Incredible opportunity to step into a fabulous-turn-key income-producing property in the heart of east Redondo Beach’s "El Nido" neighborhood. This 3,350 sq. foot property with two brand new built homes and remodeled front house is perfect for the investor or landlord that likes low deferred maintenance over the coming years of ownership. Monthly occupied rents are very close to current market value and offer a competitive cap rate. The two New Built Homes to the rear of the lot have mirror layouts and offer a large open "loft-like" first floor area with a modern kitchen, washer and dryer, high-end appliances and great entertainment area. A downstairs bath exudes quality and convenience for family and guests. With tons of light and a bespoke modernistic feel, these units are designed to please. Upstairs, it includes a primary suite with dual sinks in the highly appointed full bath with walk in closet, and the secondary bedroom with an additional highly appointed full bath. Off street parking is plentiful with a generous outside common area. The level of build quality and luxury far exceeds standard rental "expectations" and helps contribute to anticipated competitive rental rates and income longevity. The front house features 2 bedrooms and 2 baths and is completely remolded with newer windows and wide plank flooring. This light and bright airy feeling in the front house offers western exposure for sea breezes, and gleaming sunset and dusk views with plenty of ambiances. The amazing open floor plan leads to a generous family area adjacent to a modernly appointed kitchen with a wrap-around tile counter and breakfast bar. The two bedrooms offer spacious privacy with two bathrooms for convenience. An in-unit laundry area is a dream bonus for the discerning renter. Ample off street parking is a plus. The best part is that the deferred maintenance of brand-new high-quality construction can lead to a peaceful and easily managed income situation. Solar panels can contribute to lower variable energy costs, and can offer peace and mind of off-grid continuity in the event of power outages. With an unprecedented walking score of 100, this property checks off all the desires that high quality renters demand in today’s marketplace. Grocery, restaurants, shopping, South Bay Galleria, etc. are just steps from your door for convenience. Freeway access is nearby and the infamous "Redondo Beach" is a couple of minutes from you. This is a must-see property that won’t last long
Property Details
Price:
$2,195,000
MLS #:
24-384815
Status:
Active
Beds:
6
Baths:
8
Address:
18218 Mansel Ave
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
northtorrancewest
City:
Redondo Beach
Listed Date:
Apr 22, 2024
State:
CA
Finished Sq Ft:
3,350
Lot Size:
6,004 sqft / 0.14 acres (approx)
Year Built:
1907
Schools
Interior
Amenities
None
Cooking Appliances
Electric, Gas/ Electric Range, Cooktop – Electric
Cooling
Central, Electric
Flooring
Laminate
Heating
Wall, Central
Interior Features
Laundry – Closet Stacked, Recessed Lighting, Open Floor Plan
Kitchen Features
Quartz Counters, Remodeled
Laundry
In Kitchen, In Unit, Inside
Exterior
Building Type
Detached
Common Walls
Detached/ No Common Walls
Exterior Construction
Stucco
Foundation Details
Raised
Lot Description
Fenced
Lot Location
City
Other Structures
None
Parking Garage
Pull-through, Assigned, Side By Side, Shared Driveway, Tandem, Driveway
Patio Features
Concrete Slab
Pool Description
None
Roof
Asphalt
Spa
None
Style
Contemporary
Tennis Court
None
Financial
Land Lease Type
Fee
See this Listing
Mortgage Calculator
Map
Community
- Address18218 Mansel Ave Redondo Beach CA
- AreaNorth Torrance West
- CityRedondo Beach
- CountyLos Angeles
Similar Listings Nearby
- 1450 3rd ST
MANHATTAN BEACH, CA$2,850,000
2.17 miles away
- 437 Kansas ST
EL SEGUNDO, CA$2,799,000
4.73 miles away
- 720 S Catalina AVE
REDONDO BEACH, CA$2,795,000
3.07 miles away
- 136 Via Los Miradores
Redondo Beach, CA$2,790,000
3.81 miles away
- 314 Longfellow Avenue
HERMOSA BEACH, CA$2,689,999
2.95 miles away
- 2603 Ralston LN
REDONDO BEACH, CA$2,599,000
0.47 miles away
- 609 35th ST
MANHATTAN BEACH, CA$2,575,000
3.95 miles away
- 225 Moonstone St
Manhattan Beach, CA$2,569,000
4.56 miles away
- 601 Via Monte Doro
REDONDO BEACH, CA$2,550,000
4.26 miles away
- 1637 1st ST
MANHATTAN BEACH, CA$2,499,000
1.93 miles away
Courtesy of Mark Gallandt at Keller Williams Hollywood Hills. The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS) is for the visitor’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-07.
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share). This site was last updated 2024-05-07.
18218 Mansel Ave
Redondo Beach, CA
LIGHTBOX-IMAGES