16925 Prairie Avenue Torrance, CA ^$ 6,500,000

16925 Prairie Avenue

^$ 6,500,000

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16925 Prairie Avenue

Torrance, CA, 90504

^$ 6,500,000

Studio Baths0.0 Sq 12,021

Monthly Estimate*

^$ 41,042

16925 Prairie Avenue, Torrance, CA 90504 - Image 1

16925 Prairie Avenue, Torrance, CA 90504 - Image 2

16925 Prairie Avenue, Torrance, CA 90504 - Image 3

16925 Prairie Avenue, Torrance, CA 90504 - Image 4

16925 Prairie Avenue, Torrance, CA 90504 - Image 5

16925 Prairie Avenue, Torrance, CA 90504 - Image 6

16925 Prairie Avenue, Torrance, CA 90504 - Image 7

16925 Prairie Avenue, Torrance, CA 90504 - Image 8

Studio

Multi-Family Home for sale in Torrance, CA

for $6,500,000. This 12,021 square foot home was built in 1964 on a lot size of 0.35.

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.

Multi-Family Active

Price

^$ 6,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.35

Year Built

1964

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

0026859675

Features

General

Living Area 12021

Heating Central

Zoning TOCC-GEN

Security Features Automatic Gate

Year Built 1964

Levels Three or More

County Los Angeles

New Construction false

Property Type Residential Income

HOA false

Status Active

City Torrance

Senior Community Y/N false

MLS Area 132 - North Torrance West

Lot Size Units Square Feet

Lot Size Square Feet 15438

Property Condition Updated/Remodeled

Standard Status Active

Interior

Total Stories 3

Heating Y/N true

Window Features Double Pane Windows

Total Baths 0

Exterior

Lot Size Area 15438

Building Area Total 12021

Lot Size Acres 0.35

* Excluded Features

List By

Manny Nunez

Listing Agent

Cb Richard Ellis, Inc.

Broker

manny.nunez@cbre.com

Affordability Calculator

$41,042

Per Month

Monthly Principal & Interest: $41,042
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Torrance, CA

Average List Price ^$2,810,377

Percent of Sale Price 57%

About Torrance, CA

145,215 Population

5% Since 2002

^$83,626 Median Income

43.39 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

0 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/14/2026	$6,500,000		Listed Price

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16925 Prairie Avenue, Torrance, CA, 90504 is a Multi-Family Home for sale at $6,500,000 with 12,021 sqft and a lot size of 0.35. 16925 Prairie Avenue is a studio with 0.0 baths and was built in 1964. The property's zip code is 90504 which is in Torrance, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Desert Association of Realtors.

Based on information from the California Desert Association of REALTORS® as of 7/22/2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the California Desert Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistributed. Its sole purpose is to be used to identify prospective properties consumers may be interested in purchasing.

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16925 Prairie Avenue

Multi-Family Home for sale in Torrance, CA

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