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Berkshire Hathaway HomeServices California Properties

16925 Prairie, Torrance, CA 90504

$6,500,000 Approx. USD

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Justino Faaola | Jfaaola@compass.com
Lic#: 02038198
Broker: Courtesy of COMPASS
Phone: 626-914-2904

Listing Details

Property type: Apartment (Multi-Family)

Property Sub-Type:

Status: Active

Listing ID: CV26021669

List price is $6,500,000 Reduced by $390,000 on 5/26/2026

Price: $6,500,000

Rental Rate: $6,500,000

Lot Size:

None fireplaces

Built in 1964

1 story

0.35 acres

County: Los Angeles

Parking description: Assigned

Lot description: ZeroToOneUnitAcre

Heating/cooling: Wall/Window Unit(s)

Last Updated: 6/11/2026

Days On Market (DOM): 140

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Lat/Long: 33.876548, -118.344156.
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Lot Details

Easement Present: (Easement present. For more information, contact agent.)

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Property Details

SIGNIFICANT PRICE REDUCTION. 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 it’s 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 roof on 2 of the 3 buildings, electrical improvements, majority newer windows, renovated units, and more. 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 space, on-site gated parking, and access to multiple laundry facilities.

Financials

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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