Active
18218 Mansel Avenue
Redondo Beach CA, 90278
$2,195,000
$655.22 per sqft
Active
6 Beds
6 Baths
3,350 sqft
Residential
Built in 1907
Listed by Mark Gallandt with Keller Williams Hollywood Hills 310-623-1300
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
24382721
MLSⓇ ID
April 22, 2024
Listed
May 1, 2024
Updated
Map
18218 Mansel Avenue
Redondo Beach CA, 90278
Interior Features
Total Stories
1
Bedrooms
6
Total Bathrooms
6
Interior Features
Open Floorplan, Recessed Lighting
Appliances
Electric Cooktop, Gas Range
Laundry Description
Inside, In Kitchen
Floor Description
Laminate
Fireplace
Yes
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air, Electric
Heating
Yes
Heating Description
Central, Wall Furnace
Exterior/Building Features
Lot Size
0.14 Acres
Architectual Style
Contemporary
Sewer
Other
Other Property Details
Area Name
132 - N Torrance - West
Days on Market
8
Garage
No
Parking
Assigned, Driveway, Garage, Pull-through, Shared Driveway, Side By Side, Tandem
Parking Total
6
View
No
View Description
None
County
Los Angeles
Pool
No
Pool Features
None
Zoning
RERR-LM
Buyer Agency Compensation
2%
Listing Contact: 310-623-1300
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 5/1/2024 at 5:40 AM UTC