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20308 Madison ST Torrance, CA 90503
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Key Details
Sold Price $15,500,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 29,212 sqft
Price per Sqft $530
MLS Listing ID OC22201572
Sold Date 12/20/22
HOA Y/N No
Year Built 1969
Lot Size 0.660 Acres
Acres 0.66
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
Area 699 - Not Defined
Zoning TORR-MD
Interior
Laundry Community
Exterior
Pool None
Community Features Sidewalks, Street Lights
Private Pool No
Building
Lot Description Corner Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Lease Land No
Confidential INFO
BAC 1.5
TERMS Cash,Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE Agent
SHOW INSTRUCTIONS Please contact the listing agent. Do not disturb the tenants.
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Bought with NONMEMBER MRML