4122 Emerald Street, Torrance CA, 90503

Closed

4122 Emerald Street

Torrance CA, 90503

$1,600,000

$371.92 per sqft

Closed

4,302 sqft

Commercial

Built in 1963

Listed by Yi Fan (Yvonne) Yue with Happy Growth Realty 818-802-8019

VALUE-ADD OPPORTUNITY! Approximately 4302 square foot (buyer to measure and verify) 4 unit building with a tenant mix of 3/2; 2/2; 2/1; 1/1 beds/bath (TOTAL: 8 beds/6 baths). One unit is ready for a remodel with other three units on MTM paying below market rent. On-site washer and dryer (in-common). Strong rental market: Benefits from a desirable neighborhood with high rental demand, ensuring stable rental income. On-site parking: The property has five covered parking spaces and additional guest parking, providing convenience for tenants and visitors. Convenient location: Located in the heart of Torrance, with easy access to shopping, dining, schools, top rated hospitals and local amenities. Adjacent to Providence Little Company of Mary Medical Center. 8 minute drive-time to Redondo Beach Pier/Fisherman's Wharf. 10 Minute drive-time to Torrance Memorial Hunt Cancer Institute. 15 minute drive time to Hermosa Beach Pier. 15 minute drive time to Palos Verdes. 26 minute drive-time to Los Angeles International Airport.

SR23087337

MLSⓇ ID

May 1, 2023

Listed

May 9, 2024

Updated

Map

4122 Emerald Street
Torrance CA, 90503

Interior Features

Total Stories: 2
Laundry Description: Inside
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.16 Acres
Lot Features: Near Public Transit

Other Property Details

Area Name: 126 - Central Torrance
Days on Market: 42
Garage: No
View: No
County: Los Angeles
Water Source: Public
Pool: No
Buyer Agency Compensation: 2%

Listing Contact: 818-802-8019

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 5/9/2024 at 12:17 PM UTC