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1902 Flagler Ln
Redondo Beach, CA 90278 North Redondo Beach

$2,289,000 USD

Multifamily For Sale  •  4,724 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 4,724 SF
  • Lot Size 0.17 AC
  • Year Built 1958
  • Zoning RBR-3
0 Transit Score
86 Walk Score

Highlights

Delivered 100% vacant: immediate path to full market rents after renovation offered at 6.86% CAP & 11.92 GRM
Garage conversion: SB 1211 / SB 79 & Redondo’s ADU code, garage-to-ADU is allowed without parking replacement; rapid permit processing for value-add
Desired Premium Rentable Unit Mix (2) 3+2 & (2) 2+2
South Bay location: walkable to beaches, entertainment, and local job centers—always top rental demand.

Property Flyers

Amenities

  • Laundry Facilities
  • Heating
  • Bay Window
  • Ceiling Fans
  • Kitchen
  • Refrigerator
  • Range
  • Carpet

Public Transportation

AirportDriveWalkDistance
Los Angeles International 14 min - 7.1 mi
Long Beach (Daugherty Field) 21 min - 14.3 mi
Bob Hope 44 min - 32.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: CoveredTandem
Included in Rent: Yes
Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate
Cameron Samimi 310-259-7556 Lyon Stahl Investment Real Estate