4905 Paseo De Las Tortugas, Torrance, California 90505, Torrance, 90505 - 3 bed, 2 bath
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Torrance, California 90505
This Hollywood Riviera Fixer represents a strategic Value-Add Asset with a List Price of $1,975,000, aligning closely with its $1,965,358 Fair Market Value. Currently holding a Condition Rating of 5, the property derives its primary value from the expansive 12,453 SF Lot and Panoramic Ocean Views. The dual-level lot provides exceptional flexibility for forced appreciation via a total renovation and ADU Potential. Situated in the Torrance Unified School District, this high-upside project serves Fix-and-Flip Investors or Visionary Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4905 Paseo De Las Tortugas Subject | $1,875,000* List Price | 3 | 2 | 1,468 | $1,317 | - |
A 4906 Sharynne Lane Sold | $1,615,000 | 3 | 2 | 1,473 | $1,096 | 0.8 mi |
B 4922 Paseo Del Pavon Active | $1,899,000 List Price | 4 | 2 | 1,605 | $1,183 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Explicitly marketed as a 'true fixer,' this 1956 property requires substantial renovation and capital investment to modernize. While the kitchen has had some past updates and the home remains standing, the overall aesthetic is heavily dated with 1980s/90s-style cabinetry, drop-ceiling lighting, and wallpaper borders. The listing highlights the need for significant rehabilitation to address the property's current state and realize its potential, fitting the criteria for a property requiring more than just minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12453, living area = 1468.
The property offers exceptional sweeping views of the ocean, coastline, city lights, and mountains, perfectly framed by a dramatic wall of windows.
Situated on a rare 12,000 SF lot with two levels of usable flat space, providing significant flexibility for expansion, outdoor living, or the addition of an ADU.
As a 'true fixer,' the property requires a substantial capital investment to address its current condition and modernize the systems and finishes.
With only 1,468 square feet of living space, the current footprint is relatively small for the price point, likely requiring an addition to meet modern luxury standards.
Hollywood Riviera fixer – an opportunity on an expansive 12,000 SF lot with sweeping panoramic views of city lights, the ocean, and surrounding mountains. This true fixer is a rare find—featuring vaulted ceilings, a dramatic wall of windows that perfectly frames the view, and a striking stone fireplace. The home offers an updated kitchen, a functional 3-bedroom, 2-bath layout, and original wood flooring hidden beneath the carpet, ready to be uncovered and restored. Additional highlights include a newer forced-air heating system, a 2-car attached garage with laundry hookups, and direct home access. The lot stands out with two separate levels of usable flat space—offering exceptional flexibility for expansion, outdoor living, or future development. Bring your vision and transform this property into something truly special. With current regulations, there is strong potential to add an ADU, making this an even more compelling investment.
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 | 1,468 | 1,692 | 29% |
| Lot Size | 12,453 | 6,143 | 95% |
| Price | $1.88M | $1.52M | 89% |
| Price per sq ft | $1.3K | $880 | 89% |
| Built year | 1956 | 1955 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 27 | 160 | 3% |
Apr 16, 2026
$1,875,000
$1,975,000
-5% Price Drop
Initial Listing
Mar 26, 2026
$1,975,000
Initial Listing