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20308 Madison St
Torrance, CA 90503
Emerald Gardens Apartments · Multifamily Property For Sale
·
40 Units

Property Facts
| No. Units | 40 | Building Size | 29,212 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1969 |
| Building Class | C | Parking Ratio | 1.95/1,000 SF |
| Lot Size | 0.66 AC | ||
| Zoning | R3, Torrance | ||
| No. Units | 40 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.66 AC |
| Building Size | 29,212 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 1.95/1,000 SF |
| Zoning | R3, Torrance |
About 20308 MADISON ST , TORRANCE, CA 90503
Triwell Properties, Inc. is proud to present the exclusive sale offering Emerald Gardens Apartments, a 40 unit multi-family apartment building located in the heart of the South Bay. The surrounding neighborhood includes a mix of both single family residences and multi-family apartment buildings. The relatively young population average age in the mid 30’s includes a large population of singles and young families creating a high demand rental market. Emerald Gardens Apartments boasts a long history of high occupancy. Tenants benefit from secured garage parking, spacious floor plans, on site laundry facilities and the quiet interior courtyards. The unbeatable location includes the nearby beaches, access to 405 and 110 freeways and LAX as well as Torrance Promenade, the recently renovated Del Amo Fashion Center and El Camino College in close proximity. The pride of the long term ownership is evident in its extremely well maintained condition, allowing Emerald Gardens Apartments to truly stand out among its peers in the neighborhood.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 24 | - | - |
| 2+2 | 16 | - | - |
Property Taxes
| Parcel Number | 7524-028-025 | Improvements Assessment | $10,404,000 |
| Land Assessment | $5,722,200 | Total Assessment | $16,126,200 |
Property Taxes
Listing ID: 13461602
Date on Market: 8/10/2018
Last Updated:
Address: 20308 Madison St, Torrance, CA 90503
The Delthome Multifamily Property at 20308 Madison St, Torrance, CA 90503 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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