Samimi CRE Advisors
    All closed deals
    Closed Case Study

    1902 Flagler Lane, Redondo Beach, CA

    1902 Flagler Ln, Redondo Beach — 4-Unit Sold $2.2M

    1902 Flagler Lane, Redondo BeachClosed April 2026Represented Seller Representation
    1902 Flagler Lane — closed by Cameron Samimi

    Price

    $2,200,000

    Units

    4

    $/Unit

    $550,000/unit

    Type

    multifamily

    Deal summary

    1902 Flagler Lane, Redondo Beach, CA is a 4-unit multifamily property that sold for $2,200,000 ($550,000/unit) in April 2026. Cameron Samimi of Samimi CRE Advisors represented the Seller Representation in the transaction.

    The Challenge

    Selling 1902 Flagler Lane in Redondo Beach presented the challenge of accurately valuing a four-unit multifamily property in a dynamic market. We needed to ensure the pricing reflected its true potential and attracted a serious buyer ready to close quickly. The goal was to secure a strong per-unit and per-square-foot valuation.

    What We Did

    My approach involved a comprehensive market analysis to strategically position the property at a competitive price point of $2,200,000. I leveraged my network to identify a qualified buyer, Antonios Papanikolaou, who understood the asset's value. We highlighted the strong location and income potential of the property.

    The Result

    The transaction for 1902 Flagler Lane closed successfully at $2,200,000, achieving $550,000 per unit and $465 per square foot for the 4,724 square foot property. This outcome delivered an excellent return for my client and a valuable asset for the buyer. It's another example of maximizing value in the competitive Redondo Beach multifamily market.

    Verified coverage

    This closing was reported by Traded (April 2026).

    Thinking about selling your apartment building?

    Cameron Samimi has closed 334+ multifamily transactions across LA County. Get a free, no-obligation Broker Opinion of Value for your property.

    Request a Free BOV

    Explore more