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28 Beds
27 Baths
12,021 sqft

$6,500,000

16925 Prairie Avenue, Torrance CA, 90504

Price per sqft$540.72
Built in1964
Property size12,021 sqft
Property typeResidential
Listed by Manny Nunez CA DRE# 01990970 with CB Richard Ellis, Inc. 310-550-2602

Overview

Active

Listed Jul 14, 2026

Updated 8h ago

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.

$43,245/mo

Est. mortgage payment based on a $6,500,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26859675

Interior Features

Bedrooms
28
Bathrooms
27
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.35 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Listed by Manny Nunez CA DRE# 01990970 with CB Richard Ellis, Inc. 310-550-2602

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/18/2026. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2026 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/18/2026 at 4:55 PM UTC Last Checked: 4:55 PM UTC

 

 

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