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
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Redondo Beach, CA.
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
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
DATE
EVENT
PRICE
Jul 01, 1998
Jul 01, 1998Home Sold
$218,000
Nov 19, 1997
Nov 19, 1997Home Sold
$124,909
Tax History
YEAR
PROP. TAX
ASSESSMENT
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.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$11K
Per Month
Principal & Interest
$10.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$6,647
Powered By
Advertisement
NMLS#3030
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
7
/10
Edison Elementary School
3800 W 182nd St
Distance between this listing and this school0.88 miles
Public District Grades KG-5
Middle School
7
/10
Philip Magruder Middle School
4100 W 185th St
Distance between this listing and this school0.57 miles
Public District Grades 6-8
High School
8
/10
North High School
3620 W 182nd St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Assigned Schools
7
/10
Edison Elementary School
3800 W 182nd St
Distance between this listing and this school0.88 miles
Public District Grades KG-5
Nearby Schools
9
/10
Washington Elementary School
1100 Lilienthal Ln
Distance between this listing and this school0.52 miles
Public District Grades KG-5
5
/10
William Green Elementary School
4520 W 168th St
Distance between this listing and this school0.87 miles
Public District Grades KG-5
Assigned Schools
7
/10
Philip Magruder Middle School
4100 W 185th St
Distance between this listing and this school0.57 miles
Public District Grades 6-8
Nearby Schools
8
/10
Adams Middle School
2600 Ripley Ave
Distance between this listing and this school0.51 miles
Public District Grades 6-8
8
/10
Bert M. Lynn Middle School
5038 Halison St
Distance between this listing and this school1.09 miles
Public District Grades 6-8
Assigned Schools
8
/10
North High School
3620 W 182nd St
Distance between this listing and this school1.10 miles
Public District Grades 9-12
Nearby Schools
6
/10
Environmental Charter High School
16315 Grevillea Ave
Distance between this listing and this school1.21 miles
Public Charter Grades 9-12
9
/10
West High School
20401 Victor St
Distance between this listing and this school1.48 miles
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 7/10Philip Magruder Middle School: GreatSchools Rating 7/10North 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.
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.