12 days on rocket

18218 Mansel Ave, Redondo Beach, CA, 90278

$2,195,000

Home List Price

$10,000*

Closing Credit

6 Bedrooms
6 Baths
3,350 SqFt
$655/SqFt
House
Schools Nearby

Location

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18218 Mansel Ave, Redondo Beach$2,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Driveway, Garage, Pull-through, Shared Driveway, Side By Side, Tandem
Year Built1907
HeatingCentral, Wall Furnace
CoolingCentral Air, Electric
FireplaceNone
ViewNone
MLS #24382721
Lot Size0.14 Acres
StatusActive

About 18218 Mansel Ave

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

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1907
  • Stories: 1
  • Living Area: 3,350 SqFt

Listing Office:

  • Office Name: Keller Williams Hollywood Hills
  • Office Phone: (310) 623-1300
  • Listing Agent: Mark Gallandt

Interior Features

Interior Information:

  • Appliances: Electric Cooktop, Gas Range
  • Flooring Type: Laminate
  • Interior: Open Floorplan, Recessed Lighting
  • Fireplace: None

Bedroom and Bathroom Information:

  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: Assigned, Driveway, Garage, Pull-through, Shared Driveway, Side By Side, Tandem

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Wall Furnace
  • Cooling: Central Air, Electric

School Info

Assigned Schools Information:

  • North High School, Public District Grades 9-12
  • Philip Magruder Middle School, Public District Grades 6-8
  • Edison Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Redondo Beach El Nido Neighborhood

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,195,000
  • Price Per SqFt: $655/SqFt

Tax Information:

  • Annual Amount: $3,914
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Redondo Beach, CA.

Med. Sold Price

$1.4M

Med. Price/SqFt

$818

Avg. Days On Market

24

# of Sold Homes

62

18218 Mansel Ave vs Redondo Beach

12 DAYS ON ROCKET

-12 Days

$2,195,000

+$745K More

$655/SqFt

-$164 Less

KEY TAKEAWAY

This property is $745K more than the Median Sold Price and $164/SqFt less than other homes in Redondo Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24382721

Listing Office:

  • Office Name: Keller Williams Hollywood Hills
  • Office Phone: (310) 623-1300
  • Listing Agent: Mark Gallandt

IDX Based on information from California Regional Multiple Listing Service, Inc. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 9:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 01, 1998Home Sold
$218,000
Nov 19, 1997Home Sold
$124,909

Tax History

YEARPROP. TAXASSESSMENT
2021$3,914$315,712
2020$3,803$312,476
2019$3,654$306,350
2018$3,578$300,344
2017$3,578$294,456

History based on county public records data.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,647

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6688438
7
/10
  • Edison Elementary School

  • 3800 W 182nd St

  • 0.88 miles

  • Public District Grades KG-5

Middle School

school-card-donut-6688439
7
/10
  • Philip Magruder Middle School

  • 4100 W 185th St

  • 0.57 miles

  • Public District Grades 6-8

High School

school-card-donut-6688440
8
/10
  • North High School

  • 3620 W 182nd St

  • 1.10 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,929. The majority of Redondo Beach, CA residents have income between $35k-100k annually. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 18218 Mansel Ave

What is the listing price of this property?

The listing price of 18218 Mansel Ave property is $2,195,000.

What type of property is this?

The property 18218 Mansel Ave is a house located in Redondo Beach, California, 90278.

Is this property for sale now?

Active Listing: 18218 Mansel Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 18218 Mansel Ave are:
Edison Elementary School: GreatSchools Rating 7/10
Philip Magruder Middle School: GreatSchools Rating 7/10
North High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,914 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 1, 1998 for $218,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 18218 Mansel Ave has 6 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 18218 Mansel Ave is 3,350 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 18218 Mansel Ave is 1907.

Rocket HomesCaliforniaLos Angeles CountyRedondo Beach9027818218 Mansel Ave

This home is located at 18218 Mansel Ave in Redondo Beach, CA and zip code 90278 in the N. Torrance - West neighborhood. This 3,350 square foot home, which was built in 1907, sits on a 0.14 acre lot. Features: 6 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $2,195,000.

In April 2024 more than 26 listings in Redondo Beach, CA were sold above the asking price. During the same period more than 9 listings were sold at asking price, while more than 27 were sold below. Between March 2024 and April 2024, Redondo Beach, CA real estate market has seen increase in the number of listings by 9.3%. In April 2024 median list price was $1,450,000 and the average listing age was 24 days.

From Rocket Homes Real Estate and based on county public records data.

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