4923 Towers, Torrance, California 90503, Torrance, 90503 - 3 bed, 1 bath

4923 Towers, Torrance, California 90503 home-pic-0
ACTIVE$1,008,880$1,106/sqft
Est. Value: $1,117,649
10%
BelowEstimate
4923 Towers, Torrance, California 90503
3Beds
1Bath
1,106Sqft
5,210Lot

Price Vs. Estimate

The estimated value ($1,117,648.745) is $108,768.745 (10%) higher than the list price ($1,008,880). This property may be underpriced.

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:
Limited Bathroom Count: The property features only one full bathroom for three bedrooms, which may be insufficient for families or multiple occupants and could impact daily convenience.

Compared to the nearby listings

Price:$1.01M vs avg $1.32M ($-316,120)2%
Size:1,106 sqft vs avg 1,514 sqft5%
Price/sqft:$912 vs avg $91749%

More Insights

Built in 1954 (72 years old).
Condition: The property, built in 1954, is described as 'beautifully maintained' and 'well-kept,' indicating regular upkeep. While the living areas benefit from newer laminate flooring and a split A/C system, the kitchen and bathroom are significantly outdated. The kitchen features older cabinets, tile countertops, and a very dated dishwasher (likely from the 70s/80s), along with basic lighting. The bathroom also shows signs of age with an older vanity, tile, and wallpaper. These key areas are functional but require substantial cosmetic updates to meet current standards, aligning with the 'Fair' category's description of being 'aged but maintained through regular upkeep and occasional updates' where 'major components are functional but show signs of being outdated.'
Year Built
1954
Close
-
List price
$1.01M
Original List price
$1.21M
Price/Sqft
$912
HOA
-
Days on market
-
Sold On
-
MLS number
IV26008916
Home ConditionFair
Features
Good View: City Lights, Neighborhood
ViewCity Lights,Neighborhood

About this home

Welcome to this beautifully maintained single-story single-family single-family residence offering 3 comfortable bedrooms and 1 full bath across 1,106 sq ft of living space, set on a generous 5,210 sq ft lot. Enjoy the convenience of a 2-car garage, split A/C system for year round of comfort, and a thoughtfully designed kitchen featuring durable tile countertops. The home is accented with a classic shingle roof, rain gutters, and a brick perimeter fence that adds both privacy and curb appeal. Step outside and take in the peaceful neighborhood ambiance along with beautiful city lights views, perfect for relaxing evenings. This property offers a wonderful blend of comfort, functionality and charm-- ideal for first time buyers, or down-sizers, or investors. A fantastic opportunity to own a well-kept home in a desirable setting--don't miss it!

A
ARLENE ABAGON
Listing Agent

Nearby schools

8/10
Towers Elementary School
Public,K-50.8mi
8/10
Victor Elementary School
Public,K-50.8mi
9/10
Alta Vista Elementary School
Public,K-52.1mi
8/10
Bert M. Lynn Middle School
Public,6-80.3mi
8/10
Jefferson Middle School
Public,6-81.7mi
9/10
West High School
Public,9-120.7mi
Condition Rating
Fair

The property, built in 1954, is described as 'beautifully maintained' and 'well-kept,' indicating regular upkeep. While the living areas benefit from newer laminate flooring and a split A/C system, the kitchen and bathroom are significantly outdated. The kitchen features older cabinets, tile countertops, and a very dated dishwasher (likely from the 70s/80s), along with basic lighting. The bathroom also shows signs of age with an older vanity, tile, and wallpaper. These key areas are functional but require substantial cosmetic updates to meet current standards, aligning with the 'Fair' category's description of being 'aged but maintained through regular upkeep and occasional updates' where 'major components are functional but show signs of being outdated.'
Pros & Cons

Pros

Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Well-Maintained & Charming: Explicitly described as a 'beautifully maintained' and 'well-kept home,' featuring a classic shingle roof, rain gutters, and a brick perimeter fence, contributing to its curb appeal and overall condition.
Desirable Location & Views: Situated in a 'desirable setting' in Torrance, offering 'beautiful city lights views' and a 'peaceful neighborhood ambiance.' Proximity to highly-rated schools (e.g., West High School rating 9) further enhances its appeal.
Comfort Features & Functionality: Equipped with a 'split A/C system for year-round comfort,' a 'thoughtfully designed kitchen featuring durable tile countertops,' and a convenient 2-car garage, enhancing daily living.
Versatile Market Appeal: Positioned as 'ideal for first time buyers, or down-sizers, or investors,' indicating a broad market appeal and potential for diverse buyer interest.
Single-Story Layout: The single-story design offers accessibility and is often preferred by a wide range of buyers, including those seeking ease of living or without stairs.

Cons

Limited Bathroom Count: The property features only one full bathroom for three bedrooms, which may be insufficient for families or multiple occupants and could impact daily convenience.
Older Construction: Built in 1954, the home, despite being well-maintained, may have aging infrastructure or systems that could require future updates or higher maintenance costs compared to newer constructions.
Recent Significant Price Reduction: A notable price drop from the original listing price ($1,212,288 to $1,008,880) could indicate challenges in market valuation or buyer interest, potentially raising questions for prospective buyers.
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