18218 Mansel Avenue, Redondo Beach, CA 90278 (MLS # 24384815)
Twitter
Facebook
Email
|
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, the best part for your future income 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
| DAYS ON MARKET | 26 | LAST UPDATED | 5/13/2024 |
|---|---|---|---|
| YEAR BUILT | 1907 | COMMUNITY | N Torrance - West |
| COUNTY | Los Angeles | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Cooktop, Gas Range |
| AREA | N Torrance - West |
| BUYER'S BROKERAGE COMPENSATION | |
| CONSTRUCTION | Stucco |
| GARAGE | Assigned, Driveway, Garage, Pull-through, Shared Driveway, Side by Side, Tandem, Yes |
| HEAT | Central, Wall Furnace |
| INTERIOR | Open Floorplan, Recessed Lighting, Walk-In Closet(s) |
| LOT | 6004 sq ft |
| LOT DIMENSIONS | 40x150 |
| PARKING | Assigned,Driveway,Garage,Pull-through,Shared Driveway,Side By Side,Tandem |
| POOL DESCRIPTION | None |
| SEWER | Other |
| STORIES | 1 |
| STYLE | Contemporary |
| VIEW DESCRIPTION | None |
| ZONING | RERR-LM |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
| / | |
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 5/17/24 12:06 PM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2024.
Get your Instant Home Value…
Contact Sara
