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  • 16925 Prairie Avenue

16925 Prairie Avenue, Torrance, CA 90504

$6,500,000 Approx. USD 28 beds, 27 baths
12,021 sqft

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Text Me
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Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
Phone: 805-687-2666
Fax: 805-563-0053
 Santa Barbara 3868 State St
Santa Barbara, CA 93105
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Fax: 805-563-0053
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Listing Agent


Manny Nunez | manny.nunez@cbre.com
Lic#: 01990970
Broker: Courtesy of CB Richard Ellis, Inc.
Phone: 3105502602

Agent Remarks

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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 26859675
Price: $6,500,000
Beds: 28
Baths: 27
Built in 1964
12,021 sqft
0.35 acres
Lot size: 0.3544
County: Los Angeles
Zoning: TOCC-GEN
Parking description: Gated
Heating description: Central
MLS area: 132 - N Torrance - West

Last Updated: 7/14/2026

 Days On Market (DOM): 5

 Find more Torrance homes and real estate

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This listing belongs to the 132 - N Torrance - West MLS area

Lat/Long: 33.876492, -118.344146.
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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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Photo of Hristo Hristov

Hristo Hristov, G.R.I., SFR, GREEN, FTBS REALTOR® - Sales Associate 805-284-8471 m
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com Text Me
Call My Cell
Lic#: 01978598
NRDS ID: 199506356
HHristov@bhhscal.com
Santa Barbara Office
3868 State St
Santa Barbara, CA 93105
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