4814 Emerald Street, Torrance, California 90503, Torrance, 90503 - 3 bed, 2 bath
ACTIVE$1,300,000
4814 Emerald Street, Torrance, California 90503
3Beds
2Baths
1,245Sqft
6,821Lot
Price Vs. Estimate
The estimated value ($1,055,489.76) is $244,510.24 (18%) lower than the list price ($1,300,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Top Cons:
Overpriced Relative to Estimated Value: The current list price of $1.3M is 18% above the property's estimated value of $1.055M, suggesting it may be significantly overpriced given its likely condition.
Compared to the nearby listings
Price:$1.30M vs avg $1.38M ($-80,000)37%
Size:1,245 sqft vs avg 1,571 sqft27%
Price/sqft:$1.0K vs avg $89679%
More Insights
Built in 1961 (64 years old).
Condition: Built in 1961, this property is explicitly noted to have a 'likely dated interior' that 'requires substantial investment for modernization.' The single provided image reveals a severely cracked driveway, indicating significant deferred exterior maintenance. Without any mention or visual evidence of recent renovations, particularly in key areas like the kitchen and bathrooms, it's highly probable these areas are very outdated and would necessitate major rehabilitation to meet current standards, aligning with the 'poor' condition criteria.
Year Built
1961
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$1,044
HOA
-
Days on market
-
Sold On
-
MLS number
PW24230354
Home ConditionPoor
Features
Good View: Park/Greenbelt
ViewPark/Greenbelt
About this home
This charming family home is in one of Torrance's most sought-after neighborhoods, just minutes from Redondo Beach Pier! Ideally located with Victor Elementary and West High School within a short walk, and a library and park right across the street, it offers incredible convenience and community resources. The current owners have loved living here while raising their family and are now ready to move closer to work. Don't miss this chance to own a home in an area known for its great shopping, dining, and recreational opportunities. Create new memories with your family at the nearby beaches and parks. Make it your own and enjoy coastal California living!
Nearby schools
8/10
Victor Elementary School
Public,•K-5•0.3mi
8/10
Towers Elementary School
Public,•K-5•1.1mi
9/10
Alta Vista Elementary School
Public,•K-5•1.1mi
8/10
Bert M. Lynn Middle School
Public,•6-8•0.7mi
8/10
Jefferson Middle School
Public,•6-8•0.8mi
9/10
West High School
Public,•9-12•0.4mi
Price History
Date
Event
Price
01/10/97
Sold
$249,500
Condition Rating
Poor
Built in 1961, this property is explicitly noted to have a 'likely dated interior' that 'requires substantial investment for modernization.' The single provided image reveals a severely cracked driveway, indicating significant deferred exterior maintenance. Without any mention or visual evidence of recent renovations, particularly in key areas like the kitchen and bathrooms, it's highly probable these areas are very outdated and would necessitate major rehabilitation to meet current standards, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Desirable Neighborhood: Located in one of Torrance's most sought-after neighborhoods, known for its strong community and overall appeal.
Top-Rated Schools: Within walking distance to highly-rated Victor Elementary (8/10) and West High School (9/10), making it ideal for families.
Immediate Community Access: Directly across the street from a library and park, providing convenient access to recreational and educational resources.
Coastal Proximity & Lifestyle: Just minutes from Redondo Beach Pier, beaches, and parks, offering desirable coastal California living and recreational opportunities.
Generous Lot Size: A substantial 6,821 sqft lot provides ample outdoor space and potential for future expansion or an Accessory Dwelling Unit (ADU).
Cons
Overpriced Relative to Estimated Value: The current list price of $1.3M is 18% above the property's estimated value of $1.055M, suggesting it may be significantly overpriced given its likely condition.
Likely Dated Interior: Built in 1961 and described as a 'charming family home' without mention of recent major renovations, the interior likely requires substantial investment for modernization to meet current buyer expectations, unlike many recently updated comparable properties.
Smaller Living Space: At 1245 sqft, the property offers less living area compared to several recently sold comparable homes in the desirable West Torrance area, which could be a drawback for buyers seeking more spacious residences.