Torrance is home to exactly 54,360 residential units, comprising its total housing stock.
Torrance's Comprehensive Housing Stock
The figure of 54,360 represents the complete collection of residential properties available within the City of Torrance. This extensive housing stock accommodates a diverse population and reflects the various living arrangements chosen by its residents. Understanding the composition of these units offers insight into the city's residential landscape and how its residents are housed.
Composition of Housing Units
The total housing stock in Torrance is specifically broken down into units that are occupied by their owners and those that are rented by tenants. This distinction provides a clear picture of the city's housing market dynamics.
Below is a detailed breakdown of Torrance's housing units:
Type of Unit | Number of Units |
---|---|
Owner-Occupied | 30,063 |
Renter-Occupied | 24,297 |
Total Units | 54,360 |
- Owner-Occupied Units: These are residential properties where the resident is also the legal owner of the home. This category typically includes single-family homes, condominiums, and townhouses that are bought rather than leased.
- Renter-Occupied Units: This category includes all residential units that are leased or rented by tenants. This often encompasses apartments, rental houses, and other properties where ownership remains with a landlord.
Understanding Housing in Torrance
The balanced distribution between owner-occupied and renter-occupied units highlights a vibrant and diverse housing market in Torrance. The city's housing services and planning divisions actively manage and support the various needs of its residents, ensuring a well-maintained and accessible housing environment. For more information on local housing initiatives and resources, you can visit the City of Torrance Housing Division official website.