Listed by Martin Ensbury, Lyon Stahl Investment Real Estate, Inc., (310) 425-9838 . Bought with Lyon Stahl Investment Real Estate, Inc.
3528-3530 Emerald St
Torrance, CA 90503
Delthome
44 Beds
36 Baths
20,562 sqft (on 0.44 acres)
44 Beds
36 Baths
20,562 sqft
(on 0.44 acres)
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Local Information
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Description
This is the first time on the market for 3528 & 3530 Emerald St., Torrance since 1974! This 22-unit value-add apartment building is located in prime Torrance on one of the most desirable streets in all of Torrance. The property is located within walking distance of the Del Amo Fashion Center, a 2.1M+ sq. ft. shopping center owned by Simon Property Group and the 6th largest mall in the United States. The subject property is also close to three of the largest medical centers in California: Little Company of Mary, Torrance Memorial, and Kaiser Permanente Medical Center. There is a substantial amount of development in the area including the Torrance Commerce Center, which encompasses 4 state-of-the art corporate headquarter industrial buildings totaling 615,000 sq. ft., with buildings sized between 105,000 and 278,000 sq. ft. The development is taking place on a 33-acre site, which previously featured the 700,000 sq. ft. North American headquarters for Toyota.
The subject property consists of 2 separate apartment buildings built in 1969, with a driveway between the buildings and tuck-under parking below each building. In addition to the on-site parking (31 spots), the church next door rents parking spaces in their large parking lot to tenants at the building. The property has an amazing unit mix consisting of (6) 3b/2ba units, (8) 2b/2ba units, (2) 2bd/1ba units and (6) 1bd/1ba units. The buildings total 20,562 sq. ft. and sit on a 19,113 sq. ft. lot. These are very large units, with an average unit size of 869 sq. ft. The property is separately metered for electricity and master metered for gas and water. The City of Torrance is installing a new gas meter, which will be installed prior to the close of escrow. The building has 2 laundry rooms for additional rental income and several storage lockers for each parking spot. There are currently 4 vacancies at the property. 2 of the units are rent ready. Although the units could easily be rented, the seller has been leaving units vacant so that a buyer can make the improvements they desire to those vacancies to achieve maximum rents. In addition, the on-site manager, who knows the building very well, is willing to move out prior to closing. However, it may be advantageous to a buyer to retain the on-site manager due to his vast knowledge of the building. The property is subject to AB 1482, but is not subject to any local rent control. There is approximately 34% rent upside. OM included as a supplement.
The subject property consists of 2 separate apartment buildings built in 1969, with a driveway between the buildings and tuck-under parking below each building. In addition to the on-site parking (31 spots), the church next door rents parking spaces in their large parking lot to tenants at the building. The property has an amazing unit mix consisting of (6) 3b/2ba units, (8) 2b/2ba units, (2) 2bd/1ba units and (6) 1bd/1ba units. The buildings total 20,562 sq. ft. and sit on a 19,113 sq. ft. lot. These are very large units, with an average unit size of 869 sq. ft. The property is separately metered for electricity and master metered for gas and water. The City of Torrance is installing a new gas meter, which will be installed prior to the close of escrow. The building has 2 laundry rooms for additional rental income and several storage lockers for each parking spot. There are currently 4 vacancies at the property. 2 of the units are rent ready. Although the units could easily be rented, the seller has been leaving units vacant so that a buyer can make the improvements they desire to those vacancies to achieve maximum rents. In addition, the on-site manager, who knows the building very well, is willing to move out prior to closing. However, it may be advantageous to a buyer to retain the on-site manager due to his vast knowledge of the building. The property is subject to AB 1482, but is not subject to any local rent control. There is approximately 34% rent upside. OM included as a supplement.
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from September 26, 2023
Home Highlights
Parking
Garage
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 3528-3530 Emerald St
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Beds & Baths Number of Bedrooms: 44Number of Bathrooms: 36 |
Appliances & Utilities Utilities: Electricity Connected, Natural Gas Connected, Sewer ConnectedLaundry: Common Area |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: 1 |
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Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 31Number of Covered Spaces: 31Has a GarageNo Attached GarageParking Spaces: 31Parking: Covered,Driveway Down Slope From Street,Storage |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
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Cumulative Days on Market: 7 |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 7524013047 |
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Price List Price: $7,250,000 |
Status Change & Dates Off Market Date: Tue Sep 26 2023 |
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MLS Status: Closed |
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Direction & Address City: Torrance |
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Building Area Building Area: 20562 Square Feet |
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Community Features: Storm Drain(s), Street Lights, Suburban, SidewalksNot Senior Community |
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Association for this Listing: California Regional MLS |
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Lot Area: 0.44 acres |
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Special Conditions: Standard |
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Contingencies: No loan, no appraisal.Listing Terms: Cash, Cash to New Loan, 1031 Exchange |
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Expense Tenant Pays: Electricity |
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No Rent Control |
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Mls Number: SB23165640Living Area Range Units: Square FeetCommon Interest: Community ApartmentUniversal Property Id: US-06037-N-7524013047-R-N |
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Storm Drain(s)Street LightsSuburbanSidewalks |
Last check for updates: about 8 hours ago
Listed by Martin Ensbury DRE #00815392, (310) 546-8133
Lyon Stahl Investment Real Estate, Inc.
Bought with: Martin Ensbury DRE #00815392, (310) 546-8133, Lyon Stahl Investment Real Estate, Inc.
Originating MLS: California Regional MLS
Source: CRMLS, MLS#SB23165640
Price History for 3528-3530 Emerald St
| Date | Price | Event | Source |
|---|---|---|---|
| 12/12/2023 | ListingRemoved | Zillow Rentals | |
| 11/27/2023 | $1,950 | Listed For Rent | Zillow Rentals |
| 09/26/2023 | $6,650,000 | Sold | CRMLS #SB23165640 |
| 09/12/2023 | $7,250,000 | Contingent | CRMLS #SB23165640 |
| 09/05/2023 | $7,250,000 | Listed For Sale | CRMLS #SB23165640 |
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Comparable Sales for 3528-3530 Emerald St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.15 | Multi-Family Home | $4,575,000 | 11/14/25 | 12 | 20 | 11,208 | |
0.12 | Multi-Family Home | $4,000,015 | 10/28/25 | 14 | 170 | 9,449 | |
0.51 | Multi-Family Home | $2,065,000 | 09/25/25 | 8 | 7 | 4,302 | |
2.37 | Multi-Family Home | $15,630,000 | 07/02/25 | 40 | 40 | 28,788 | |
1.70 | Multi-Family Home | $6,100,000 | 11/21/25 | 672 | 630 | 20,228 | |
1.38 | Multi-Family Home | $3,439,800 | 11/25/25 | 140 | - | 6,770 | |
1.69 | Multi-Family Home | $2,950,000 | 01/09/26 | 9 | 8 | 4,610 | |
2.79 | Multi-Family Home | $9,000,000 | 10/17/25 | 24 | 24 | 14,718 | |
1.74 | Multi-Family Home | $2,950,000 | 01/14/26 | 9 | 8 | 4,610 | |
1.53 | Multi-Family Home | $1,300,000 | 10/31/25 | 8 | 4 | 2,800 |
Assigned Schools
These are the assigned schools for 3528-3530 Emerald St.
- Jefferson Middle School
- 6-8
- Public
- 674 Students
9/10GreatSchools RatingParent Rating AverageBert Lyn and Cassmir are better. I would not recommend but it’s okay.Student Review1y ago - Victor Elementary School
- K-5
- Public
- 965 Students
9/10GreatSchools RatingParent Rating AverageGreat school with staff who has been here for years, that are part of the community, give so much. The community is caring, diverse, and supportive. We love this school!Parent Review8mo ago - West High School
- 9-12
- Public
- 1775 Students
10/10GreatSchools RatingParent Rating AverageAs a younger sister, I don't focus on my elder siblings very much however, as my sibling's senior year began, I noticed something off. I have never written a review to anyplace good or bad, but I believe if I don't write something about my concern now, many more will suffer. Lindy Torres who is a AP Physics at TUSD West High School is THE WORST TEACHER TO EXIST. I have never seen my sibling so emotionally, physically, and mentally suffer from one class even though she has taken six other AP classes. Lindy Torres gives no lectures, no homework for practice, she gives daily tests and quizzes, and when a student asks a question, Lindy is terrible at discussing and explaining topics (she never explains topics anyways, which clearly shows). She leaves school right when the bell rings which is harder for many students who have after school questions. She will have a lab in class if not a test or quiz, along with the lab a thoroughly completed CER along with answering lab questions. Teachers are here to explain topics for free to students in a public school, not in this school I guess. My sister had to get private tutoring for Physics and when my sister explained what will be on the test and when, even the tutor, who has a PhD in physics said, "These are the three of the biggest topics of Physics! Your teacher giving you only two days to review for your test is absolutely unacceptable and impossible!". Considering no teaching being done in the classroom, she should at least give more time. I demand Lindy Torres to be fired from this school. She does not care about students, only her job. After a complain to the office about her, she gave a powerpoint presentation about the simple parts of a topic and said to my sister, "Are you happy I did a lecture today?" If someone gave the worst and driest explaination about anything, they are doing nothing. A teachers job is to engage the student in class and the subject, not to drive them away. Whether the teacher may teach at a university or elementary school, they need to make students fall in love with the subject, not hate it.Other Review5mo ago 
Check out schools near 3528-3530 Emerald St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Delthome
At least 74 Trulia users voted on each feature.
92 % Say there are sidewalks
86 % Say it's dog friendly
78 % Say car is needed
76 % Say it's walkable to restaurants
68 % Say streets are well-lit
68 % Say people would walk alone at night
66 % Say it's walkable to grocery stores
63 % Say there's holiday spirit
58 % Say kids play outside
56 % Say it's quiet
55 % Say they plan to stay for at least 5 years
38 % Say neighbors are friendly
34 % Say yards are well-kept
34 % Say there's wildlife
31 % Say parking is easy
16 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-02-09 09:51:42 PST and /or other sources. 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
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3528-3530 Emerald St, Torrance, CA 90503 is a 44 bedroom, 36 bathroom, 20,562 sqft multi-family built in 1969. 3528-3530 Emerald St is located in Delthome, Torrance. This property is not currently available for sale. 3528-3530 Emerald St was last sold on Sep 26, 2023 for $6,650,000 (8% lower than the asking price of $7,250,000). The current Trulia Estimate for 3528-3530 Emerald St is $6,878,900.