$2,289,000

1902 Flagler, Redondo Beach, CA 90278

  • 10 beds |
  • 8 baths |
  • 4,724 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1958
  • Property Lot Size Icon7,505sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $485/sqft
  • Property List Date Icon Listed 26 days ago

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 units—often 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 Bay’s most supply-constrained submarkets, 1902 Flagler Ln is a true blank canvas

Listing Status:
Active
Date Added:
January 16, 2026
Data Last Updated:
February 7, 2026 at 10:19PM
Listing Office:
Lyon Stahl Investment Real Estate, Inc. : 310-425-9838
Listing Agent:
Cameron Samimi : 310-425-9838
MLS ID:
SB26007545
  • Laundry: Common Area
  • A/C: None
  • Fireplace: None
  • Pool: None
  • Parking: Door-SingleGarageTandemUncoveredParking spaces: 9
  • General: 2
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRM
  • School District: Redondo Unified
  • County: Los Angeles
  • Zoning: 4156003008
  • View: View
  • Water: Public
  • Sewer: Public Sewer
  • Source: CRMLS_CRM

Presented by Veterans United Realty

This listing courtesy of Cameron Samimi , Lyon Stahl Investment Real Estate, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

B

Birney Elementary School

1600 Green Ln, Redondo Beach, CA, 90278

Grades KG-5

0.23 miles away

A

Adams Middle School

2600 Ripley Ave, Redondo Beach, CA, 90278

Grades 6-8

0.96 miles away

R

Redondo Beach Learning Academy

1000 Del Amo St, Redondo Beach, CA, 90277

Grades 9-12

1.69 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

13025 Roselle Avenue, Hawthorne, CA 90250
Multi-Family Home For Sale

$1,889,000

  • 10 bed |
  • 7 bath |
  • 4,164 sqft |
13025 Roselle Avenue Hawthorne, CA 90250

#OC25280672 - Capital Team Real Estate Svc