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… Read More 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 Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-425-9838
Listing Snapshot
Days Online
9
Last Updated
Property Type
Quadruplex
Beds
10
Full Baths
8
Square Ft.
4,724
Lot Size
0.17 Acres
Year Built
1958
MLS Number
SB26007545
Additional Details
Building
Built in 1958, Living area: 4724.0, Living area units: SquareFeet, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Biking, DogPark, Fishing, Golf, Park, Suburban, Sidewalks
Cooling
None
Fireplaces
None
Garage
4 spaces
Home Owner's Association
Association Fee: $0
Laundry
CommonArea
Lot
0.1723 acres, ZeroToOneUnitAcre
Parking
5 open parking spaces, 9 total parking spaces, DoorSingle, Garage, Tandem, Uncovered
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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