18218 Mansel Avenue
$2,199,800
6
8
3,300
3,300
$667
Description
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...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, great entertainment area and operational solar panels, which lower energy costs. 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. Plus, there is a possibility of adding an additional unit on the property, the property permits are set up for this. As well,
- Listed by Danny Mayari • DRE #01913528 • Brokerage DRE #02043232 • Pellego, Inc. • 310-817-9477
Property Details for 18218 Mansel Avenue
Parking Spaces Total
0
Private PoolNo
Total Units3.0
Building TypeDetached
Lot Size SourceAssessor
Living Area3300
Assessor Parcel Number4083-005-008
Property Attached YNfalse
LISTING UPDATED: 12/16/2024 02:25 AM
Property Details for 18218 Mansel Avenue
Status | Active |
---|---|
MLS # | OC24246086 |
Days on Market | 10 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 2023 |
Lot Size | 0.14 AC / 6,004 SF |
County | Los Angeles County |
Building Information for 18218 Mansel Avenue
Stories2Residences-Year Built2023Building Size-Lot Size0.14 AC / 6,004 SF
Property Information for 18218 Mansel Avenue
Property History for 18218 Mansel Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 18218 Mansel Avenue
Taxable ValueLand$775,200Additions$193,800Total$969,000
Tax Record2024$11,138 ($928 / month)
Home Facts
Beds3Total Finished SqFt980 SqFtAbove Grade Finished SqFt980 SqFtStories1Lot Size6,004 SqFtStyleSingle Family ResidenceYear Built1907ZoningRERR-LMCountyLOS ANGELESAPN4083-005-008
Schools near 18218 Mansel Avenue
This home is within Torrance Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 7 to 12 |
Rating | School | Distance |
---|---|---|
Edison Elementary School PublicK to 5 | ||
Philip Magruder Middle School Public6 to 8 | ||
North High School Public9 to 12 | ||
Gene Drevno Community Day School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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