About 3444 Emerald Street
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.
Features of 3444 Emerald Street
| MLS® # | 26916397 |
|---|---|
| Price | $5,699,999 |
| Bathrooms | 0.00 |
| Lot Size | 22,233 |
| Year Built | 1962 |
| Type | Commercial Sale |
| Status | Active |
| # Of Units | 20 |
Community Information
| Address | 3444 Emerald Street |
|---|---|
| Area | 126 - Central Torrance |
| City | Torrance |
| County | Los Angeles |
| Zip Code | 90503 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Front Yard, Sprinkler System |
|---|
Additional Information
| Date Listed | August 31st, 2026 |
|---|---|
| Days on Market | 11 |
| Zoning | TORR-MH |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | John 'jack' Mccann |
|---|---|
| Office | Lyon Stahl Investment Real Estate, Inc. |