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Listed by: Manny Nunez (310) 550-2602 DRE #01990970 | CB Richard Ellis, Inc.
$6,500,000
28 Beds
27 Baths
12,021sqft
16925 Prairie Ave, Torrance, CA 90504
$6,500,000
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Multi Family
Built in 1964
$-- HOA
15,438 sqft lot
$541/sq.ft
Description
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-s...
Continue Reading- Houzeo last checked: 5 hours ago
- Listing updated: July 22, 2026 at 7:15 am
- Source: California Regional MLS-CA | MLS#: 26859675
Property Details
Status
Active
Type
Multi Family
No. of Stories
3
County
City
Neighborhood
--
Year Built
1964
HOA Fees
-
Finished Area
12,021 sqft
Lot Size
15,438 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26859675
MLS Status
Active
Days on Market
44
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