$1,100,000
$350K PRICE DROP

Estimated payment $6,062/month

Total Views 66,708
4 Beds
2 Baths
1,625 Sq Ft
$677 Price per Sq Ft

Highlights

  • No Units Above
  • No HOA
  • Family Room
  • Edison Elementary School Rated A-
  • Laundry Room
  • 5-minute walk to El Nido Park

About This Home

Reintroduced at $100,000 Less, this Versatile Duplex in Redondo Beach, 18505 Mansel Avenue, is a true duplex opportunity with two full residences, garage, and strong rental demand. The front unit is vacant and ready to rent immediately at market rate, while the back unit has steady tenants boosting overall income potential. With a Redondo Beach mailing address and central South Bay convenience, the property appeals to both investors and tenants alike. Shops, schools, and major freeways are nearby, ensuring strong long-term rental demand. At its new price, Mansel Avenue offers investors an affordable entry into a desirable rental market with built-in upside.

Listing Agent

Christine Dicarlo

Remeo Realty Corp Brokerage Phone: 949-433-4372 License #01290192 Listed on: 06/12/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 6,006 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 8 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 30 / C
  • Assessor Parcel Number 4083006011
  • $484 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,790
  • Insurance Expense $783
  • Maintenance Expense $418
  • Other Expense $1,365
  • Professional Management Expense $2,832
  • Trash Expense $869
  • Water Sewer Expense $721
  • Operating Expense $8,778
  • Gross Income $58,536
  • Net Operating Income $49,758

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,384

Year Built

Built in 1960 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 550000
  • Professional Management Expense: 2832.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Water Sewer Expenses: 721.00
  • Zoning: TORR-LM
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1790.00
  • Parcel Number: 4083006011
  • Year Built: 1960
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 676.92
  • Room Type: All Bedrooms Down, Family Room, Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 869.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard
  • Lot Size Sq Ft: 6006.00
  • Lot Size Acres: 0.1379

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 58536.00
  • Gross Scheduled Income: 21336.00
  • Insurance Expense: 783.00
  • Lot Size Area: 6006.0000 Square Feet
  • Maintenance Expense: 418.00
  • Net Operating Income: 49758.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 8778.00
  • Other Expense: 1365.00
  • Other Expense Description: Taxes
  • Rent Control: No
  • Total Actual Rent: 2950.00
  • Total Expenses: 8778.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 6503.00
  • Tax Lot: 30
  • TaxOtherAnnualAssessmentAmount: 484.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,384 $82,556 $47,528 $35,028
2024 $1,384 $80,939 $46,597 $34,342
2023 $1,365 $79,353 $45,684 $33,669
2022 $1,348 $77,798 $44,789 $33,009
2021 $1,323 $76,273 $43,911 $32,362
2019 $1,290 $74,012 $42,609 $31,403
2018 $1,173 $72,562 $41,774 $30,788
2016 $1,105 $69,746 $40,152 $29,594
2015 $1,082 $68,699 $39,549 $29,150
2014 $1,073 $67,354 $38,775 $28,579
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $1,100,000 -8.3% $677 / Sq Ft
08/17/2025 08/17/25 Price Changed $1,200,000 -7.6% $738 / Sq Ft
04/16/2025 04/16/25 Price Changed $1,299,000 -5.5% $799 / Sq Ft
03/19/2025 03/19/25 For Sale $1,375,000 +5.8% $846 / Sq Ft
02/20/2025 02/20/25 Off Market $1,300,000 -- --
08/07/2024 08/07/24 Price Changed $1,300,000 -10.3% $800 / Sq Ft
06/12/2024 06/12/24 For Sale $1,450,000 -- $892 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24117105

California Regional Multiple Listing Service (CRMLS)

APN: 4083-006-011