18218 Mansel Avenue

Redondo Beach, CA 90278
$1,999,900
0.14 acres | #OC24183539
Courtesy of HomeSmart, Evergreen Realty
For Sale

Description

Discover this exceptional turnkey, income-generating triplex located in the desirable El Nido neighborhood of East Redondo Beach. This 3,350 sq. ft. property features two newly constructed homes at the rear and an updated front house, offering a fantastic opportunity for investors or landlords seeking minimal maintenance and steady cash flow. The two rear homes boast identical layouts with modern high-end amenities, including contemporary kitchens, 2-bedrooms, 2.1 baths, in-unit washers & dryers, high-end appliances, and 100% paid energy-efficient solar panels. The front house originally built in 1907 is a 2-bedroom, 2-bath detached residence that has been thoughtfully upgraded with fresh interior paint, refinished exterior stucco, dual pane vinyl windows and wide plank engineered wood style flooring with interior laundry area / powder room, adding to the overall market appeal for tenants. With off-street parking and a spacious shared outdoor area with low maintenance, this property is highly attractive to renters. Conveniently located near grocery stores, restaurants, shopping at South Bay Galleria, and just a short drive to freeway access, Redondo Beach, and the Pacific Ocean,this property combines comfort, convenience, and coastal living. The current rents are near market value, ensuring a strong cap rate and a solid investment for the future.
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  • Interior Details
    • Interior Features
      • Interior:RecessedLighting
  • Property Details
    • Property
      • Stories:2
      • Lot description:Item25UnitsAcre
    • Measurements
      • Acres:0.1378
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1907
    • Material information
      • Foundation:Raised, Slab
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility source:Public
      • Utility features:ElectricityConnected, NaturalGasConnected, SewerConnected, UndergroundUtilities, WaterConnected
  • Community and Neighborhood Details
    • Location
      • County:Los Angeles
  • Financial Details
    • Pricing Details
      • Original List Price:$1, 999, 900
  • Other
    • Source
      • MLS #:OC24183539

Location

Legal

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 the most recent time synced 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

Last Updated: . Source: CRMLS

Listing Courtesy
Listing Agent: Donald Mosich
Listing Office: HomeSmart, Evergreen Realty

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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    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 the most recent time synced 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