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Sold for $1,340,000
  • Listed by: Beach City Brokers • Jonathan Coleman • Contact: 310-546-3441
    Bought with: Compass
    $1,340,000

    531 Esplanade APT 708, Redondo Beach, CA 90277

    2beds
    1,246sqft
    Condominium
    Built in 1974
    -- sqft lot
    $1,381,400 Zestimate®
    $1,075/sqft
    $5,874 Estimated rent

    Home value

    $1,381,400

    $1.28M - $1.49M

    $5,874/mo

    Zestimate® history
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    What's special

    This Unit Originally was a Two Bedroom, which was converted to a Large One Bedroom with Two Bathrooms and Two Closets Offering Separate Areas. The Wall could be put back up to turn it back into the Original Two Bedrooms. This Oceanfront, Panoramic View, Condominium is located in The Tallest Building On The South Redondo Oceanfront. There are Panoramic Whitewater Views of The Ocean and Coastline all the way to Palos Verdes and Catalina. There are Full Walls of Sliding Windows on Both Levels from the Living Room and the Master Bedroom which Opens to Large Balcony/Decks with Stunning Views and Ocean Breezes. The Spacious Living Room is Flooded with Light and can Accomodate a Large Living Room Suite And Dining Table Adjacent to the Kitchen. There is also a Guest Bathroom off of The Living Room. The Ocean Plaza Development is a Highly Secure Building Located Near The Pier, The International Boardwalk, The Harbor, The Breakwater, The Bike Path and The Beach. There are Many Fine Restaurants, Entertainment Venues and Shopping Just Steps Away. Ocean Plaza has Many Amenities including Direct Beach Access from The Garage, an Outdoor Pool, Spa with a Large Pano Ocean View Deck and a Roof Top Gym. There is also a Party/Event Room with a Pool Table, Bath Rooms and Kitchen Facilites. There is Secure Subterranean Parking with Two Parking Spaces for The unit and Stroage. Enjoy the Vacation Like Setting and Coastal Lifestyle Every Day At The Beach...

    Zillow last checked:

    Listing updated:

    Listed by:

    Jonathan Coleman DRE #00808758 310-991-0929,

    Beach City Brokers

    Bought with:

    Jesse Dougherty, DRE #01949609

    Compass

    Allison Kosik, DRE #02150962

    Compass

    Source: CRMLS,MLS#: SB24082834MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 2
    • Main level bedrooms: 2
    Rooms
    • Room types: Bedroom
    Bedroom
    • Features: All Bedrooms Up
    Bathroom
    • Features: Bathtub, Closet, Linen Closet, Tub Shower, Vanity
    Heating
    • Electric
    Cooling
    • None
    Appliances
    • Included: Dishwasher, Electric Oven, Electric Range, Disposal, Trash Compactor
    • Laundry: Common Area
    Features
    • Balcony, Living Room Deck Attached, Open Floorplan, All Bedrooms Up
    • Flooring: Carpet, Laminate
    • Has fireplace: No
    • Fireplace features: None
    • 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, Underground, Garage, Tandem
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Elevator 7th Floor
    • Patio & porch: Deck, See Remarks
    • Pool features: In Ground, Association
    • Has spa: Yes
    • Spa features: Association, Community, In Ground
    • Has view: Yes
    • View description: Catalina, Coastline, Ocean, Panoramic, Water
    • Has water view: Yes
    • Water view: Coastline,Ocean,Water
    • Waterfront features: Beach Access, Beach Front, Ocean Access, Ocean Front
    Lot
    • Size: 0.55 Acres
    Details
    • Parcel number: 7508027061
    • Zoning: RBMDR*
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Contemporary
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Unknown
    Condition
    • Turnkey
    • New construction: No
    • Year built: 1974

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Street Lights, Suburban
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Amenities included: Pool, Recreation Room
    • HOA fee: $695 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: $1,075/sqft
    • Tax assessed value: $721,624
    • Annual tax amount: $8,475
    • Date on market: 5/4/2024
    • Cumulative days on market: 64 days
    • Listing terms: Trust Conveyance
    • Exclusions: Tenant Owned Property
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/24/2024Sold$1,340,000-16%$1,075/sqft
    Source: CRMLS #SB24082834 Report a problem
    7/23/2024Pending sale$1,595,000$1,280/sqft
    Source: CRMLS #SB24082834 Report a problem
    7/8/2024Contingent$1,595,000$1,280/sqft
    Source: CRMLS #SB24082834 Report a problem
    6/20/2024Price change$1,595,000-5.9%$1,280/sqft
    Source: CRMLS #SB24082834 Report a problem
    5/29/2024Price change$1,695,000-5.6%$1,360/sqft
    Source: CRMLS #SB24082834 Report a problem
    5/4/2024Listed for sale$1,795,000$1,441/sqft
    Source: CRMLS #SB24082834 Report a problem
    6/15/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    5/8/2021Price change$3,750-6.1%$3/sqft
    Source: Zillow Rental Network Premium Report a problem
    3/12/2021Listed for rent$3,995$3/sqft
    Source: Zillow Rental Network Premium Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,475 +119.8%$721,624 +126.5%
    2024$3,856 +2%$318,588 +2%
    2023$3,782 +1.3%$312,342 +2%
    2022$3,735 +1.2%$306,218 +2%
    2021$3,691 -0.1%$300,214 +1%
    2020$3,695 $297,137 +2%
    2019$3,695 +4.2%$291,312 +2%
    2018$3,547 $285,601 +2%
    2017$3,547 +1.5%$280,002 +2%
    2016$3,496 +1.9%$274,512 +1.5%
    2015$3,432 +2.9%$270,389 +2%
    2014$3,336 $265,093 +2.5%
    2012-- $258,723 +2%
    2011-- $253,651 +0.8%
    2010-- $251,756 -0.2%
    2009-- $252,355 +2%
    2008-- $247,407 +2%
    2007-- $242,557 +2%
    2006-- $237,802
    2005-- $237,802 +4%
    2004-- $228,570 +1.9%
    2003-- $224,382 +2%
    2002-- $219,984 +4%
    2000-- $211,444
    Find assessor info on the county website

    Neighborhood: 90277

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,381,400
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    Estimated market value
    $1,381,400