16925 Prairie Avenue, Torrance, California 90504
- $6,500,000
- $6,500,000
Overview
- Residential Income
- 28
- 27
- 12021 Sqft
- 1964
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
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Address: 16925 Prairie Avenue
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City: Torrance
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State/county: CA
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Zip/Postal Code: 90504
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Country: US
Details
Updated on July 14, 2026 at 6:34 pm-
Property ID 26859675
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Price $6,500,000
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Property Size 12021 Sqft
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Land Area 0.3544 Acres
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Bedrooms 28
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Bathrooms 27
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Year Built 1964
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Property Type Residential Income
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Property Status Active
Additional details
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Heating Central
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County Los Angeles
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Property Type Residential Income
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Pool See Remarks
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Parking Gated
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