36
See all 36 photos
$2,289,000
Est. payment /mo
10 Beds
7,504 Sqft Lot
New
1902 Flagler Redondo Beach, CA 90278
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26007519
Bedrooms 10
Lot Size 7,504 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Assessor
Direction East of S Aviation Blvd & Artesia Blvd . Across from Chick-fil-A
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 4156003008
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA
Listed by Cameron Samimi Lyon Stahl Investment Real Estate, Inc.
GET MORE INFORMATION