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4104 Emerald St
Torrance, CA 90503
Multifamily Property For Sale
·
4 Units
Investment Highlights
- Highly Desirable West Torrance Location – West of Hawthorne Boulevard | Residential Asset – Presents Desirable Owner-User Opportunity
- Located Less Than 2 Miles from the Beach & Close Proximity to Del Amo Fashion Center, King Harbor, Redondo Beach Pier & Village Del Amo
- Large Patio & Total of 5 Garage Spaces | Qualifies for Attractive Residential Financing
- Outstanding Unit Mix of (1) 3-Bedr/2-Bath Unit, (2) 2-Bed/2-Bath Units & (1) 1-Bed/1-Bath Unit | Each Unit Contains Washer/Dryer Hook-Ups
- Renovated Front 3-Bedroom Unit with Fireplace & 2-Car Garage and an Additional Space | No Local Rent Control – Defaults to AB 1482
- 4.01% Current Cap Rate & 15.79 Current GRM | 4.55% Pro-Forma Cap Rate & 14.52 Pro-Forma GRM
Property Facts
| No. Units | 4 | Building Size | 34,266 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1963 |
| Lot Size | 1.55 AC | Parking Ratio | 1.39/1,000 SF |
| Zoning | TORR-MH | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 1.55 AC |
| Building Size | 34,266 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.39/1,000 SF |
| Zoning | TORR-MH |
Amenities
Unit Amenities
- Washer/Dryer Hookup
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $3,440 | - |
| 2+2 | 2 | $2,795 | - |
| 1+1 | 1 | $1,995 | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $8,183,428 | |
| Land Assessment | $3,001,245 | Total Assessment | $11,184,673 |
Property Taxes
Parcel Numbers
Land Assessment
$3,001,245
Improvements Assessment
$8,183,428
Total Assessment
$11,184,673
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