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4829 Bishop Road, Torrance, California 90503, Torrance, 90503 - 3 bed, 1 bath

4829 Bishop Road, Torrance, California 90503 home-pic-0
ACTIVE$1,100,000
4829 Bishop Road, Torrance, California 90503
3Beds
1Bath
1,106Sqft
5,232Lot

Price Vs. Estimate

The estimated value ($965,167.03) is $134,832.97 (12%) lower than the list price ($1,100,000). 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:
Extensive Renovation Required: The property is explicitly noted as needing 'TLC' and is likely in original or dated condition, requiring substantial investment for updates to meet modern standards and maximize its potential.

Compared to the nearby listings

Price:$1.10M vs avg $1.38M ($-280,000)10%
Size:1,106 sqft vs avg 1,571 sqft4%
Price/sqft:$995 vs avg $89670%

More Insights

Built in 1955 (70 years old).
Condition: The property was built in 1955, making it 69 years old. The listing description states 'With a little TLC this home will be perfect for any family,' while the property analysis explicitly notes 'Extensive Renovation Required' and that the home is 'likely in original or dated condition.' This indicates that major components, including the kitchen and the single bathroom, are significantly outdated and require substantial rehabilitation. The lack of interior images further suggests the interior is not a selling point and is likely in very dated condition. While not explicitly 'unlivable' or requiring demolition, the need for extensive renovation and likely system replacements (given its age and 'original condition') aligns with the 'Poor' category, which requires substantial repairs and rehabilitation to meet modern standards and comfort.
Year Built
1955
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$995
HOA
-
Days on market
-
Sold On
-
MLS number
IG24227277
Home ConditionPoor
Features
Patio
ViewNeighborhood

About this home

Welcome to 4829 Bishop Rd, a delightful residence located in the heart of Torrance, California. This beautifully maintained home features an inviting exterior and is set on a spacious lot, offering both curb appeal and ample outdoor space for family activities. With a little TLC this home will be perfect for any family. As you step inside, you’ll be greeted by a bright and airy open floor plan, seamlessly blending the living and dining areas. Large windows flood the space with natural light, creating a warm and welcoming atmosphere. The home includes 3 generous bedrooms, each offering comfort and privacy. Additional bedrooms are versatile, ideal for family, guests, or a home office. Step outside to the expansive backyard, which is perfect for entertaining, gardening, or simply enjoying the California sunshine. The patio area is ideal for barbecues and gatherings. Located in a family-friendly neighborhood, this home is within close proximity to top-rated schools, parks, shopping, and dining options. With easy access to major highways, you’ll enjoy a convenient commute to Los Angeles and beyond. Don’t miss the opportunity to make this charming Torrance home your own! Schedule a showing today to experience all that 4829 Bishop Rd has to offer.

Nearby schools

8/10
Victor Elementary School
Public,•K-5•0.5mi
8/10
Towers Elementary School
Public,•K-5•0.9mi
9/10
Alta Vista Elementary School
Public,•K-5•1.8mi
8/10
Bert M. Lynn Middle School
Public,•6-8•0.2mi
8/10
Jefferson Middle School
Public,•6-8•1.3mi
9/10
West High School
Public,•9-12•0.5mi
Condition Rating
Poor
The property was built in 1955, making it 69 years old. The listing description states 'With a little TLC this home will be perfect for any family,' while the property analysis explicitly notes 'Extensive Renovation Required' and that the home is 'likely in original or dated condition.' This indicates that major components, including the kitchen and the single bathroom, are significantly outdated and require substantial rehabilitation. The lack of interior images further suggests the interior is not a selling point and is likely in very dated condition. While not explicitly 'unlivable' or requiring demolition, the need for extensive renovation and likely system replacements (given its age and 'original condition') aligns with the 'Poor' category, which requires substantial repairs and rehabilitation to meet modern standards and comfort.
Pros & Cons

Pros

Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Desirable Location & Community: Situated in a family-friendly Torrance neighborhood with excellent access to parks, shopping, dining, and major highways for convenient commuting.
Top-Rated School District: Benefits from being in the highly acclaimed Torrance Unified School District, including top-tier elementary, middle, and high schools.
Spacious Outdoor Living: Features a generous lot size (5232 sqft) and an expansive backyard with a patio, ideal for entertaining, gardening, and family activities.
Solid Foundation & Layout: Offers a bright, airy open floor plan with ample natural light and three well-sized bedrooms, providing a good canvas for future enhancements.
Significant Value-Add Potential: The property's current condition ('little TLC needed') presents a clear opportunity for buyers to invest in renovations and significantly increase its market value, as demonstrated by higher-priced renovated comparables.

Cons

Extensive Renovation Required: The property is explicitly noted as needing 'TLC' and is likely in original or dated condition, requiring substantial investment for updates to meet modern standards and maximize its potential.
Limited Bathroom Count: With only one bathroom for three bedrooms, the property falls short of contemporary family needs and market expectations, potentially limiting buyer appeal and requiring a costly addition or reconfiguration.
Overpriced Relative to Current Condition: The current list price of $1,100,000 is significantly higher than the estimated value of $965,167.03 and comparable 'as-is' sales, suggesting it is overpriced given the necessary renovations.

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