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Closed
- Listed price
- $5,200,000
- Listed Mar 10, 2017
- Sold price
- $5,200,000
- Sold Nov 22, 2017
15,375 sqft lot|1964 Built|188 MLS days on market
16925 Prairie Ave, Torrance, CA 90504
Property Description
Clean turn key 27 unit building in the city of Torrance with no deferred maintenance with NO RENT CONTROL*** New roof, new copper plumbing, newer sewer lines, new double paned vinyl windows, new front doors , new hardware , new paint inside and out. decks have been redone and hand rails have been replaced . All of the units but 3 have had complete interior renovations including upgraded electrical panels, laminate floors, granite counter tops and hard wired smoke detectors and ceiling fans . . All the units come with stoves and refrigerators. All the work was done while maintaining their long term tenant base . There are individual laundry rooms on all three floors.(owned by the seller) Each unit has their own off street parking spot. All long term tenants. On site manager has been there for 25 years. Rents have always been below market rates Call listing agent for details. NO DEFERRED MAINTANANCE. NO CAPITAL IMPROVEMENTS TO BE DONE STILL HAS UPSIDE See Supplements for tenancy list (long term tenants)
Listing agent: Mike BakerDRE #00934330mike@realestate-baker.com, Listing office: Re/Max Estate Properties
MLS data updated 11/3/2026, 11:52:39 PM PT
Source: CRMLSMLS #: SB17038133
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$5,200,000
Nov 22, 2017
Available records22017
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 90504 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 90504 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.