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$ 6,500,000
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16925 Prairie AVE Torrance, CA 90504
28 Beds
27 Baths
12,021 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 12,021 sqft
Price per Sqft $540
MLS Listing ID 26859675
Bedrooms 28
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1964
Lot Size 0.354 Acres
Property 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.
Location
State CA
County Los Angeles
Area 132 - N Torrance - West
Zoning TOCC-GEN
Interior
Heating Central
Fireplace No
Exterior
Parking Features Gated
Pool See Remarks
Total Parking Spaces 15
Building
Story 3
Entry Level Three Or More
Level or Stories Three Or More
New Construction No
Construction Status Updated/Remodeled
Others
Senior Community No
Tax ID 4087018001
Security Features Security Gate
Special Listing Condition Standard
Listed by Manny Nunez CB Richard Ellis, Inc. #01990970
Kim And Raquel - Good Day Home Team
Agent | License ID: 01165332/370499
+1(661) 373-6597 | kimthurman365@gmail.com