4122 Emerald Street, Torrance, CA 90503

About this commercial property

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.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$1,600,000

Sold July 2023 · listed $1,650,000, on market May 2023 · MLS #SR23087337 · Source: CRMLS

Listing Agent: Yi Fan (Yvonne) Yue · Listing Office: Happy Growth Realty · Contact: 818-802-8019 · Bought with: Daniel Crehin · Daniel Crehin, Broker

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