Tour
#SB25112274, Michelle Zabukovec, Listing office: Redfin Corporation
$4,400,000 List price
3536 Garnet St Torrance, CA 90503
0.4 acres
Condo
Property details
About 3536 Garnet St
This is a multifamily property consist of 18 units, centrally located in a prime area near Torrance City Hall, Del Amo Mall, and the Torrance Financial District. The property is located in a desirable residential neighborhood, with surrounding streets lined with well-maintained family residences and multifamily properties, adding to the overall appeal and long-term investment stability of the area. The property features carport parking and a large parking area, providing convenience for residents. There is a tremendous value-add opportunity for investors to renovate the units and bring rental rates to market levels, creating the potential to accelerate appreciation and increase cash flow in this high-demand location.A strategic opportunity for portfolio growth through a value-add multifamily asset. The unit mix consists of 5 studios, 12 one-bedroom units, and 1 two-bedroom unit. In addition, the building features leased laundry machines conveniently located on the first floor, offering residents easy access to laundry facilities while providing supplemental income to ownership and contributing to increased net operating income (NOI). By upgrading and renting the units at market rates, along with implementing operational improvements like laundry income, investors will improve the property's NOI, resulting in a higher capitalization rate (cap rate) and increased property valuation over time.
Highlights
Home typeCondominium
StatusActive
Lot size0.4003 Acres
Year built1961
MLS #SB25162583
Garage18 spaces
Summary
- Garage Space: 18 spaces
- Private Pool: No
- List Price: $4,400,000
- HOA Amount: $0
- Annual Tax Amount: $28,602
- Tax Year: 2024
- Directions: From Madrona Avenue, go west to Garnet Street, then turn left.
- Year Built: 1961
- Stories: 2
- Lot Size: 0.4003 Acres
- MLS Number: SB25162583
- MLS Name: CRMLS
- Office Name: Asensio Property Management Inc
- Office Email: asensiomngt@aol.com
- Listing Agent: Edgard Asensio
Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,257,310 | $28,602 |
| 2023 | $2,213,156 | $28,132 |
| 2022 | $2,169,867 | $27,702 |
| 2021 | $2,127,428 | $27,181 |
| 2020 | $2,100,270 | $26,427 |
| 2019 | $2,059,089 | $25,533 |
| 2018 | $2,018,715 | $24,959 |
| 2017 | $1,979,133 | $24,959 |
History based on county public records data.
Nearby schools
8
Victor Elementary School
Public District KG-5
1.0 mi
•4820 Spencer St
8
Fern Elementary School
Public District KG-5
1.1 mi
•1314 Fern Ave
8
Anza Elementary School
Public District KG-5
1.1 mi
•21400 Ellinwood Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $50,037. Typical income of Torrance, CA residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
32%
<35k
52%
35k-100k
15%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
51%
Single, No Kids
8%
Single, with Kids
22%
Married, No Kids
19%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
29%
18-34 yrs old
37%
35-64 yrs old
14%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Art Museums
Music Concerts
Where do the neighbors shop?
Banana Republic
Bloomingdales
H&M
Where do the neighbors go to eat?
Jack In The Box
Starbucks
Chipotle
What do the neighbors drive?
Toyota
Audi
Volkswagen
What do the neighbors listen to?
Jazz
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
Similar homes for sale
#SB25092717, Masao Haga, Listing office: Berkshire Hathaway HomeServices California Properties
#PV25155538, Joyce Yang, Listing office: Estate Properties
#SB25107128, Rubina Ryono, Listing office: Keller Williams Palos Verdes
#SB25151580, Sandy Bruce, Listing office: Estate Properties
Frequently asked questions
About 3536 Garnet St
The listing price of 3536 Garnet St property is $4,400,000.
The property 3536 Garnet St is a condo located in Torrance, California, 90503.
Active Listing: 3536 Garnet St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3536 Garnet St are: Victor Elementary School (GreatSchools Rating 8/10), Fern Elementary School (GreatSchools Rating 8/10), Anza Elementary School (GreatSchools Rating 8/10), Madrona Middle School (GreatSchools Rating 7/10), Jefferson Middle School (GreatSchools Rating 8/10), Bert Lynn Middle School (GreatSchools Rating 8/10), West High School (GreatSchools Rating 9/10), North High School (GreatSchools Rating 9/10), Torrance High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $28,602 (source: MLS/based on county public records data).
The property at 3536 Garnet St has 0 bathroom.
The year of construction for 3536 Garnet St is 1961.
This home is located at 3536 Garnet St in Torrance, CA and zip code 90503 in the Central Torrance neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 19, 2025 and is currently priced at $4,400,000.
While more than 43 listings in Torrance, CA in June 2025 were sold above asking price, there were more than 12 listings sold at asking price, and more than 27 were sold below. The inventory of homes for sale in Torrance, CA between May and June 2025 increased by 1.8%. In June 2025 median list price was $1,100,000 and the average listing age was 19 days.
From Rocket Homes Real Estate and based on county public records data.