3444 Emerald St, Torrance, CA 90503
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3444 Emerald St, Torrance, CA 90503
3444 Emerald St, Torrance, CA 90503
3444 Emerald St, Torrance, CA 90503
3444 Emerald St, Torrance, CA 90503
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Gabriel Carrasco

Gabriel Carrasco

+1(424) 422-6029
$ 5,699,999
Est. payment /mo
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Active

3444 Emerald St Torrance, CA 90503

26 Beds

22 Baths

16,201 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 16,201 sqft

Price per Sqft $351

MLS Listing ID 26916397

Bedrooms 26

Year Built 1962

Lot Size 0.510 Acres

Acres 0.5104

Property Sub-Type Multi-Family

Property Description

3444 Emerald Street is a 1962-built, 20-unit apartment building of wood frame and stucco construction on a raised foundation, containing 16,201 rentable square feet on a 22,228 square foot lotacross (1) 3- Bed / 2- Bath, (5) 2-Bed / 1-Bath, (13) 1-Bed / 1-Bath, and (1) Studio. Gas and electric are separately metered and paid by tenants, and water, sewer and trash are owner paid. Theproperty is gated at the front and rear entries, includes sprinkler systems, and offers 20 parking spaces, a pool, owner-owned laundry with two washers and two dryers, and most units have apatio. Building systems include copper plumbing throughout and two 100-gallon water heaters. Recent work includes new hardscape and replacement of several dual pane windows. A largemanager's storage room can be converted into an additional apartment/ADU. The building is 95% occupied, with the studio tenant vacating at the end of August. At the concluded market rents of$47,575 per month the property proformas to a 6.5% cap rate and a 9.78 GRM.

Location

State CA

County Los Angeles

Area Central Torrance

Zoning TORR-MH

Interior

Laundry Community

Exterior

Garage Spaces 20.0

Building

Story 2

Water District

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lyon Stahl Investment Real Estate, Inc.
Gabriel Carrasco

Gabriel Carrasco

Agent License ID: DRE# 02229520

+1(424) 422-6029

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3444 Emerald St