Income Home for Sale in Torrance, California

16925 Prairie Avenue, Torrance, California 90504, US

$ 6,500,000

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

  • Price: $ 6,500,000
  • MLS ID: 26859675
  • Property Type: Income Home
  • WEB ID: PR03675021
  • Property Status: Active
  • Lot Size: 15,438sqft
  •  Income Home for Sale in Torrance, California
  •  Income Home for Sale in Torrance, California
  •  Income Home for Sale in Torrance, California
  •  Income Home for Sale in Torrance, California
  •  Income Home for Sale in Torrance, California
  •  Income Home for Sale in Torrance, California
  •  Income Home for Sale in Torrance, California
  •  Income Home for Sale in Torrance, California

Prestige Estate Agency

+1 (424) 209-8844

info@prestigeestateagency.com

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  • Price: $ 6,500,000
  • MLS ID: 26859675
  • Property Type: Income Home
  • WEB ID: PR03675021
  • Property Status: Active
  • Lot Size: 15,438sqft
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.

Additional Features

  • Central
  • Three Or More
  • Parking spaces: 15.00
  • Listing Status: Active
  • Listing Agent: Manny Nunez (lic# 01990970) of CLAW
  • Listing Office: CB Richard Ellis, Inc. (lic# 00409987)
  • Based on information from CRISNet MLS as of 12th August 2026 at 1:20pm. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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