Torrance Multifamily Complex with
16925 Prairie Ave, Torrance, CA 90504
29-unit multifamily complex with high income in Torrance, CA.
Type:Multifamily
Property size:
12,019 SFPrice / SF:
$599/SF- Added:
- Jan 29, 2026
- Days on Market:
- 104
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 16925 Prairie Ave
General Information
- Standard status
- Active
- Size
- 12,019 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1964
Listing agent Justino Fa'aola License #02038198
Listing office Compass Los Angeles
Listing date Jan 29, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Compass Los Angeles
HighLights
- Heavy cash‑flowing property with an annual income of over $643,000.
- Located in Torrance, near Alondra Park, with proximity to the 405 freeway and Redondo Beach Blvd.
- Includes 2 newly‑constructed ADUs leased at market rate.
- Low operating expenses, requiring less than 34% of the effective gross income.
- Recent capital improvements including a newly paved parking lot, new roof, electrical upgrades, newer windows, and renovated units.
- Desirable unit mix of studios, one‑bedroom, and two‑bedroom apartments.
Overview
Located in the Northwest region of Torrance, adjacent to Alondra Park, the property at 16925 Prairie Ave is a 29-unit multifamily complex. Situated near the 405 freeway and Redondo Beach Blvd, it is surrounded by single-family homes. The property is within walking distance of convenience stores and in proximity to retailers such as Target, Kohls, Ralphs, Total Wine, and Trader Joes. Tenants benefit from reasonable commutes to LA International Airport, Ports of Long Beach, and DTLA. The unit mix includes 2 studios, 24 one-bedroom apartments, and 3 two-bedroom apartments, including 2 newly-constructed ADUs that have been leased at market rate. The property generates an annual income of over $643,000. Recent capital improvements include a newly paved parking lot, a new roof on 2 of the 3 buildings, electrical improvements, newer windows, and renovated units. Operating expenses require less than 34% of the effective gross income. The property features a grassy open courtyard space, on-site gated parking, and access to multiple laundry facilities. The property size is 12019 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Torrance
- County
- Los Angeles
- State
- California
- Longitude
- -118.3441837
- Latitude
- 33.8764826
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 29-unit multifamily complex with high income in Torrance, CA.
Where is this apartment building located?
The property is located at 16925 Prairie Ave Torrance, CA.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: Heavy cash‑flowing property with an annual income of over $643,000.; Located in Torrance, near Alondra Park, with proximity to the 405 freeway and Redondo Beach Blvd.; Includes 2 newly‑constructed ADUs leased at market rate.
