01
Live upstairs. Rent the lower living area.
$3,500/mo.Enjoy the larger upper residence while the separate lower living area provides privacy and meaningful monthly income.
Property overview ↗1633 Van Horne Lane · Redondo Beach
A home that can help pay for itself.
Explore three ways the home’s two distinct living areas may help offset the cost of ownership.
$9,000Illustrative combined monthly rent
01
The opportunity
A more flexible path to ownership
Choose your space. Let the other help carry the home.
The upper and lower living areas give an owner-occupant choices that a typical single-family home cannot. Live in the space that works for you, generate income from the other, or consider leasing both in the future.
02
Three paths
Use the home your way
One property. Three income strategies.
02
Live downstairs. Rent the upper residence.
$5,500/mo.Use the lower two-bedroom residence as your home base and lease the larger upper residence to offset more of the monthly housing expense.
03
Lease both living areas.
$9,000/mo.For buyers evaluating a future investment strategy, the two updated living areas create an estimated combined-rent scenario with multiple income streams.
03
Illustrative financing
Offered at $1,850,000
See the potential monthly picture.
Each example uses a 30-year fixed loan at an illustrative 6.75% interest rate, estimated property taxes of 1.20% annually, and $300 monthly homeowners insurance.
Down paymentCash downLoan amountEst. housing paymentAfter $9,000 rent
5%$92,500$1,757,500$13,550/mo.$4,550/mo.
10%$185,000$1,665,000$12,950/mo.$3,950/mo.
20%$370,000$1,480,000$11,750/mo.$2,750/mo.
If the lower residence rents for$3,500/mo.
Subtract $3,500 from the estimated monthly housing payment.
If the upper residence rents for$5,500/mo.
Subtract $5,500 from the estimated monthly housing payment.
If both residences rent for$9,000/mo.
Subtract $9,000 from the estimated monthly housing payment.
Important: Figures are examples only, rounded to the nearest $50, and are not a loan estimate or offer to lend. Payments exclude mortgage insurance, lender fees, closing costs, utilities, maintenance, repairs, vacancy, management, and other ownership expenses. Loan programs, rates, taxes, insurance, qualification rules, and the use of projected rent vary by buyer and lender—especially below 20% down. Consult a licensed lender for a personalized scenario.
04
Why consider it
The owner-occupant advantage
More options today. More flexibility tomorrow.
Offset the cost of ownership
Rental income may reduce the portion of the monthly housing expense paid from your own income.
Preserve flexibility
Choose which residence fits your life today, then adapt the arrangement as family, work, or financial goals change.
Privacy within one property
Distinct living areas and separate access can create more independence than a conventional roommate arrangement.
Build equity while you live here
An owner-occupant strategy can pair the benefits of homeownership with income from otherwise separate space.
A multigenerational option
Keep family close while allowing each household its own kitchen, living space, bedrooms, bathroom, and outdoor access.
A coastal location renters value
Golden Hills offers proximity to the beach, neighborhood amenities, employment centers, and the South Bay lifestyle.
Financing contact
Build a personalized purchase and rental-income scenario.
For questions about financing 1633 Van Horne, conventional 30-year fixed options, down-payment strategies, or the treatment of potential rental income, contact Brent Spurlin at Mortgage Partners of America, Inc.
Available resources
- Property Explorer Valuation Report
- Solutions Platform
- Pricing scenarios with 20% and 35% down