3444 Emerald Street, Torrance, CA 90503 (MLS # 26916397)

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PRICE $5,699,999 dsIDX morgage calculator
SIZE 16,201 sqft
LOT SIZE 22,234 sqft
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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.

DAYS ON MARKET 1 LAST UPDATED 8/31/2026
YEAR BUILT 1962 COMMUNITY 126 - Central Torrance
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 126 - Central Torrance
LOT 0.5104 acre(s)
LOT DESCRIPTION Front Yard
LOT DIMENSIONS 22233
STORIES 2
WATER Public
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Listed with Lyon Stahl Investment Real Estate, Inc.

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