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

Property Facts

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

Property Taxes

Parcel Number
7524-028-025
Land Assessment
$5,722,200
Improvements Assessment
$10,404,000
Total Assessment
$16,126,200
  • Listing ID: 13461602

  • Date on Market: 8/10/2018

  • Last Updated:

  • Address: 20308 Madison St, Torrance, CA 90503

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