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Sold for $1,930,000
  • Listed by: Estate Properties • Martha "Mimi" Alonso • Contact: 310-901-8670
    Bought with: Compass
    $1,930,000

    531 Esplanade APT 505, Redondo Beach, CA 90277

    2beds
    1,246sqft
    Condominium
    Built in 1974
    -- sqft lot
    $1,857,500 Zestimate®
    $1,549/sqft
    $5,874 Estimated rent

    Home value

    $1,857,500

    $1.75M - $1.99M

    $5,874/mo

    Zestimate® history
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    What's special

    Welcome to coastal living at its finest! This stunning luxury residence has undergone a complete transformation, offering you the perfect blend of modern elegance and coastal charm. With breathtaking ocean views and a prime location, this meticulously remodeled gem is a true treasure. Spacious open concept design seamlessly connects the living, dining and kitchen areas with a generous outdoor space for entertaining. Prepare your favorite meals while enjoying panoramic ocean vistas in the gourmet kitchen featuring stainless steel appliances, sleek quartz countertops, a wine fridge and beautiful custom cabinetry. Unwind on your sofa next to the LED Fireplace while watching sailboats until sunset. Both levels have floor to ceiling sliders connecting indoor and outdoor spaces inviting the refreshing ocean breeze and natural light to embrace the interior. The top level primary retreat offers tranquility a 2nd LED fireplace, another outdoor patio and spectacular ocean views. The gorgeous bathroom boasts a spa-like atmosphere with luxurious finishes, a massive jet tub and spacious walk-in shower. Guest bedroom with nicely appointed bath are also on this level along with the convenience of a stackable washer/dryer. Two car parking in garage provides secure parking and storage for your coastal adventures. Ocean Plaza is a gated community with amenities that include direct access from the garage down to the beach and bike path, an outdoor swimming pool, spa, sauna, exercise gym, clubhouse and a party/event room. South Redondo renowned beaches, charming shops, and gourmet dining options are just a stroll away. In this luxurious condo, every day feels like a vacation. Don't miss this opportunity to embrace the elevated coastal lifestyle you have been waiting for.

    Zillow last checked:

    Listing updated:

    Listed by:

    Martha "Mimi" Alonso DRE #01313095 310901-8670,

    Estate Properties

    Bought with:

    John Bathurst, DRE #01977487

    Compass

    Source: CRMLS,MLS#: SB23198837MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Laundry, Living Room, Primary Bathroom, Primary Bedroom
    Primary bedroom
    • Features: Primary Suite
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Jetted Tub, Low Flow Plumbing Fixtures, Linen Closet, Quartz Counters, Separate Shower, Tub Shower, Walk-In Shower
    Kitchen
    • Features: Kitchen Island, Pots & Pan Drawers, Quartz Counters, Self-closing Cabinet Doors, Self-closing Drawers
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Electric Range, Disposal, Microwave, Refrigerator, Range Hood, Water Heater, Dryer, Washer
    • Laundry: Laundry Closet, Stacked
    Features
    • Breakfast Bar, Built-in Features, Crown Molding, All Bedrooms Up, Primary Suite
    • Flooring: Tile
    • Windows: Screens
    • Has fireplace: Yes
    • Fireplace features: Electric, Living Room, Primary Bedroom
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,246 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Controlled Entrance, Covered, Underground, Garage, Community Structure, Tandem
    • Garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: elevator
    • Patio & porch: Deck, Patio
    • Pool features: Community, Heated, In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Community, In Ground
    • Has view: Yes
    • View description: City Lights, Coastline, Park/Greenbelt, Marina, Mountain(s), Neighborhood, Ocean
    • Has water view: Yes
    • Water view: Coastline,Marina,Ocean
    • Waterfront features: Beach Access, Beach Front, Ocean Access, Ocean Front
    Lot
    • Size: 0.55 Acres
    • Features: Near Park
    Details
    • Parcel number: 7508027035
    • Zoning: RBMDR*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete
    • Roof: Flat
    Condition
    • Building Permit,Updated/Remodeled,Turnkey
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Sewer Tap Paid
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Features: Biking, Curbs, Storm Drain(s), Street Lights, Sidewalks, Water Sports, Gated, Marina, Park, Pool
    • Security: Fire Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Fitness Center, Maintenance Grounds, Insurance, Meeting Room, Pool, Pet Restrictions, Pets Allowed, Sauna, Spa/Hot Tub, Trash, Cable TV, Water
    • Services included: Earthquake Insurance, Sewer
    • HOA fee: $665 monthly
    • HOA name: 531 Esplanade
    • HOA phone: 310-878-8789
    • Second HOA fee: $495 annually
    Location
    • Region: Redondo Beach

    Financial & listing details

    • Price per square foot: $1,549/sqft
    • Tax assessed value: $1,968,600
    • Annual tax amount: $22,473
    • Date on market: 11/1/2023
    • Cumulative days on market: 51 days
    • Listing terms: Cash,Conventional,1031 Exchange

    Price history

    DateEventPrice
    1/16/2024Sold$1,930,000+2.9%$1,549/sqft
    Source: CRMLS #SB23198837 Report a problem
    1/1/2024Pending sale$1,875,000$1,505/sqft
    Source: CRMLS #SB23198837 Report a problem
    12/24/2023Contingent$1,875,000$1,505/sqft
    Source: CRMLS #SB23198837 Report a problem
    11/22/2023Price change$1,875,000-1.3%$1,505/sqft
    Source: CRMLS #SB23198837 Report a problem
    11/2/2023Listed for sale$1,900,000+184.4%$1,525/sqft
    Source: CRMLS #SB23198837 Report a problem
    2/20/2018Listing removed$4,200$3/sqft
    Source: RE/MAX Estate Properties #SB17253050 Report a problem
    11/10/2017Listed for rent$4,200+10.5%$3/sqft
    Source: Re/Max Estate Properties #SB17253050 Report a problem
    3/30/2016Listing removed$3,800$3/sqft
    Source: Re/Max Estate Properties #SB16027941 Report a problem
    3/1/2016Price change$3,800-5%$3/sqft
    Source: Re/Max Estate Properties #SB16027941 Report a problem
    2/11/2016Listed for rent$4,000+5.3%$3/sqft
    Source: Re/Max Estate Properties #SB16027941 Report a problem
    8/15/2015Listing removed$3,800$3/sqft
    Source: Re/Max Estate Properties #SB15166803 Report a problem
    7/31/2015Listed for rent$3,800+8.6%$3/sqft
    Source: Re/Max Estate Properties #SB15166803 Report a problem
    6/29/2014Listing removed$3,500$3/sqft
    Source: Shorewood REALTORS #SB14114908 Report a problem
    6/4/2014Listed for rent$3,500-7.9%$3/sqft
    Source: Shorewood REALTORS #SB14114908 Report a problem
    4/2/2013Listing removed$3,800$3/sqft
    Source: Beach City Property Services Report a problem
    2/13/2013Price change$3,800+2.7%$3/sqft
    Source: Beach City Property Services Report a problem
    1/18/2013Price change$3,700-2.6%$3/sqft
    Source: Beach City Property Services Report a problem
    10/17/2012Listed for rent$3,800$3/sqft
    Source: Beach City Property Services Report a problem
    8/21/2012Sold$668,000$536/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$22,473 +144.4%$1,968,600 +144.1%
    2024$9,196 +1.9%$806,455 +2%
    2023$9,029 +1.3%$790,643 +2%
    2022$8,910 +1.9%$775,141 +2%
    2021$8,740 -0.1%$759,943 +1%
    2020$8,752 $752,152 +2%
    2019$8,752 +4.4%$737,405 +2%
    2018$8,387 $722,947 +2%
    2017$8,387 +1.5%$708,772 +2%
    2016$8,260 +1.6%$694,875 +1.5%
    2015$8,128 +3.2%$684,439 +2%
    2014$7,873 $671,032 +64.9%
    2012-- $406,868 +2%
    2011-- $398,891 +0.8%
    2010-- $395,910 -0.2%
    2009-- $396,852 +2%
    2008-- $389,072 +2%
    2007-- $381,444 +2%
    2006-- $373,966
    2005-- $373,966 +4%
    2004-- $359,446 +1.9%
    2003-- $352,859 +2%
    2002-- $345,941 +4%
    2000-- $332,509
    Find assessor info on the county website

    Neighborhood: 90277

    Nearby schools

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    Estimated market value
    $1,857,500
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    Estimated market value
    $1,857,500