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28 Beds
27 Baths
12,021 sqft

$6,500,000

16925 Prairie Ave, Torrance CA, 90504

Price per sqft$540.72
Built in1964
Property size12,021 sqft
Property typeMulti-family

Overview

Active

Listed Jul 14, 2026

Updated 9h 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
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.35 Acres

Listed by Manny Nunez with CB Richard Ellis, Inc.
Listing Contact: 310-925-2551 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Robin D. Mitchell | Mitchell CRE Group | CA DRE# 02004841 shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 9/22/2026

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