16925 Prairie Avenue, Torrance, CA 90504

Torrance
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
16925 Prairie Avenue,Torrance, CA 90504
$6,500,000
  • 28 Beds
  • 27 Baths
  • 12,021 sq. ft.
  • Multi-family
  • Active
Listed by: manny nunez
Office: cb richard ellis, inc.
MLS#:26859675
Source:CRMLS

Price summary

  • Price:$6,500,000
  • Price per sq. ft.:$540.72

About this home

16925 Prairie Avenue is a 29-unit multifamily community on the northwest corner of Torrance, directly across from 84-acre Alondra Park and seconds from the 405 Freeway. The unit mix comprises 2 studios, 24 one-bedrooms, and 3 two-bedrooms - including two newly constructed (2025) ADUs that are solar-powered, all-electric, individually metered, and exempt from rent control. Approximately 83% of income is government-backed or voucher-supported, delivering durable, recession-resistant cash flow, while in-place rents sit roughly 18% below market. SB 721 compliant, passed November 2025. With ~90% of units renovated, a fully repaved parking lot, new security cameras, three on-site laundry facilities, and secured access, this is a turnkey asset with a clear, low-capital runway to push rents toward market.

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Home facts

  • Year built:1964
  • Listing ID #:26859675
  • Added:99 day(s) ago
  • Updated:September 19, 2026 at 01:24 PM

Rooms and interior

  • Bedrooms:28
  • Total bathrooms:27
  • Living area:12,021 sq. ft.

Heating and cooling

  • Heating:Central Furnace

Structure and exterior

  • Year built:1964
  • Building area:12,021 sq. ft.
  • Lot area:0.35 Acres
  • Levels:Three Or More

Finances and disclosures

  • Price:$6,500,000
  • Price per sq. ft.:$540.72

Features and amenities

  • Amenities:Double Pane Windows, Security Gate

Parking

  • Total parking spaces:15
  • Parking description:Gated
Based on information from California Regional Multiple Listing Service, Inc. as of October 22, 2026 . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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