16925 Prairie Avenue, Torrance, CA — listing photo 1
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FOR SALE

16925 Prairie Avenue

Torrance, CA 90504
28 Beds
27 Baths
12,021 Sq Ft
Built 1964
$6,500,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1964
Living area
12,021 sq ft
Lot size
15,438 sq ft
Parking
15 spaces
Stories
3
Days on market
51
MLS status
Active
Zoning
TOCC-GEN

Features & Amenities

Parking

  • Gated

Pool

  • See Remarks

Security

  • Security Gate

Community, Schools & Utilities

Utilities

Heating
Central
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Location & Neighborhood

16925 Prairie Avenue

Torrance, CA 90504

Frequently Asked Questions About 16925 Prairie Avenue

Property type: Residential Income

The current asking price is $6,500,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 16925 Prairie Avenue. Our team will confirm availability and timing.
This 28 bedrooms and 27 bathrooms property offers approximately 12,021 square feet of living space. It was built in 1964. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Torrance, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Torrance property.
The MLS currently reports the property as Active. It has been listed for 51 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Manny Nunez
MLS ID: CLW-C124691

Available property

$6,500,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.