16925 Prairie Avenue, Torrance, California 90504
  • $6,500,000

Overview

Property ID: 26859675
  • Residential Income
  • Property Type
  • 28
  • Bedrooms
  • 27
  • Bathrooms
  • 12021 Sqft
  • Area Size
  • 1964
  • Year Built

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.

  • Address: 16925 Prairie Avenue
  • City: Torrance
  • State/county: CA
  • Zip/Postal Code: 90504
  • Country: US

Details

Updated on July 14, 2026 at 6:34 pm
  • Property ID 26859675
  • Price $6,500,000
  • Property Size 12021 Sqft
  • Land Area 0.3544 Acres
  • Bedrooms 28
  • Bathrooms 27
  • Year Built 1964
  • Property Type Residential Income
  • Property Status Active

Additional details

  • Heating Central
  • County Los Angeles
  • Property Type Residential Income
  • Pool See Remarks
  • Parking Gated

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