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$6,500,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 28 Total Beds
  • Updated 3 days ago
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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.

Full Property Details for 16925 Prairie Ave

General

  • Price: $6,500,000
  • Status: Active
  • Type: Multi-Family
  • Source: CLAW
  • MLS ID: 26859675
  • Updated: 7/14/2026
  • Added to Site: 3 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 27

Bedrooms

  • Total Bedrooms: 28

Other Rooms

  • Laundry: Laundry Area

Additional Information

  • Pool: Yes
  • Pool Description: Other
  • Security/Safety: Automatic Gate
  • Other Features: Accessory Bldgs

Parking

  • Garage Description: Gated

Location

  • Area: North Torrance West
  • County: Los Angeles
  • Driving Directions: 1 Block south of Redondo Beach Blvd, and west of Crenshaw Blvd.

Heating & Cooling

  • Cooling Type: Air Conditioning
  • Heating Type: Central

Structural Information

  • # Buildings: 3
  • Windows: Double-Pane Windows
  • Stories/Levels: 3
  • Square Feet: 12,021
  • Sq. Ft. Source: Plans
  • Year Built: 1964
  • Year Built Source: Vendor Enhanced
  • Property Condition: Updated/Remodeled

Unit Information

  • Units in Complex: 29
  • Unit Type: 2106, 2107, 2108, 2109

Unit 1

  • Total Bathrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Additional Structures

  • Other Structures: Accessory Bldgs

Lot Features

  • Lot Size (Acres): 0.3544
  • Lot Size: 15438
  • Lot Size Source: Vendor Enhanced
  • Zoning: TOCC-GEN

Financial Considerations

  • Price Per Sq. Ft.: $540.72
  • Assessment Year: 1964

Disclosures and Reports

  • Disclosures/Reports: As Is
  • APN: 4087-018-001

Listed by CB Richard Ellis, Inc., Manny Nunez

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Listing agent

— 16925 Prairie Ave —

  • Manny Nunez

    CB Richard Ellis, Inc.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 16925 Prairie Ave

School District:Torrance Unified School District
NameGradesDistance
Evelyn Carr Elementary School
3404 168th Street, Torrance, CA 90504
PK-50.6 mi
Philip Magruder Middle School
4100 185th Street, Torrance, CA 90504
6-80.9 mi
North High School, Torrance, CA
3620 West 182nd Street, Torrance, CA 90504
9-121 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 16925 Prairie Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/14/2026
Listed
$6,500,000
5.3%
MLS
10/16/2020
Sold
$6,173,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 16925 Prairie Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$78,343
3%
$6,681,852
4%
2023
$76,055
1%
$6,434,749
2%
2022
$75,026
2%
$6,308,820
15%
2021
$73,705
14%
$5,478,488
1%
2020
$64,831
1%
$5,422,440
2%
2019
$63,902
3%
$5,304,000
2%
2018
$62,158
179%
$5,200,000
217%
2017
$22,259
3%
$1,637,957
2%
2016
$21,654
2%
$1,605,841
2%
2015
$21,181
2%
$1,581,721
2%
2014
$20,802
1%
$1,550,738
—
2013
$20,532
—
$1,543,730
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by CB Richard Ellis, Inc., Manny Nunez

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16925 Prairie Ave, Torrance, CA 90504 (MLS# 26859675) is a Multi-Family property with units containing 28 bedrooms and 0 full bathrooms. 16925 Prairie Ave is currently listed for $6,500,000 and was received on July 14, 2026. Want to learn more about 16925 Prairie Ave? Do you have questions about finding other Multi-Family real estate for sale in Torrance? You can browse all Torrance real estate or contact a Coldwell Banker agent to request more information.

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