REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Fatima Malik

fatima.malik@evrealestate.com +1(310) 968-2085

$ 6,500,000

Est. payment -/mo

Save

Active

16925 Prairie Ave Torrance, CA 90504

28 Beds

27 Baths

12,021 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,021 sqft

Price per Sqft $540

MLS Listing ID 26859675

Bedrooms 28

Construction Status Updated/Remodeled

Year Built 1964

Lot Size 0.354 Acres

Acres 0.3544

Property Sub-Type Multi-Family

Property 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-site laundry facilities, and secured access, this is a turnkey asset with a clear, low-capital runway to push rents toward market.

Location

State CA

County Los Angeles

Area North Torrance West

Zoning TOCC-GEN

Rooms

Other Rooms Accessory Bldgs

Interior

Heating Central

Cooling Air Conditioning

Equipment Alarm System

Laundry Laundry Area

Exterior

Parking Features Gated

Garage Spaces 15.0

Pool Other

Building

Story 3

Level or Stories Three Or More

Construction Status Updated/Remodeled

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

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.

Listed by CB Richard Ellis, Inc.

NEARBY SCHOOLS & PROPERTIES

Fatima Malik

Broker Associate | License ID: 01950831

+1(310) 968-2085

GET MORE INFORMATION