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4122 Emerald Street

Torrance, 90503

0 Bd
0 Ba
6,900 Lot
$1,600,000 SOLD Price | Closed 7/21/23
Closed Status
42 Days on Market
May 19 First Day Active
$1,650,000 Start Price

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.

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Property Details for 4122 Emerald Street

Listing Details

Listing Advertised By
Dave Fratello, Edge(310) 243-6299|
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Listing Presented By
Yi Fan Yue
Listing Brokered By
Happy Growth Realty
Type
Commercial Sale, Multi Family
Year Built
1963
MLS Area
126 - Central Torrance

Price and MLS Information

Status
Closed | Listing History
MLS Days on Mkt.
42 DOM
Combined DOM*
42
First Date Active
May 19th, 2023
Closing Date
July 21st, 2023
Sold Price
$1,600,000
Orig. List Price
$1,650,000
MLS® #
SR23087337
APN
7524015096
Special
Standard

Room Information

Laundry
Inside

Exterior Information

Lot Description
Near Public Transit
Lot Size (sq. ft.)
6,900
Lot Size (acres)
0.16

Utilities Information

Water Source
Public

Additional Information

Buyer's Brokerage Fee
2.000

* Combined DOM (CDOM) counts the total days on market for each time a property is listed, and continues counting until the property is Canceled/Expired for 90 days, no matter which agent or broker lists the property. This figure presents a truer picture of time on market because agents sometimes "re-list" a property after it has been on the market a while to try to “refresh” the Days on Market count, or sellers may change agents when a property has failed to sell.

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Neighborhood Information

MLS Area
126 - Central Torrance
City/State
Torrance
Zip Code
90503
County
Los Angeles
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Listing/Price History

4122 Emerald Street, Torrance, (MLS® #SR23087337)

Date Details Price Change
Closed $1,600,000
Active
Active Under Contract (from Active)
First Day Active $1,650,000
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Listing Summary

Quick Summary of 4122 Emerald Street: This home in Torrance is priced at $1,650,000 . The Multi Family residence was originally built in 1963 and was listed on May 19th, 2023 at $1,650,000, showing 42 Days on Market currently. Contact Dave Fratello today for more information or to go see 4122 Emerald Street.

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Based on information from California Regional Multiple Listing Service, Inc. as of May 26th, 2024 at 5:25pm PDT. 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.