18218 Mansel Ave, Redondo Beach, California 90278, Redondo Beach, 90278 - 6 bed, 9 bath

18218 Mansel Ave, Redondo Beach, California 90278 home-pic-0
ACTIVE$2,198,888
18218 Mansel Ave, Redondo Beach, California 90278
6Beds
9Baths
3,300Sqft
6,004Lot
Year Built
1955
Close
-
List price
$2.2M
Original List price
$220K
Price/Sqft
$666
HOA
-
Days on market
-
Sold On
-
MLS number
OC25149951
Home ConditionExcellent
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.20M(93th), sqft - 3300(71th), beds - 6(93th), baths - 9(93th).

Turn-Key Income Property in Prime East Redondo Beach Incredible investment opportunity in the sought-after El Nido neighborhood. This 3,200 sq ft property includes two brand-new construction homes (completed end of 2023) and a fully remodeled front house (renovated in 2023)—ideal for investors seeking strong rental income with minimal future maintenance. All units feature brand-new central heating and air systems. The two newly built rear homes offer mirror layouts with spacious, loft-style open floor plans, modern kitchens, premium appliances, solar panels, and stylish finishes throughout. Each unit includes a luxurious primary suite with dual-sink vanities, walk-in closets, and elegant secondary bedrooms with private full baths. The front home includes 2 bedrooms and 2 baths, fully renovated with wide-plank floors, new windows, and an airy, open-concept kitchen and living space. Western exposure brings in natural light, sea breezes, and striking sunset views. In-unit laundry and off-street parking complete the appeal. Additional highlights: • Permit ready to pull for adding a second floor to the front unit for additional income • Near market rents with strong cap rate • Low-maintenance, high-quality construction • Brand-new central HVAC in all units • Walkable to shopping, restaurants, and the South Bay Galleria • Minutes from Redondo Beach and freeway access Don’t miss this rare chance to own a beautifully built, high-performing asset in one of the South Bay’s most desirable neighborhoods.

Price History

Date
Event
Price
10/01/25
Price Change
$2,198,888
07/16/25
Listing
$219,888
07/18/22
Sold
$950,000
Condition Rating
Excellent

Despite the original 1955 build year, the property consists of two brand-new construction homes completed in late 2023 and a fully remodeled front house also renovated in 2023. This means all units are virtually new or extensively renovated within the last year. The images confirm modern kitchens with premium appliances, stylish cabinetry, and black granite countertops. Bathrooms feature contemporary vanities, dual sinks, and elegant finishes. All units boast new wide-plank flooring, recessed lighting, and brand-new central HVAC systems. The overall quality, modern aesthetics, and recent construction/renovation date align perfectly with the 'excellent' criteria, indicating no deferred maintenance and minimal physical depreciation.
Pros & Cons

Pros

Turn-Key Investment & New Construction: The property features two brand-new construction homes (completed end of 2023) and a fully remodeled front house (renovated in 2023), offering a low-maintenance, high-performing income opportunity.
Strong Income Potential: Marketed as an 'incredible investment opportunity' with 'strong rental income,' 'near market rents,' and a 'strong cap rate,' indicating excellent financial performance.
Modern Amenities & Features: All units boast brand-new central HVAC, solar panels (in new units), modern kitchens with premium appliances, and luxurious primary suites, appealing to high-quality tenants.
Prime Redondo Beach Location: Situated in the desirable El Nido neighborhood, offering walkability to shopping, restaurants, South Bay Galleria, and minutes from Redondo Beach and freeway access.
Future Expansion Potential: Permit-ready plans are available to add a second floor to the front unit, providing a clear path for additional income generation and increased property value.

Cons

Data Inconsistencies: Significant discrepancies exist in the provided data, including the high school district listed as 'Redwood City' for a Redondo Beach property, and future 'on_market_date' and 'modified_timestamp', which may raise concerns about listing accuracy.
Ambiguous View Information: The property description mentions 'striking sunset views' from the front unit, yet the 'view' field explicitly states 'None,' creating a potential contradiction that requires clarification.
Original Structure Age: While extensively updated, the front house's original construction year of 1955 might suggest older underlying infrastructure or potential for unforeseen issues compared to entirely new builds, despite recent renovations.

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