906 Flagler Lane, Redondo Beach, California 90278, Redondo Beach, 90278 - 3 bed, 2 bath
ACTIVE$1,360,000
906 Flagler Lane, Redondo Beach, California 90278
3Beds
2Baths
1,175Sqft
5,006Lot
Price Vs. Estimate
The estimated value ($1,377,338.09) is $17,338.09 (1%) lower than the list price ($1,360,000). This property may be overpriced.
Key pros and cons
Top Pros:
Great Schools: Elementary School: Birney Elementary School (9/10).
Top Cons:
Age of Property & Renovation Needs: Built in 1953, the existing structure likely requires substantial modernization and renovation to meet contemporary standards and buyer expectations, incurring additional costs.
Compared to the nearby listings
Price:$1.36M vs avg $1.53M ($-170,000)30%
Size:1,175 sqft vs avg 1,636 sqft25%
Price/sqft:$1.2K vs avg $99672%
More Insights
Built in 1953 (72 years old).
Condition: The property, built in 1953, has received some updates such as LVP flooring, recessed lighting, and a more recently renovated bathroom with a tiled shower and modern vanity. However, the main kitchen features dated oak-style cabinets, older-style countertops, and black appliances, suggesting a renovation that is likely 15-30 years old. While functional, the kitchen and overall aesthetic are outdated and would require significant modernization to meet current standards. The property is maintained but shows signs of age and outdated components, fitting the 'Fair' condition criteria.
Year Built
1953
Close
-
List price
$1.36M
Original List price
$1.25M
Price/Sqft
$1,157
HOA
-
Days on market
-
Sold On
-
MLS number
25595015
Home ConditionFair
Features
Good View:
Deck
Patio
View
About this home
Discover the allure of this charming Redondo Beach property, set on a 5,000 sqft R-2 lot just minutes from the ocean. The home offers 3 bedrooms and 2 bathrooms with a 2-car garage and a separate lower-level unit with a private entrance, ideal for extended family or rental income. This property also offers excellent potential for expansion or redevelopment. There is ample space to extend the existing structure, add an ADU, or even rebuild a new, larger two-story home, creating outstanding investment and income opportunities. These possibilities may vary depending on city regulations; buyers and agents are advised to verify all potential uses, permits, and zoning details directly with the City of Redondo Beach.
Nearby schools
8/10
Jefferson Elementary School
Public,•K-5•0.2mi
9/10
Birney Elementary School
Public,•K-5•0.4mi
8/10
Washington Elementary School
Public,•K-5•0.8mi
8/10
Adams Middle School
Public,•6-8•0.9mi
8/10
Parras (Nick G.) Middle School
Public,•6-8•1.3mi
8/10
Redondo Union High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
01/02/98
Sold
$175,000
11/04/21
Sold
$1,050,000
Condition Rating
Fair
The property, built in 1953, has received some updates such as LVP flooring, recessed lighting, and a more recently renovated bathroom with a tiled shower and modern vanity. However, the main kitchen features dated oak-style cabinets, older-style countertops, and black appliances, suggesting a renovation that is likely 15-30 years old. While functional, the kitchen and overall aesthetic are outdated and would require significant modernization to meet current standards. The property is maintained but shows signs of age and outdated components, fitting the 'Fair' condition criteria.
Pros & Cons
Pros
Great Schools: Elementary School: Birney Elementary School (9/10).
Prime Coastal Location: The property is ideally situated just minutes from the ocean in the highly desirable city of Redondo Beach, offering excellent lifestyle appeal.
Income/Multi-Generational Potential: A separate lower-level unit with a private entrance provides significant flexibility for rental income generation or accommodating extended family.
Significant Development Potential: Positioned on a 5,000 sqft R-2 zoned lot, the property offers ample opportunities for expansion, adding an ADU, or rebuilding a new, larger two-story home.
Strong Investment Opportunity: The combination of R-2 zoning, development potential, and income-generating capabilities positions this property as an outstanding investment.
Excellent School District: The property is located within a highly-rated school district, with multiple elementary, middle, and high schools receiving strong ratings (8-9).
Cons
Age of Property & Renovation Needs: Built in 1953, the existing structure likely requires substantial modernization and renovation to meet contemporary standards and buyer expectations, incurring additional costs.
Development Due Diligence Required: Buyers are explicitly advised to verify all potential uses, permits, and zoning details with the City of Redondo Beach, indicating potential complexities and uncertainties in redevelopment plans.
Modest Living Space: The total living area of 1175 sqft is relatively modest, which may limit appeal for buyers seeking more spacious accommodations or larger individual units if the lower unit is included in this figure.