ASSET Fourplex apartment in a highly desirable west Torrance location. Not subject to local rent control – AB 1482 only. The asset contains an outstanding unit mix of (1) 3-bedroom/2-bathroom unit, (2) 2-bedroom/2-bathroom units and (1) 1-bedroom/1-bathroom unit. Each unit has washer/dryer hook-ups. The spacious 3-bedroom is renovated and features a fireplace and a two-car garage with an additional parking space. The property also contains a large patio and 5 garage spaces. The property is a residential asset which presents a desirable owner-user opportunity. LOCATION 4104 Emerald Street is located west of Hawthorne Boulevard, less than 2 miles from the Redondo Beach Pier and the beach. The property is just a few blocks from Del Amo Fashion Center and in close proximity to King Harbor, Village Del Amo and many other retail, entertainment and dining options of Torrance and Redondo Beach. FINANCIALS This 4,302-SF asset contains stable-in place rents as well as legitimate rental upside. The property has a current cap rate of 4.01% and a current GRM of 15.79. The asset also presents rental upside with a pro-forma cap rate of 4.55% and pro-form GRM of 14.52. Furthermore, the property qualifies for attractive residential financing. *Buyer to conduct their own due diligence and investigation. Please do not disturb tenants.