10 Beds
8 Baths
4,724 SqFt
10 Beds
8 Baths
4,724 SqFt
Open House
Sun Jan 25, 11:00am - 2:00pm
Sat Jan 24, 11:00am - 2:00pm
Key Details
Property Type Multi-Family
Sub Type Quadruplex
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
HOA Y/N No
Year Built 1958
Lot Size 7,505 Sqft
Property Sub-Type Quadruplex
Property Description
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
Location
State CA
County Los Angeles
Area 699 - Not Defined
Rooms
Main Level Bedrooms 10
Interior
Cooling None
Fireplaces Type None
Fireplace No
Laundry Common Area
Exterior
Parking Features Door-Single, Garage, Tandem, Uncovered
Garage Spaces 4.0
Garage Description 4.0
Pool None
Community Features Biking, Dog Park, Fishing, Golf, Park, Suburban, Sidewalks
View Y/N Yes
Total Parking Spaces 9
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Dwelling Type Quadruplex
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Schools
School District Redondo Unified
Others
Senior Community No
Tax ID 4156003008
Acceptable Financing Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Listing Terms Cash, Cash to New Loan, Conventional, Cal Vet Loan, 1031 Exchange, FHA, VA Loan
Special Listing Condition Standard
Nearby Locations
- 10
Grand View Elementary School
Public | KG - 5
- 10
Hermosa View Elementary School
Public | KG - 2
- 10
Alta Vista Elementary School
Public | KG - 5
- 10
Anza Elementary School
Public | KG - 5
- 9
Robinson Elementary School
Public | KG - 5
- 9
Pacific Elementary School
Public | KG - 5
- 9
Hermosa Valley Elementary School
Public | 3 - 8
- 9
Meadows Elementary School
Public | KG - 5
- 9
Pennekamp Elementary School
Public | KG - 5
- 9
Beryl Heights Elementary School
Public | KG - 5
- 9
Jefferson Elementary School
Public | KG - 5
- 9
Da Vinci Innovation Academy
Public | KG - 8
- 9
Towers Elementary School
Public | KG - 5
- 9
Lincoln Elementary School
Public | KG - 5
- 8
Birney Elementary School
Public | KG - 5
- 8
Madison Elementary School
Public | KG - 5
- 8
Victor Elementary School
Public | KG - 5
- 8
Washington Elementary School
Public | KG - 5
- 8
Edison Elementary School
Public | PK - 5
- 8
Mark Twain Elementary School
Public | KG - 5
- 10
Manhattan Beach Middle School
Public | 6 - 8
- 9
Parras Middle School
Public | 6 - 8
- 9
Richard Henry Dana Middle School
Public | 6 - 8
- 9
Adams Middle School
Public | 6 - 8
- 8
Bert Lynn Middle School
Public | 6 - 8
- 8
Jefferson Middle School
Public | 6 - 8
- 8
Magruder Middle School
Public | 6 - 8
- 7
Madrona Middle School
Public | 6 - 8
- 6
Jane Addams Middle School
Public | 6 - 8
- 6
Hawthorne Middle School
Public | 6 - 8
- 6
Will Rogers Middle School
Public | 6 - 8
- 5
Prairie Vista Middle School
Public | 6 - 8
- 5
Bud Carson Middle School
Public | 6 - 8
- 0
Fusion Academy South Bay
Private | 6 - 12
- 0
Redondo Beach Learning Academy
Public | 8 - 12
- 0
Opportunities for Learning - Hermosa Beach
Public | 7 - 12
- 10
Mira Costa High School
Public | 9 - 12
- 9
Redondo Union High School
Public | 9 - 12
- 9
Da Vinci Science
Public | 9 - 12
- 9
West High School
Public | 9 - 12
- 9
North High School
Public | 9 - 12
- 6
Environmental Charter High School
Public | 9 - 12
- 5
Lawndale High School
Public | 9 - 12
- 5
Leuzinger High School
Public | 9 - 12
- 2
Hawthorne High School
Public | 9 - 12
- 1
Centinela Valley Independent Study
Public | 9 - 12
- 0
Vistamar School
Private | 9 - 12
- 0
Redondo Shores High (Continuation)
Public | 9 - 12
- 0
Family First Charter
Public | 9 - 12
- 0
R. K. Lloyde High School
Public | 9 - 12
- 0
South Bay Academy Community Day
Public | 9 - 12
- 0
Ambassador High School
Private | 9 - 12
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Broker Owner