
Torrance, California 90505
This Classic Hollywood Riviera Residence is a High-Potential Investment Opportunity, listed at $1,299,000—positioned well below the $1,347,932 Fair Market Value by 3%. This valuation gap provides $48,932 in Instant Equity. Boasting a Condition Rating of 4, the property features a spacious sunroom and a versatile detached studio perfect for a home gym. Situated within the elite Torrance Unified School District near South High, it offers a premier coastal lifestyle with clear modernization upside. This is an exceptional opportunity for Owner-Occupants or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4626 Greenmeadows Avenue Subject | $1,299,000* List Price | 3 | 2 | 1,669 | $808 | - |
A 5311 Bindewald Sold | $1,460,000 | 3 | 2 | 1,659 | $880 | 0.6 mi |
B 5109 Paseo Del Pavon Sold | $1,513,000 | 4 | 2 | 1,597 | $947 | 0.3 mi |
C 4922 Reynolds Road Sold | $1,610,000 | 3 | 2 | 1,714 | $939 | 0.9 mi |
D 22826 Marjorie Sold | $1,425,000 | 3 | 2 | 1,704 | $836 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home has been refreshed with modern vinyl plank flooring, recessed lighting, and paint, the core areas are dated. The kitchen features oak cabinetry, tile countertops, and white appliances consistent with a 20-30 year old renovation. Built in 1953, the home is well-maintained and move-in ready but requires updates to the kitchen and bathrooms to meet modern standards.
Situated in the highly desirable Hollywood Riviera, the property offers exceptional proximity to the beach and the popular shops and restaurants of Riviera Village.
The home is located within the prestigious Torrance Unified School District, providing access to top-rated schools including Riviera Elementary, Richardson Middle, and South High.
The inclusion of a spacious sunroom with a fireplace and a detached structure for a gym or studio provides flexible living options that maximize the property's functional square footage.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1669, other record living area = 1238.
Despite its location in the Hollywood Riviera, a neighborhood known for its vistas, this specific property does not offer ocean or city light views.
Built in 1953, the home may require additional capital investment for updates and renovations to align with the modern standards expected in this price bracket.
Located in the highly desirable Hollywood Riviera, this is a fantastic opportunity to own in the award-winning Torrance Unified School District. Just minutes from Riviera Elementary, Richardson Middle, and South High, and close to the beach and the shops and restaurants of Riviera Village, this one level home offers a comfortable floor plan with three bedrooms and two bathrooms, plus a spacious sunroom off the living room and kitchen. Featuring its own fireplace, ceiling fans, and imported German shutters, the sunroom opens to the backyard and invites in refreshing ocean breezes. The backyard includes a versatile detached structure—ideal for a home gym, art studio, or additional storage. With great natural light and a welcoming layout, this home presents an excellent opportunity to live in it now or make it your own in a prime South Bay location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,669 | 1,692 | 48% |
| Lot Size | 5,846 | 6,131 | 30% |
| Price | $1.30M | $1.52M | 15% |
| Price per sq ft | $778 | $874 | 40% |
| Built year | 1953 | 1955 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 160 | 1% |
Apr 14, 2026
$1,299,000
Initial Listing
Sep 19, 2006
$822,500
Public Record