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Gary Elminoufi
Gary Elminoufi
(310) 292-0332garyelmo@gmail.com
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    California Regional Multiple Listing Service

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

    $2,289,000
    For Sale

    1902 Flagler

    Redondo Beach, CA 90278
    4724 sqft | 10 beds | 8 baths | 0.17 acres | #SB26007545
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    Listing OfficeLyon Stahl Investment Real Estate, Inc.
    37 photos
    Type:Purchase
    Structure:Townhouse
    Zone:Residential

    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

    • Property Details
        • Lot DescriptionZeroToOneUnitAcre
        • School DistrictRedondo Unified
        • Sewer InformationPublicSewer
        • CountyLos Angeles
        • Original List Price$2,289,000
        • MLS #SB26007545
        • Property SubtypeQuadruplex
        • MLS #SB26007545
        • Structure TypeQuadruplex
        • Cost2289000.0
        • Property TypePurchase
        • Acres0.1723
        • Square Feet4724.0
        • Utility SourcePublic
        • Year Built1958
        • Bathrooms8.0
        • Parking Spaces4.0
        • Hoa Fees0.0
        • Bedrooms10
        • Full Baths8
        • Stories2

    Location

    Legal

    The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

    Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

    Last Updated: Today at 12:51 PM. Source: CRMLS

    Provided By
    Listing Agent: Cameron Samimi (#SBSAMICAM)
    Listing Office: Lyon Stahl Investment Real Estate, Inc. (#sb1310620)

    Gary ElminoufiReal Estate Group
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