16925 Prairie AVE, Torrance, CA 90504
16925 Prairie AVE, Torrance, CA 90504
16925 Prairie AVE, Torrance, CA 90504
16925 Prairie AVE, Torrance, CA 90504
16925 Prairie AVE, Torrance, CA 90504
16925 Prairie AVE, Torrance, CA 90504
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Antonio Vaziri

Antonio Vaziri

+1(818) 381-9977
$ 6,500,000
Est. payment | /mo

28 Beds

27 Baths

12,021 SqFt

Save
$ 6,500,000
Est. payment | /mo
Save

28 Beds

27 Baths

12,021 SqFt

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

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Manny Nunez CB Richard Ellis, Inc. #01990970

Nearby Locations

Antonio Vaziri

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(818) 381-9977

antoniovaziri@gmail.com

8383 Wilshire Blvd Suite 800, Beverly Hills, CA

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16925 Prairie AVE