18218 Mansel Avenue Redondo Beach, CA 90278
6
Beds
6 full, 2 half
Baths
3,350
Sqft
6,004
Sqft lot
0.14
Acre lot
$2,195,000
Est.$7,807 / mo.*
Status:
Active
Property Type:
Single Family Residence
Year Built:
1907
Days on Website:
16
Listing courtesy of Mark Gallandt (CalBRE#01913813), Keller Williams Hollywood Hills {attribution_contact}
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 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. 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 longProperty Details and Features
Appliances & Equipment
- Gas Range
- Electric Cooktop
Bathrooms
- 8 total bathrooms
- 6 full bathrooms
- 2 half bathrooms
Bedrooms
- 6 bedrooms
Building
- 3350.00 living sqft
- Common walls: No Common Walls
- Patio
- Patio and porch features: Concrete
- Construction materials: Stucco
- Architectural style: Contemporary
- Levels: Multi/Split,One,Two
- 2 stories
- Entry level: 1
- Built in 1907
- Entry location: Ground Level w/steps
Cooling
- Central Air
- Electric
Floors
- Laminate
Foundation
- Raised
Heating
- Wall Furnace
- Central
Interior Features
- Recessed Lighting
- Open Floorplan
Laundry
- In Kitchen
- Inside
Listing
- Listing ID: 24384815
- 655.22 per sqft
- 19 days on market
Location
- MLS area: 132 - N Torrance - West
- County: Los Angeles
Lot
- 0.1378 acres
- 6,004 sqft
- Dimensions: 40x150
Parking
- 6 spaces
- 6 uncovered spaces
- Pull-through
- Assigned
- Side by Side
- Shared Driveway
- Tandem Garage
- Driveway
Property
- Updated/Remodeled
- Zoning: RERR-LM
Sewer
- Other
Windows
- Double Pane Windows