability, combined with excellent amenities and a strong community atmosphere, makes Torrance an attractive place to live.

    Read less
    StreetView
    Neighborhood Insights
    Key metrics about this location

    Neighborhood Summary

    Unlock our premium report for a detailed neighborhood narrative that combines demographic, economic, and social indicators to give you a comprehensive understanding of this community.

    Median Home Price

    $938,900

    Walk Score

    -

    Bike Score

    -

    Median Household Income

    $100,755
    Nat'l Avg: $69,021

    Percent Under Poverty

    4%
    Nat'l Avg: 12%

    Median Contract Rent

    $2,018
    Nat'l Avg: $988

    Owners vs Renters

    Premium

    Vacant Housing Units

    Premium

    Unemployment Rate

    Premium

    College Degree

    Premium

    Dominant Race

    Premium

    Married-Couple Families

    Premium

    Owners Without Morgages

    Premium

    Mortgage ≥ 30% Income

    Premium

    Rent ≥ 30% Income

    Premium

    Non-US Citizens

    Premium

    Unlock Premium Insights

    Get access to 15+ additional neighborhood metrics, including crime data, income statistics, demographic breakdowns, and more.

    Location Map
    Overview of the neighborhood
    Nearby Places
    Essential locations and points of interest in the area

    Wilson Park

    0.5 miles

    Torrance Memorial Medical Center

    0.3 miles

    Ralphs Grocery Store

    1 mile

    The Depot Restaurant

    1.2 miles

    LA Fitness

    1.5 miles

    Los Angeles International Airport

    LAX

    Torrance High School

    1 mile

    Del Amo Fashion Center

    Shopping Center

    Torrance Police Department

    1 mile

    Torrance Fire Dept Station 1

    0.8 miles

    Neighborhood Assessment
    Key advantages and considerations for this area

    Dynamic Insights

    The median home value in the 90505 ZIP code reached $1,383,813 in January 2025, reflecting a 4.3% increase over the past year.
    In December 2024, the median sold price in 90505 was $1,307,500, marking a 6.7% rise from the previous year.
    The median household income in Torrance, CA, was $109,554 in 2022, representing a 9.32% increase from the prior year.
    The unemployment rate in the 90505 area stood at 8.2%, with future job growth over the next ten years projected at 33.8%. These trends indicate a robust housing market and positive economic outlook for the area.

    Custom Narratives

    The median property value in Torrance, CA, was $962,300 in 2022, reflecting a 14.4% increase from the previous year, indicating a strong real estate market.
    The median household income in Torrance reached $109,554 in 2022, marking a 9.32% growth from the prior year, suggesting a robust local economy.
    Torrance's population is diverse, with 37.4% identifying as Asian and 33.4% as White (Non-Hispanic), contributing to a rich cultural community.
    The city boasts a high educational attainment, with 53% of residents aged 25 and over holding a bachelor's degree or higher, enhancing its appeal to professionals and families. These insights highlight Torrance's dynamic real estate market, strong economic growth, diverse community, and high educational standards, making it an attractive location for potential homebuyers.

    Green Flags

    Proximity to beautiful parks and recreational areas
    Access to highly rated schools and educational facilities
    Convenient shopping and dining options nearby
    Close-knit community with friendly neighbors

    Red Flags

    Traffic congestion during peak hours
    Limited street parking availability
    Noise from nearby busy streets
    High cost of living in the area
    Flood Risk Assessment
    FEMA flood zone information and historical flooding data

    Flood Zone

    Premium
    Purchase a property report to view the FEMA flood zone designation and understand the flood risk for this property.

    Historical Flooding

    Premium
    Purchase a property report to view historical flooding data and potential flooding risk factors for this neighborhood.

    Complete Flood Risk Analysis

    Our comprehensive flood risk analysis includes FEMA zone designation, historical flooding data, elevation details, and personalized risk assessment.

    Upgrade to Starter Plan

    $29.99/month

    Access to 15 property reports per month

    Detailed neighborhood demographics and lifestyle data

    School ratings and educational opportunities

    Crime statistics and safety assessment

    Property value trends and investment potential

    Flood risk analysis and FEMA zone information

    AI-powered recommendations and insights

    Subscription Features
    15 reports/mo

    Monthly subscription. Download and save reports, access interactive features, and receive monthly market updates.

    Cancel anytime. No long-term commitment required.