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.
Off market
$2,109,100
18218 Mansel Ave, Redondo Beach, CA 90278
--beds
--baths
3,250sqft
Triplex
Built in 2023
-- sqft lot
$2,109,100 Zestimate®
$649/sqft
$3,182 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: July 16, 2025 at 05:49am
Source: CRMLS,MLS#: OC25145327
Originating MLS: California Regional MLS

Facts & features
Interior
Appliances
- Laundry: Washer Hookup
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 3,250
- Total interior livable area: 3,250 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 6,004 sqft
- Features: 0-1 Unit/Acre
Details
- Parcel number: 4083005008
- Zoning: RERR-LM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Biking, Dog Park
Location
- Region: Redondo Beach
Other
Other facts
- Listing terms: Cash to New Loan
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Estimated market value
$2,109,100