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Sold for $3,200,000
  • Listed by: Excel Funding Real Estate Services, Inc. • Fran Baldwin • Contact: 310-784-2828
    Bought with: Christie's International Real Estate SoCal
    $3,200,000

    531 Esplanade APT 916, Redondo Beach, CA 90277

    2beds
    1,627sqft
    Condominium
    Built in 1974
    -- sqft lot
    $3,273,300 Zestimate®
    $1,967/sqft
    $6,316 Estimated rent

    Home value

    $3,273,300

    $2.98M - $3.60M

    $6,316/mo

    Zestimate® history
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    What's special

    Refreshing poolWell-equipped gymStorage lockerDiverse culinary sceneIconic redondo beach pierSouth redondo beach
    Discover the epitome of coastal living in this luxurious 2-bedroom 3-bath penthouse, poised to offer you unparalleled vistas of the majestic Pacific Ocean. Nestled in the heart of South Redondo Beach, this residence ensures you're just moments away from the ocean's beauty, a diverse culinary scene, and the iconic Redondo Beach Pier. Elevating your lifestyle to new heights, this penthouse is situated in the tallest building in South Redondo Beach and boasts one of the most expansive floor plans within Ocean Plaza. Every room in this condo is thoughtfully designed to frame the Pacific Ocean as your ever-changing backdrop, creating an atmosphere of perpetual coastal charm. The primary suite on the upper level is a true retreat, with access to the rooftop and a spa-like bathroom that invites relaxation and indulgence. Ocean Plaza offers not only controlled access for your peace of mind but also provides two side by side parking spaces (#27 and 32), additional storage locker located adjacent to the elevators on parking level G3, a well-equipped gym, a refreshing pool, and seamless access from the garage to the beach and the adjacent bike path. This exclusive and sophisticated unit invites you to call it home. Elevate your lifestyle by making this classy penthouse your new address and immerse yourself in the allure of coastal living.

    Zillow last checked:

    Listing updated:

    Listed by:

    Fran Baldwin DRE #01194971 310-245-5626,

    Excel Funding Real Estate Services, Inc.

    Bought with:

    Dominic Kennedy, DRE #02083855

    Christie's International Real Estate SoCal

    Source: CRMLS,MLS#: SB23202672MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • 3/4 bathrooms: 2
    • 1/2 bathrooms: 1
    • Main level bathrooms: 1
    Rooms
    • Room types: Bedroom, Entry/Foyer
    Bedroom
    • Features: All Bedrooms Up
    Heating
    • Central
    Cooling
    • None
    Appliances
    • Included: Electric Oven, Electric Range, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • All Bedrooms Up
    • Flooring: Carpet
    • Has fireplace: Yes
    • Fireplace features: Living Room
    • Common walls with other units/homes: 1 Common Wall,End Unit,No One Above
    Interior area
    • Total interior livable area: 1,627 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Assigned, Controlled Entrance, Direct Access, Garage, Community Structure, Garage Faces Side
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Patio & porch: Rooftop
    • Pool features: Community, Association
    • Has view: Yes
    • View description: Coastline, Ocean, Panoramic
    • Has water view: Yes
    • Water view: Coastline,Ocean
    • Waterfront features: Ocean Front
    Lot
    • Size: 0.55 Acres
    Details
    • Parcel number: 7508027073
    • Zoning: RBMDR*
    • Special conditions: Standard

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Storm Drain(s), Street Lights, Sidewalks, Pool
    HOA
    • Has HOA: Yes
    • Amenities included: Pool
    • HOA fee: $695 monthly
    • HOA name: Common Interest Services Inc.
    • HOA phone: 310-878-8789
    Location
    • Region: Redondo Beach

    Financial & listing details

    • Price per square foot: $1,967/sqft
    • Tax assessed value: $3,264,000
    • Annual tax amount: $37,046
    • Date on market: 11/3/2023
    • Cumulative days on market: 104 days
    • Listing terms: Conventional,Contract

    Price history

    DateEventPrice
    3/19/2024Sold$3,200,000-1.5%$1,967/sqft
    Source: CRMLS #SB23202672 Report a problem
    3/18/2024Pending sale$3,250,000$1,998/sqft
    Source: CRMLS #SB23202672 Report a problem
    2/16/2024Contingent$3,250,000$1,998/sqft
    Source: CRMLS #SB23202672 Report a problem
    1/30/2024Price change$3,250,000-7.1%$1,998/sqft
    Source: CRMLS #SB23202672 Report a problem
    11/3/2023Listed for sale$3,500,000$2,151/sqft
    Source: CRMLS #SB23202672 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$37,046 +101.1%$3,264,000 +98.4%
    2024$18,418 0%$1,645,000
    2023$18,427 +10.1%$1,645,000 +11%
    2022$16,736 +5.6%$1,482,000 +5.5%
    2021$15,846 -1.1%$1,405,000
    2020$16,030 $1,405,000
    2019$16,030 +0.5%$1,405,000
    2018$15,956 $1,405,000
    2017$15,956 +0.1%$1,405,000
    2016$15,939 -0.4%$1,405,000 +5%
    2015$16,000 +4.8%$1,338,000
    2014$15,267 $1,338,000 +16.3%
    2012-- $1,150,000 -7.8%
    2011-- $1,247,000 +49.2%
    2010-- $835,700 -46.2%
    2009-- $1,552,200 -6.2%
    2008-- $1,654,700 -6.4%
    2007-- $1,768,680 +2%
    2006-- $1,734,000
    2005-- $1,734,000 +549.6%
    2004-- $266,947 +1.9%
    2003-- $262,056 +2%
    2002-- $256,919 +4%
    2000-- $246,945
    Find assessor info on the county website

    Neighborhood: 90277

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,273,300
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,273,300