Mohr Real Estate Group

Mohr Real Estate Group

16925 Prairie AV Torrance CA 90504 MLS #26859675

16925 Prairie AV
Torrance, CA, 90504
$6,500,000
28 Beds
27 Baths
12,021 SqFt
0.35 Acres
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$6,500,000
16925 Prairie AV
Torrance, CA, 90504
MLS #26859675 image #0MLS #26859675 image #1MLS #26859675 image #2MLS #26859675 image #3MLS #26859675 image #4MLS #26859675 image #5MLS #26859675 image #6MLS #26859675 image #7

Property Description


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.

Property Details

Price:
$6,500,000
MLS #:
26859675
Status:
Active
Beds:
28
Baths:
27
Type:
Single Family
Neighborhood:
132ntorrancewest
Listed Date:
Jul 14, 2026
Finished Sq Ft:
12,021
Total Sq Ft:
12,021
Lot Size:
15,438 sqft / 0.35 acres (approx)
Year Built:
1964
132 – N Torrance – West132ntorrancewest

Schools

Interior

Heating
CF
Levels
C

Exterior

Parking Spots
15
Parking Total
15
Security Features
AG
Window Features
DPW

Financial

Gross Operating Income
$624,106
Net Operating Income
$405,037
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Torrance, CA
The Mohr Real Estate Group

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