20-Unit Apartment Building with
New
For Sale
$5,699,999
3444 Emerald Street, Torrance, CA 90503
Gated multifamily property with a pool, laundry facilities, and patios at most units.
Property Size16,201 SF
Lot Size0.51 Acres
Days on Market3
Property Features for 3444 Emerald Street
General Information
Standard status
Active
Size
16,201 SF
Net Rentable
16,201 SF
Total Parking Spaces
20
Lot size
0.51 Acres
Property subtype
COMMERCIAL
Occupancy
95%
Units
Unit Mix
1 x 3BR/2BA, 5 x 2BR/1BA, 13 x 1BR/1BA, 1 x Studio
Multifamily Units
20
Additional Details
Utilities to Site
Yes
Sprinkler System
Yes
Amenities
gated front and rear entries
sprinkler system
pool
owner-owned laundry
patio
Building Details
Building Size
16,201 SF
Year Built
1962
Buildings
1
Construction
wood frame and stucco
Listing Agency:
Lyon Stahl Investment Real Estate, Inc.
Listed By:
John 'Jack' McCann · License #01963932
Source:
2buy
Added: Aug 31
Changed: Sep 1
Last Checked: Sep 1 at 8:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lyon Stahl Investment Real Estate, Inc.
Investment Insights
Based on property information with market context.
Built in 1962, this 20-unit apartment property provides 16,201 rentable square feet on a 22,228-square-foot lot. The unit mix includes one three-bedroom/two-bath residence, five two-bedroom/one-bath units, thirteen one-bedroom/one-bath units, and one studio. Wood-frame and stucco construction sits on a raised foundation, with copper plumbing, two 100-gallon water heaters, sprinkler systems, and separate gas and electric metering. Water, sewer, and trash are owner paid.
Gated front and rear access, 20 parking spaces, a pool, and owner-owned laundry with two washers and two dryers serve the property. Most units include a patio. Recent improvements include new hardscape and replacement of several dual-pane windows. A large manager’s storage room may be converted into an additional apartment or ADU. Occupancy is 95%, with the studio scheduled to vacate at the end of August. The property pro forma reflects a 6.5% cap rate and 9.78 GRM.
Gated front and rear access, 20 parking spaces, a pool, and owner-owned laundry with two washers and two dryers serve the property. Most units include a patio. Recent improvements include new hardscape and replacement of several dual-pane windows. A large manager’s storage room may be converted into an additional apartment or ADU. Occupancy is 95%, with the studio scheduled to vacate at the end of August. The property pro forma reflects a 6.5% cap rate and 9.78 GRM.
Key Highlights
- 20‑unit apartment building with 16,201 rentable square feet
- Unit mix includes 1 three‑bedroom, 5 two‑bedroom, 13 one‑bedroom units, and 1 studio
- 22,228‑square‑foot lot with 20 parking spaces
Property Analytics
Property Profile
Current Use
Lease Details
20
Residential units
95%
Occupancy
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,248
Businesses Nearby
Explore this area
Business Placement
Demographics for 90503, CA
45,386
Population
18,189
Households
2.5
Avg Household Size
42
Median Age
55%
College-Educated
96%
High-School Grad
5.3 sq mi
ZIP Area
8,563
Density / Sq Mi
$119,685
Median Household Income
$71,848
Median Earnings
$2,249
Median Rent
$1,058,100
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Gated multifamily property with a pool, laundry facilities, and patios at most units.
Where is this apartment building located?
The property is located at 3444 Emerald Street Torrance, CA.
What is the asking price?
The asking price for this property is $5,699,999.
What are key features of this property?
This property features: 20‑unit apartment building with 16,201 rentable square feet; Unit mix includes 1 three‑bedroom, 5 two‑bedroom, 13 one‑bedroom units, and 1 studio; 22,228‑square‑foot lot with 20 parking spaces
