Torrance, CA 90503,20308 Madison Street
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Torrance, CA 90503,20308 Madison Street
Torrance, CA 90503,20308 Madison Street
Torrance, CA 90503,20308 Madison Street
Torrance, CA 90503,20308 Madison Street

$15,500,000

Est. payment /mo

$15,975,000

3.0%
Est.Price: ?

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20308 Madison Street Torrance, CA 90503

5 Beds

SOLD DATE : 12/20/2022

Key Details

Sold Price $15,500,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC22201572

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

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.

Location

State CA

County Los Angeles

Zoning Assessor

Exterior

View Y/N No

Building

Story 2

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MLS Router / San Diego MLS
Listed by Tyler Leeson Marcus & Millichap RE Invest
Bought with General NONMEMBER NONMEMBER MRML
Pam Wenhe

Pam Wenhe

Broker | License ID: 01325484

+1(619) 892-3300

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