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

16925 Prairie Avenue

^$ 6,500,000

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Recently Listed

16925 Prairie Avenue

Torrance, CA, 90504

^$ 6,500,000

Bedrooms28 Baths2.0 Sq 12,021

Monthly Estimate*

^$ 41,042

Listed by CB Richard Ellis, Inc.

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

Multi-Family Home for sale in Torrance, CA

for $6,500,000 with 28 bedrooms and 2 full baths. This 12,021 square foot home was built in 1964 on a lot size of 0.3544.

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

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.3544

Year Built

1964

Town/City

Torrance

County/Region

Los Angeles

MLS | Web ID

26859675

Days on Market

Features

General

Living Area 12021

Heating Central

Zoning TOCC-GEN

Pool Features See Remarks

Security Features Security Gate

Year Built 1964

Levels Three Or More

Gross Income 650110

County Los Angeles

Net Operating Income 405037

New Construction false

Property Type Residential Income

HOA false

Full Baths 0

Special Listing Conditions Standard

Status Active

Directions 1 Block south of Redondo Beach Blvd and west of Crenshaw Blvd.

City Torrance

Senior Community Y/N false

Number Of Units Total 29

MLS Area 132 - N Torrance - West

Lot Size Units Square Feet

Lot Size Square Feet 15438

Property Condition Updated/Remodeled

Rent Control Y/N false

Standard Status Active

Cap Rate 6.23

Interior

Total Stories 3

Heating Y/N true

Window Features Double Pane Windows

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Total Bedrooms 28

Total Baths 27

Exterior

Parking Features Gated

Total Parking 15

Lot Size Area 15438

Number of Buildings 3

Building Area Total 12021

Lot Size Acres 0.3544

* Excluded Features

List By

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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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 ^$2,882,528

Percent of Sale Price 56%

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

4827337 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 0.3544. 16925 Prairie Avenue has 28 bedrooms, 2.0 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 Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 7/16/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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16925 Prairie Avenue

Multi-Family Home for sale in Torrance, CA

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