Listed by Tyler Leeson with Marcus & Millichap RE Invest

20308 Madison Street

Torrance, CA, 90503

$15,975,000

$546 per ft²
$15,975,000
$546 per ft²
Pending
Pending
 - For Sale
carpenters-square
29,212 ft²
property_type
Multi-family
calendar
Built 1969
Emerald Gardens is a 40-unit multifamily investment property located in Torrance, a premier rental market in Los Angeles County, California. Built in 1969, Emerald Gardens offers an attractive mix of one and two-bedroom floor plans and a desirable amenity package including controlled access, two on-site laundry facilities with landlord owned machines, private balconies (select units), and ample gated tuck-under parking. Emerald Gardens is situated in the desirable Delthorne neighborhood in Torrance, which is ranked as “The Best Neighborhood for Young Professionals in Torrance” according to Niche.com. The property is located blocks away from the Torrance Promenade, providing residents with convenient access to everyday needs. Additionally, Emerald Gardens is situated within 1 mile of the Del Amo Fashion Center and just over 1.50 miles from the South Bay Galleria, providing residents with an abundance of retail, dining, and entertainment options. Emerald Gardens is conveniently located in close proximity to Hawthorne Boulevard and Interstate 405, connecting residents to employment hubs throughout Los Angeles and Orange Counties.
MLS® ID:
OC22201572
Listed:
9/13/22
Updated:
3/24/23
Compass
Kathy & Robin Team
Mobile: (310) 902-1121Email: kathyandrobin@compass.com

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Common Area

Exterior/Building Features

Lot Size
0.66 acres lot
Lot Details
Corner Lot
Sewer
Public Sewer

Other Property Details

Area Name
699 - Not Defined
Association Amenities
Street Lights, Sidewalks
Garage
No
Parking
57
Parking Total
57.0
View
N
County
Los Angeles
Water Source
Public
Pool
No
Pool Description
None
Total Stories
2
Zoning
TORR-MD
Buyer Agency Compensation
1.500

Property History

Date
Event
Price
Value
10/6/22
Pending
-
-
12/20/22
Price Change
$15,500,000
-2%
12/20/22
Sold
-
-
12/21/22
Price Change
$15,975,000
103%
12/21/22
Pending
-
-

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/24/23. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/24/23 at 10:27 PM UTC

Compass
Kathy & Robin Team
Mobile: (310) 902-1121Email: kathyandrobin@compass.com
Contact