3444 Emerald Street

Torrance, CA 90503

$5,699,999

0.51 acres
Built 1962

Listed by Lyon Stahl Investment Real Estate, Inc. · MLS #26916397

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A FEW THINGS TO NOTICE

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Year built

Built in 1962.

Property size

0.51 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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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.

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THE NEIGHBORHOOD

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3444 Emerald Street, Torrance, CA 90503

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THE DETAILS

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Property type: CommercialSale
Category: Commercial
Year built: 1962
Zoning: TORR-MH
Parcel: 7524013002
HOA fee: $0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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3444 Emerald Street, Torrance, CA 90503 · MLS #26916397

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Listing information

MLS #26916397 · California Regional MLS

Listing brokerage: Lyon Stahl Investment Real Estate, Inc.
Listing agent: John 'Jack' McCann

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.