$6,500,000
-$390,00016925 Prairie, Torrance CA 90504
Multi-Family (29 Units)
Property type
127 days
On market
$541
Price per sqft
0 cars
Garage
1964
Year built
15,434 sqft
Lot size
Open Houses
Overview
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,...
Listing provided by: Justino Faaola DRE #02038198, COMPASS
Listing updated: May 26, 2026 at 04:13am.
Last checked: Jun 5, 2026 at 06:30am
Source: CRMLS #CV26021669
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 2 | 0 | 1 | — | $1,700 | $3,400 | $3,400 | Unfurnished |
| 24 | 1 | 1 | — | $1,821 | $43,700 | $48,000 | Unfurnished |
| 3 | 2 | 1 | — | $2,173 | $6,520 | $6,900 | Unfurnished |
# of Buildings: 3
# of Units Total: 29
Separate Electric Meters: 3
Separate Gas Meters: 1
Separate Water Meters: 1
Rent Control: No
Tenant Pays: None
Financial Snapshot
Gross Rent Multiplier
10.1x
List Price / Annual Gross Rent
Cap Rate
6.5%
NOI / List Price
Gross Scheduled Income: $643,445
Vacancy Allowance: $19,303
Vacancy Allowance Rate: 3%
Operating Expense: $201,713
Net Operating Income: $422,429
Annual Operating Expenses
Electric: $19,198
Gardener: $1,500
Fuel: $6,902
Insurance: $21,750
Maintenance: $21,750
New Taxes: $76,200
Professional Management: $24,966
Trash: $12,148
Water / Sewer: $8,399
Workers Comp: $6,000
Other Expense: $1,900
Interior
Cooling: Wall Window Units
Fireplace: None
Laundry: Common Area
Entry Location: Ground
Exterior
Property Attached: Yes
Stories Total: 3
Levels: One, Two, Three Or More
Common Walls: Two Common Walls Or More
Lot Features: Zero To One Unit Acre
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Parking: Assigned
Garage Spaces: 0
Parking Total: 0
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 4087018001
Additional Parcels: No
Tax Lot: 1
Community
Senior Community: No
Community Features: Biking, Curbs, Dog Park, Fishing, Golf, Gutters, Horse Trails, Park, Sidewalks
Nearby Schools
Nearby schools around the 16925 Prairie, Torrance, CA 90504. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,200,000
Total Interest
$6,632,313
Total Payment
$11,832,313
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$39,788
per month
Property History for 16925 Prairie
Torrance Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90504.
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