90505, Torrance, CA

Torrance, CA is located in the South Bay region of Los Angeles County. The city has a population of about 120,000 and is home to several major corporations, including Ford Motor Company and Sony Pictures Entertainment. Torrance's economy is largely based on its position as a major transportation hub and its status as a popular tourist destination.

The city's real estate market has seen significant growth in recent years, with home prices increasing by an average of 10% annually over the past five years. In 2016, the median home price in Torrance was $527,000. As of May 2017, the median home price had increased to $569,000. The city's most expensive neighborhoods are located around Pacific Coast Highway and Jefferson Boulevard.

The 90505 zip code covers much of eastern Torrance and includes areas such as Rolling Hills Estates, Palos Verdes Estates and Rolling Hills Ranch. According to Zillow data from May 2017, the median home value in this zip code was $848,500. This makes it one of the more expensive zip codes in Los Angeles County. The top-selling neighborhoods in this zip code include Rolling Hills Ranch (#1), Palos Verdes Estates (#2) and Rolling Hills Estates (#3).