Commercial: MLS #0026916397 Torrance, CA ^$ 5,699,999

Commercial: MLS #0026916397

^$ 5,699,999

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Commercial: MLS #0026916397

Name: address
Address: CA, 90503

Torrance, CA, 90503

^$ 5,699,999

Bedrooms-- Baths--

Monthly Estimate*

^$ 35,990

Commercial Property for sale in Torrance, CA

for $5,699,999. This building was built in 1962.

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.

Commercial Active

Price

^$ 5,699,999

Property Type

Commercial

Taxes

^$ 0

Style

Year Built

1962

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

0026916397

Features

General

Zoning TORR-MH

Security Features Gated Community Resident Manager

Year Built 1962

Building Name Continental Apartments Torrance

County Los Angeles

Insurance Expense 10794

Property Type Commercial Sale

MaintenanceExpense 38843

Status Active

City Torrance

MLS Area 126 - Central Torrance

Standard Status Active

Interior

Total Stories 2

Air Conditioning Y/N false

Heating Y/N true

Laundry Features Laundry Equipment Own Lease Community

Total Baths 0

Exterior

Lot Features Sprinkler System Lot 20000-39999 Sqft Front Yard

Water Source Public

Lot Size Area 22233

* Excluded Features

List By

John 'Jack' McCann

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

Broker

jack@lyonstahl.com

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$35,990

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Monthly Principal & Interest: $35,990
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Torrance, CA

Average List Price ^$1,804,132

Percent of Sale Price 68%

About Torrance, CA

145,215 Population

5% Since 2002

^$83,626 Median Income

43.39 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
8/31/2026	$5,699,999		Listed Price

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*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 8/31/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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Commercial: MLS #0026916397

Commercial Property for sale in Torrance, CA

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