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$2,289,000

Est. payment - /mo

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10 Beds

8 Baths

4,724 SqFt

New

1902 Flagler Redondo Beach, CA 90278

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Wendy Carter

wendy@wendycarter.com +1(858) 716-6750

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Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 4,724 sqft

Price per Sqft $484

MLS Listing ID SB26007545

Bedrooms 10

Full Baths 8

Year Built 1958

Lot Size 7,504 Sqft

Property Sub-Type All Other Attached

Property Description

Rare Find! DELIVERED FULLY VACANT 4 Plex ready to be remodeled to your liking with your own tenants. 1902 Flagler Ln, located in a highly desirable pocket of Redondo Beach, is a massive 4,724 SF. This oversized 4 plex also sits on a 7,500 SF Lot, perfect for adding ADUs while still maintaining parking. The asset comes complete with 4 Garages and 5 additional parking tandem to the garages. RBR-3 lot, the property offers two spacious 3-bed/2-bath units and two 2-bed/2-bath, with classic mid-century curb appeal in a quiet neighborhood. At stabilization, before ADU, the asset targets a 6.86% CAP / 11.92 GRM, with flexibility to reposition as luxury apartments, long-term rentals, or a mix of mid-term stays. Two detached garages at the rear can be converted into two extra 2+2 ADUs, leveraging new California ADU Ordinances like Senate Bill 1211 & SB 79 that allow multifamily owners to add or convert unitsoften without replacing onsite parking, subject to streamlined, ministerial approvals. Zoning supports this infill strategy, including potential density bonuses and relaxed standards when aligned with affordable or workforce housing goals. Just minutes from the beach, major employment hubs, and top tourist attractions. For investors seeking scale in one of the South Bays most supply-constrained submarkets, 1902 Flagler Ln is a true blank canvas

Location

State CA

County Los Angeles

Direction East of S Aviation Blvd & Artesia Blvd . Across from Chick-fil-A

Interior

Fireplace No

Exterior

Parking Features Garage - Single Door

Garage Spaces 4.0

View Y/N Yes

Water Access Desc Public

View Other/Remarks

Total Parking Spaces 9

Building

Story 2

Sewer Public Sewer

Water Public

Level or Stories 2

Others

Senior Community No

Tax ID 4156003008

Acceptable Financing Cash, Conventional, Exchange, FHA, VA, Cash To New Loan

Listing Terms Cash, Conventional, Exchange, FHA, VA, Cash To New Loan

Special Listing Condition Standard

Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.

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Wendy Carter

Real Estate Agent | CA DRE#02059416

+1(858) 716-6750

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