4122 Emerald Street, Torrance, CA 90503

$1,600,000
Sold Price
$1,600,000
List Price
$1,650,000
Closing Date
Jul 21, 2023
Status
CLOSED
MLS#
SR23087337
Year Built
1963
Lot Size
6,900
Acres
0.16
Lot Location
Near Public Transit
Days on Market
36
Property Type
Commercial
Property Sub Type
Multi Family

Property Description

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.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Yi Fan (Yvonne) Yue (yyuehomes@gmail.com) from Listing Office: Happy Growth Realty.

Listing sold by Daniel Crehin from Daniel Crehin, Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.