Durable, Recession-Resistant, Cash Flow-29U

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.


Located on the northwest corner of Torrance directly across from 84-acre Alondra Park, with immediate access to the 405 Freeway. The location gives residents walkable green space and easy regional connectivity, while sitting in one of the South Bay's tightest rental markets — helping support the below-market-to-market rent growth story.



29 units: 2 studios, 24 one-bedrooms, 3 two-bedrooms
Two newly constructed (2025) solar-powered, all-electric, individually metered ADUs — exempt from rent control
~83% of income government-backed/voucher-supported — recession-resistant cash flow
In-place rents ~18% below market — clear upside runway
SB 721 compliant (passed November 2025)
~90% of units renovated
Capital improvements: repaved parking lot, new security cameras, secured access
Three on-site laundry facilities
Directly across from 84-acre Alondra Park; seconds from the 405 Freeway