18517 Illinois Court, Torrance, California 90504, Torrance, 90504 - 5 bed, 3 bath

18517 Illinois Court, Torrance, California 90504 home-pic-0
ACTIVE$1,000,000
18517 Illinois Court, Torrance, California 90504
5Beds
3Baths
1,821Sqft
5,255Lot
Year Built
1955
Close
-
List price
$1M
Original List price
$1M
Price/Sqft
$549
HOA
-
Days on market
-
Sold On
-
MLS number
SB25215014
Home ConditionPoor
Features
View-

About this home

Possibly Over-Priced:The estimated price is 5% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.00M(55th), sqft - 1821(82th), beds - 5(96th), baths - 3(87th).

This charming single-family home offers 5 bedrooms and 2 1/2 bathrooms across 1,821 square feet, nestled on a beautiful 5,255 square foot LOT. Enjoy the bright, open floor PLAN. The heart of this home is its bright kitchen/living area with a built in wood burning fireplace and separate living room off the entry way that could be used for a large home office.

Nearby schools

8/10
Arlington Elementary School
Public,K-50.5mi
8/10
Lincoln Elementary School
Public,K-51.2mi
6/10
Denker Avenue Elementary School
Public,K-51.5mi
6/10
Casimir Middle School
Public,6-80.8mi
4/10
Robert E. Peary Middle School
Public,6-81.6mi
3/10
Gardena Senior High School
Public,9-121.1mi
8/10
North High School
Public,9-121.2mi

Price History

Date
Event
Price
10/27/25
Listing
$1,000,000
01/11/99
Sold
$285,000
Condition Rating
Poor

Built in 1955, this property is nearly 70 years old. The listing description and property analysis indicate a significant need for updates to major systems (plumbing, electrical, HVAC) and cosmetic finishes to meet contemporary standards. While the exterior appears maintained, the lack of any mentioned recent renovations, coupled with the age, suggests that the kitchen, bathrooms, and other interior elements are likely very outdated and require substantial repairs and rehabilitation. It is not a 'tear-down' as it's described as a functional home, but it requires significant investment to modernize.
Pros & Cons

Pros

Generous Living Space: With 5 bedrooms and 2.5 bathrooms across 1,821 sqft, the home offers ample space for a large family or flexible living arrangements, including a dedicated separate living room ideal for a home office.
Desirable Torrance Location: Located in Torrance, a highly sought-after Southern California city, known for its community and amenities, enhancing its long-term appeal.
Excellent School Access: Proximity to highly-rated schools such as Arlington Elementary (8/10, 0.47 miles) and North High School (8/10, 1.22 miles) within the reputable Torrance Unified School District.
Attractive Lot Size: A substantial 5,255 sqft lot provides valuable outdoor space for recreation, landscaping, or potential future enhancements, a significant asset in urban areas.
Potential for Immediate Equity: The listing price of $1,000,000 is approximately 4% below the estimated property value of $1,046,609.53, suggesting a strong value proposition for the buyer.

Cons

Property Age & Potential for Updates: Built in 1955, the home is nearly 70 years old, suggesting that major systems (plumbing, electrical, HVAC) and cosmetic finishes may require significant updates or renovations to meet contemporary standards.
Lack of Scenic Views: The property explicitly states 'view: None,' which could be a disadvantage for buyers seeking scenic vistas, especially in a competitive market where views often add significant value.
Proximity to Lower-Rated Schools: While some nearby schools are highly rated, the property is also within proximity to several lower-rated schools (e.g., Robert E. Peary Middle School with a rating of 4, Gardena Senior High School with a rating of 3), which might be a concern for some families.

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