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16925 Prairie Avenue

Torrance, CA 90504
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Bed 28

Bed

Bath 27

Bath

SqFt12,021

Sqft

SqFt15,438

Sqft(Lot)

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 towar d market.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $6,500,000

AD Id : 88281458

MLS Id : 26859675

Beds : 28

Lot Size : 15,438 Sq. Ft

Living Area Size : 12,021 Sq. Ft

Year Built : 1964

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 28

    Bathroom Information

    Total Baths: 27
  • Heating & Cooling

    Has Heating: Yes Heating: Central

  • Building Information

    Year Built: 1964
    Building Area Total: 12021
    Pool Features: SeeRemarks
    Private Pool: No

  • Lot Information

    Main Square Feet: 15438 Lot Size Acres: 0.3544 Lot Size Square Feet: 15,438

  • Listing Price Information

    Listing Price: $6500000

  • Tax Information

    Parcel Number: 4087018001

  • Location Information

    Direction: 1 Block south of Redondo Beach Blvd, and west of Crenshaw Blvd. Security Features: SecurityGate
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1900 W Artesia #57, Torrance, CA, 90504 $64,000 2 1 516 --
1900 W. Artesia Blvd #4, Torrance, CA, 90504 $154,000 2 1 800 --
17210 Wilton Pl., Torrance, CA, 90504 $980,000 3 2 1,344 5,087 Sq. Ft
2516 W 164th, Torrance, CA, 90504 $999,999 3 1 1,070 6,112 Sq. Ft
18517 Illinois Court, Torrance, CA, 90504 $1,100,000 5 3 1,821 5,255 Sq. Ft
17534 Purche, Torrance, CA, 90504 $1,249,990 4 3 2,747 6,301 Sq. Ft
17214 Elgar Avenue, Torrance, CA, 90504 $1,299,000 3 2 1,786 6,052 Sq. Ft
3111 W 178th Street, Torrance, CA, 90504 $1,175,000 3 2 1,716 5,173 Sq. Ft
17415 Falda Ave, Torrance, CA, 90504 $1,199,000 4 2 1,354 5,652 Sq. Ft
16718 Cerise Avenue, Torrance, CA, 90504 $1,220,000 4 2 1,764 5,202 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/27/2026 @ 01:38

MLS: 26859675 LISTED BY: Manny Nunez, CB Richard Ellis, Inc. SOURCE: CRMLS

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