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49
Photos
18218 Mansel Ave, Redondo Beach, CA 90278
$2,199,800 Asking Price
$---/mo Est. Payment Get Prequalified »
3,300
sqft
Built in
2023
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,
Features & Amenities
Interior
- Laundry:
- Inside
Exterior
- Pool:
- None
- Parking:
- Parking spaces: 0
Construction
- General:
- 2
Location
- Originating MLS:
- CRMLS
- County:
- Los Angeles
Lot
- Zoning:
- 4083005008
Utilities
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- CRMLS
This listing courtesy of:
Pellego, Inc., Danny Mayari
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Redondo Beach, CA
Housing
- Number of Units
- 33,422
- Median Home Value
- $995,085
- Median Rent
- $1,959
47.10% of housing units are renter occupied.
5.13% are vacant.
Commute
- Car
-
57.15%
- Public Transportation
-
0.57%
- Walk to Work
-
1.04%
- Work from Home
-
39.49%
- Other
-
0.94%
The median travel time to work is 20 minutes.
People
- Population
- 77,816
- Median Age
- 40.60
- Median Household Size
- 2.60
Education
- High School
-
10.25%
- Associate’s Degree
-
8.30%
- Bachelor’s Degree
-
38.33%
- Graduate Degree
-
23.72%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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