4920 Pacific Coast Highway, Torrance, California 90505, Torrance, 90505 - 3 bed, 3 bath

4920 Pacific Coast Highway, Torrance, California 90505 home-pic-0
ACTIVE$1,589,000
4920 Pacific Coast Highway, Torrance, California 90505
3Beds
3Baths
1,572Sqft
5,568Lot
Year Built
1953
Close
-
List price
$1.59M
Original List price
$1.33M
Price/Sqft
$1,011
HOA
-
Days on market
-
Sold On
-
MLS number
SB24131182
Home ConditionExcellent
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 28% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.59M(63th), sqft - 1572(37th), beds - 3(50th), baths - 3(55th).

Located in the coveted Hollywood Riviera, your opportunity to own a home in the Riviera has arrived! This home has been mostly updated recently, including a brand new full bathroom. The bonus room can be an office, hobby room, etc., and leads to a loft - makes a great playroom! Interior features include new wood flooring throughout, with tile flooring in the kitchen. The kitchen also offers new appliances, new countertops, and laundry area off the kitchen. The laundry area leads to the backyard which offers easy maintenance, a sloping area off the rear patio where you may plant your vegetables or rose garden. Some additional features include solar panels, central air conditioning, and tankless water heater. This home is perfect for a growing family, with easy access to Torrance Unified schools, so come see for yourself!

Price History

Date
Event
Price
05/02/22
Sold
$1,275,000
09/02/94
Sold
$235,000
Condition Rating
Excellent

Despite being built in 1953, this property has undergone extensive recent renovations, aligning with the 'extensively renovated within 5 years' criteria. The listing explicitly states a 'brand new full bathroom,' 'new wood flooring throughout,' and a kitchen with 'new appliances' and 'new countertops.' Images confirm modern white shaker cabinets, dark quartz countertops, and stylish patterned tile flooring in the kitchen, along with a clean, modern bathroom. Additional modern amenities like central air conditioning, a tankless water heater, and solar panels further contribute to its excellent condition, indicating minimal physical depreciation and meeting current quality standards.
Pros & Cons

Pros

Prime Location: Situated in the highly sought-after Hollywood Riviera, offering desirable neighborhood appeal and convenient access to amenities.
Recent Interior Updates: The home features a brand new full bathroom, new wood flooring throughout, and an updated kitchen with new appliances and countertops.
Modern Amenities & Efficiency: Equipped with central air conditioning, a tankless water heater, and solar panels, contributing to comfort and potential energy savings.
Versatile Bonus Space: Includes a bonus room and a loft, providing flexible options for an office, hobby room, or children's playroom.
Excellent School District: Located within easy access to Torrance Unified schools, making it attractive for families.

Cons

Significant Overpricing: The current listing price is 28% above the estimated property value and notably higher than recent comparable sales in the area, suggesting it may be overpriced.
Older Construction with Partial Updates: Built in 1953, while 'mostly updated,' the property may still retain older elements or systems that could require future maintenance or renovation compared to fully modernized homes.
Sloping Backyard: The backyard features a 'sloping area' which, while offering gardening potential, might limit usable flat space for recreation or require specific landscaping solutions.

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