16925 Prairie, Torrance, CA 90504
Local realty services provided by:CENTURY 21 Affiliated
16925 Prairie,Torrance, CA 90504
$7,200,000
- 3 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: justino faaola
Office: compass
MLS#:CV26021669
Source:San Diego MLS via CRMLS
Price summary
- Price:$7,200,000
About this home
We are proud to present 16925 Prairie Ave a heavy cash-flowing 29-unit multifamily complex located in the City of Torrance. 16925 Prairie Ave is located in the Northwest region of the City of Torrance adjacent to Alondra Park and all its community amenities. The property is conveniently located just off of the 405 freeway and Redondo Beach Blvd, surrounded by Single Family Homes with an average home sales price exceeding $850,000. Additionally, the property is walking distance to several convenience stores and benefits from its proximity to several big-name retailers like Target, Kohls, Ralphs, Total Wine, and Trader Joes to name a few. Tenants value being within reasonable commutes to major employers like LA International Airport, Ports of Long Beach, DTLA, and others in nearby areas.The property offers 29 units, including 2 newly-constructed ADUs that have been leased out at market rate. The unit mix consists of 2, Studios, 24, one-bedrooms, and 3, two-bedroom apartments. Currently the property produces an outstanding annual income of over $643,000. The property has undergone a variety of recent capital improvements including a newly paved parking lot, a new room on 2 of the 3 buildings, electrical improvements, majority newer windows, renovated units, and more. Currently, the property collects just over $643,000 per year and requires less than 34% of the effective gross income for operating expenses. A new investor will recognize the benefit of the heavy-cashflow through the capability of leveraging higher LTV debt opportunities. Tenants enjoy a grassy open courtyard sp...
Contact an agent
Home facts
- Year built:6000
- Listing ID #:CV26021669
- Added:43 day(s) ago
- Updated:March 15, 2026 at 02:14 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Year built:6000
- Levels:1 Story
Finances and disclosures
- Price:$7,200,000
New listings near 16925 Prairie
- New
$1,880,000Active6 beds -- baths2,826 sq. ft.25246 Bigelow Rd, Torrance, CA 90505
MLS# CRSB26052196Listed by: LYON STAHL INVESTMENT REAL ESTATE, INC. - Open Sun, 1 to 4pmNew
$1,999,000Active7 beds 7 baths3,896 sq. ft.2124 W 238th Street, Torrance, CA 90501
MLS# SB26052848Listed by: ESTATE PROPERTIES - Open Sat, 2:30 to 5pmNew
$949,000Active3 beds 3 baths1,691 sq. ft.4021 182nd #h, Torrance, CA 90504
MLS# AR26052933Listed by: PINNACLE REAL ESTATE GROUP - New
$998,000Active3 beds 3 baths1,765 sq. ft.3538 Torrance, Torrance, CA 90503
MLS# SB26047817Listed by: ESTATE PROPERTIES
$749,900Pending2 beds 3 baths1,057 sq. ft.18082 Prairie Avenue #105, Torrance, CA 90504
MLS# SB26055477Listed by: SCOTT ANASTASI REALTY, INC.
$749,900Pending2 beds 3 baths1,057 sq. ft.18082 Prairie Avenue #108, Torrance, CA 90504
MLS# SB26055563Listed by: SCOTT ANASTASI REALTY, INC.- New
$985,000Active3 beds 2 baths1,542 sq. ft.1034 Gian Drive, Torrance, CA 90502
MLS# 26658393Listed by: CHASE SKYE REALTY GROUP - New
$775,000Active2 beds 3 baths1,398 sq. ft.4325 W 182 Street, Torrance, CA 90504
MLS# WS26055039Listed by: RE/MAX PREMIER/SANMARINO - New
$54,900Active1 beds 1 baths700 sq. ft.23701 Western Avenue #152, Torrance, CA 90501
MLS# PW26055019Listed by: PELLEGO, INC - New
$250,000Active2 beds 2 baths842 sq. ft.23204 Sesame Street #C, Torrance, CA 90502
MLS# SR26051641Listed by: LUXURY COLLECTIVE