July 30, 2010
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California Propositions 60 and 90 Benefit South Bay Seniors

South Bay Senior Community of New Horizons

If you're a 55+ homeowner and are thinking about downsizing, you will most probably be able to take advantage of Propositions 60/90 which offer substantial tax advantages for Redondo Beach & South Bay seniors. California Props 60/90 may benefit those senior homeowners who want to move to a smaller house or one of the South Bay senior condos.

Below is a quick summary of Propositions 60/90 as well as quick links to more information, if needed.

Propositions 60/90 are constitutional initiatives passed by California voters.  They provide property tax relief by preventing reassessment, when a senior citizen sells her/his existing residence and purchases or constructs a replacement residence worth the same or less than the original. This may result in substantial tax savings.

In general, "equal or lesser values" means that the fair market value of a replacement property on the date of purchase or completion of construction does not exceed 100 percent market value of original property as of its date of sale if a replacement dwelling is purchased before an original property is sold; 105 percent of market value of original property as of its date of sale if a replacement dwelling is purchased within one year after the sale of the original property; 110 percent of market value of the original property as of its date of sale if the replacement dwelling is purchased within the second year after the sale of the original property.

WHO QUALIFIES?

The seller of the original residence, or spouse who resides with the seller, must be at least 55 years of age at the time of the sale. 

If you need more information, please contact me at 310.918.5027. I'll be glad to help

Click here for detailed information



krystyna.baty
Posted on May 27, 2010 20:21:19 by Blog Author krystyna.baty - View Profile
Blog Categories Posted in Buyers, South Bay Senior 55+ Communities
 
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Redondo Beach & South Bay Senior 55+ Condos For Sale

Redondo Beach and South Bay senior condos

If you're thinking about buying a condo in one of the outstanding 55+ Senior South Bay communities, you're in the right place! 

There are several senior communities in the South Bay.  From the beautiful, well established New Horizons to luxurious,  recently constructed Montecito or Rolling Hills Villas, there is a lot to choose from! 

 If you're thinking about selling your senior condo, or any other property, please contact me and I'll provide you with a complimentary market value report of your condo to get started. 

Ask me about Prop 60/90 that will allow you to keep your current property taxes even if you purchase a new home.

 

 

FREE List of All South Bay Senior Condos

 Please specify "55+" when filling out this form or call Krystyna Baty - senior condos Realtor at (310) 918-5027!  I'll be glad to help!


                       The Montecito

           2001 Artesia Blvd., Redondo Beach, CA 90278

  The Montecito of Redondo Beach is an intimate collection of 48 NEW condominiums built for those aged 55+. Located just 1.5 miles from the beach,  homeowners will also enjoy nearby shopping and dining. Features include spacious kitchens with abundant cabinet space and pantries; large balconies with beautiful views; and gated underground side-by-side parking.  Prices start at $299,900

 

                                                       


                                                                                                                                  Breakwater Village senior condos Redondo BeachBreakwater Village   

2750 Artesia Blvd., Redondo Beach, CA 90278

 55+ luxurious condos in Redondo Beach - now in the final phase of selling. 

2 Bd units start at $299,000.  Complex offers the Community Room with a State of the Art Gym, Pool, Outdoor Fireplace and BBQ to enjoy! You will be steps away from shopping, freeways and minutes to the Beach.

   


                                                                                                                                                           New Horizons  

Nadine Circle - Maple Ave, Torrance, CA 90505

New Horizons is a resort community for those age 55+ located in Torrance. The Million Dollar recreational facilities, built in 1966, include a Club House with lounge, billiard   room, ball room with large kitchen, the 9 hole golf course and pool. Across the complex is the Sports Facility. Here you will find a modern gym with his & hers saunas, Jacuzzi, 2nd pool, lighted tennis court, ceramic and wood shops and ping pong room. There are many social clubs to participate in. The travel club is the most popular club with monthly outings

 


parkview court senior condos torrance ca                                                                            Parkview Court  

2367 Jefferson St, Torrance, CA 90501

55+ Senior Community overlooking Wilson Park in Torrance.  Built in 2008, fifty-nine tastefully appointed residences with careful attention to detail and design.  This gated community features large courtyard, recreation center and fitness center

 

 


                                                                      The Meridian At Cabrillo 

2742 Cabrillo, Torrance, CA 90501

55+ Senior Community in  Old Torrance.  Built in 2006 around a central courtyard, featuring forty-four luxurious condominiums.  The complex offers a gated subterranean garage with one parking space for 1-bedroom unit, bubbling fountains, a community room with fireplace, kitchen, big screen TV and lots of room to relax. An upscale fitness center to work up a sweat. There is an elevator from the ground floor/garage to all levels of the building


                                                                                                                                                Courtyard Villa Estates

3970 Sepulveda Blvd., Torrance, CA 90505

Located in South Torrance, this complex features comfort, locked entry, walking distance to restaurants and shopping. Each custom home is located on one level with no stairs. Private laundry room inside each unit. Extra large kitchens with center island and granite tops. Each unit faces central outdoor courtyard filled with trees, lush landscaping, benches and street lights


                                                                                     Pacific Village

3120 Sepulveda Blvd, Torrance, CA 90505

Constructed in 2002,  55+ condos in Torrance.  Great community includes 2 elevators , free laundry facility for residents, great community room. Short walk to market, restaurants, and shops.

 

 


                                                                                                                                                            Tradewinds

26050 Sepulveda Blvd, Torrance, CA 90505

Built in 2003, Trade Winds complex offers great amenities: pool, spa, fitness center, clubhouse with full kitchen, TV, library, and billiards table. Resort living close to dining, shopping, Wilson park and freeways

 

 


                                                                                                                                                        Rolling Hills Villas

       901 Deep Valley Dr, Rolling Hills Estates, CA 90274

   New Senior 55+ Condos. Located in the heart of Beautiful Palos Verdes. Combining exquisite amenities, quality features & exceptional detail. Gourmet Kitchen w/Stainless Steel Appliances including Dishwasher, Refrigerator, Gas Range, Microwave/hood & Hardwood flooring w/granite countertops. Bath Luxuries include Travertine showers. Interior  laundry that includes energy efficient front loading washer/dryer

 

Please contact Krystyna Baty - senior condo specialist today at (310)918-5027 with any questions, or if you'd like a list of available condos.  I'll be glad to help!