Section Image

Ocean Plaza

Ocean Plaza

Ocean Plaza
Condominium Building
531 Esplanade
Redondo Beach, CA 90277
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

80 Units
10 Stories
1974 Year Built
$829K - $2.6M Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Beach Front
  • Alta Vista Elementary School Rated A+
  • White Water Ocean Views
  • Property has ocean access
  • Fitness Center
  • 5 min walk to Veterans Park

Oceanfront living in the heart of South Redondo Beach

Ocean Plaza stands as a prominent fixture along the South Redondo Beach coastline, offering residents a coveted address with direct beach access. Completed in 1974, this 10-story condominium building houses 80 units, ranging from cozy one-bedrooms to spacious three-bedroom residences. Its location provides residents with panoramic views of the Pacific Ocean, from Palos Verdes to Catalina Island and beyond. The building's enduring presence on The Esplanade has made it a recognizable landmark in the area, combining the charm of coastal living with the convenience of urban amenities.

Versatile layouts with stunning ocean vistas

Ocean Plaza offers a diverse range of floor plans to suit various lifestyles. The building features one to three-bedroom layouts, with sizes spanning from 613 to 1,973 square feet. One-bedroom units, ranging from 613 to 1,246 square feet, provide an efficient use of space with one to one-and-a-half bathrooms. These units, priced around $980,000, often feature open-concept designs that maximize ocean views. Many have been updated with modern finishes such as luxury vinyl plank flooring and stainless steel appliances. Two-bedroom units offer more spacious living areas, ranging from 1,187 to 1,973 square feet with one-and-a-half to three-and-a-half bathrooms. These residences, priced between $1,340,000 and $3,200,000, typically include larger balconies and expanded living areas. Many two-bedroom units have been extensively renovated, boasting features like gourmet kitchens with quartz countertops, custom cabinetry, and wine refrigerators. The largest offerings are the three-bedroom units, approximately 1,600 square feet in size with two-and-a-half to three bathrooms. These premium residences, priced around $2,600,000, often occupy corner positions in the building, maximizing views and natural light. Throughout Ocean Plaza, floor-to-ceiling windows and sliding glass doors are common features, framing panoramic ocean views and flooding interiors with natural light. Many units have been updated with hardwood or tile flooring, modern lighting fixtures, and sleek bathrooms featuring frameless glass showers and soaking tubs. Some residences include fireplaces, adding a cozy touch to beachfront living. Kitchens in updated units often showcase high-end appliances from brands like Sub-Zero, Viking, and Bosch, complemented by custom cabinetry and stone countertops. In-unit laundry facilities are available in many of the larger residences, adding convenience to luxury living. The building's unique architecture allows for multi-level units in some floor plans, creating a townhouse-like feel within the condominium structure. These split-level designs often feature bedrooms on the upper floor, maximizing privacy and views.

Resort-inspired amenities with oceanfront allure

Ocean Plaza offers an array of amenities designed to enhance the beachfront living experience. The building's crown jewel is its outdoor pool and spa area, providing a refreshing retreat with panoramic ocean views. Adjacent to the pool, a spacious sun deck invites residents to relax and soak up the California sunshine. For fitness enthusiasts, the building houses a well-equipped gym featuring modern exercise equipment and stunning vistas of the Pacific. After a workout, residents can unwind in the sauna, promoting relaxation and wellness. The building's social spaces include a clubhouse and a game room, perfect for community gatherings or private events. A dedicated party/event room offers an ideal setting for larger celebrations, complete with kitchen facilities for easy entertaining. Security and convenience are prioritized at Ocean Plaza. The building features controlled access entry and a welcome lobby, ensuring residents' privacy and safety. A secured parking garage provides ample space for vehicles, with many units allocated two tandem parking spots. Additional storage lockers are available, offering extra space for beach gear and seasonal items. One of Ocean Plaza's most coveted amenities is its direct beach access. Residents can easily transition from their homes to the sand, making impromptu beach days a regular occurrence. For those who prefer to observe the ocean from afar, the building's rooftop deck provides breathtaking views of the coastline, city lights, and beyond. Practical amenities include on-site laundry facilities for units without in-unit washers and dryers. The building also offers basic cable and Wi-Fi service included in the HOA fees, streamlining residents' utility management. An on-site building manager ensures smooth day-to-day operations and addresses residents' needs promptly. Some units even include the luxury of weekly maid service, adding an extra layer of convenience to oceanfront living.

Coastal charm meets urban convenience in South Redondo Beach

Ocean Plaza's location in South Redondo Beach offers residents a perfect blend of beachside tranquility and urban accessibility. The neighborhood is characterized by its laid-back coastal vibe, beautiful beaches, and an array of local amenities. Just steps from the building, the iconic Redondo Beach Pier serves as a hub of activity. This historic landmark features an eclectic mix of seafood restaurants, shops, and entertainment options. Nearby, the charming Riviera Village offers a more upscale shopping and dining experience, with boutique stores and gourmet eateries lining its streets. For outdoor enthusiasts, the area provides ample opportunities for recreation. Veterans Park, a short walk from Ocean Plaza, offers green spaces, a playground, and stunning ocean views. The Redondo Beach Bike Path, accessible directly from the building, extends for miles along the coastline, perfect for cycling, jogging, or leisurely strolls. Culinary options abound in the neighborhood. The Chart House, known for its seafood and steakhouse fare, provides an upscale dining experience with ocean views. For more casual options, the International Boardwalk near the pier offers a variety of quick bites and beachside eateries. Families residing in Ocean Plaza benefit from the area's excellent schools. Alta Vista Elementary School, Parras Middle School, and Redondo Union High School are all highly rated institutions within a short drive from the building. These schools boast impressive academic records and a wide range of extracurricular activities. For those seeking retail therapy, the Del Amo Fashion Center, one of the largest malls in the United States, is just a short drive away. This expansive shopping center houses a wide array of retailers, from luxury brands to popular chains, along with a variety of dining options and a movie theater. Nature lovers will appreciate the proximity to Hopkins Wilderness Park, a unique urban forest offering camping facilities, hiking trails, and a serene pond. This park provides a stark contrast to the beachfront environment, offering a forested retreat within the city. The neighborhood's commitment to community is evident in its regular events, including the popular Riviera Village Summer Festival and the weekly Farmer's Market, where residents can purchase fresh, local produce and artisanal goods.

Coastal convenience with easy access to greater Los Angeles

While Ocean Plaza's location emphasizes a walkable, beachfront lifestyle, it also offers convenient access to broader transportation options. The area surrounding the building is highly walkable, with many daily errands and activities easily accomplished on foot. The extensive Redondo Beach Bike Path provides an excellent option for cyclists, connecting Ocean Plaza to neighboring beach cities and extending the range of car-free travel. For those needing to venture further, major roadways are easily accessible. Pacific Coast Highway (PCH) runs near the property, providing a scenic route along the coast and connecting to other beach cities. Interstate 405, a major artery of Los Angeles traffic, is reachable within a short drive, facilitating travel throughout the greater Los Angeles area. Air travel is remarkably convenient from Ocean Plaza. Los Angeles International Airport (LAX) is approximately 9 miles away, or about a 20-minute drive, making domestic and international travel easily accessible. For those preferring a smaller airport, Long Beach Airport is about a 25-minute drive to the southeast. While public transit options are limited in the immediate vicinity, ride-sharing services are readily available, providing an easy alternative for those times when driving isn't preferred. The building's ample parking facilities, including tandem spots for many units, ensure that car owners have secure and convenient storage for their vehicles. Ocean Plaza's location strikes a balance between the laid-back, car-optional lifestyle of beachfront living and the practical needs of accessing the broader Los Angeles metropolitan area. Whether residents prefer to walk along the beach, cycle through the neighborhood, or drive to distant destinations, the building's location accommodates a variety of transportation preferences.

Available Condos

Building Details

Views

  • White Water Ocean
  • Coastline
  • Catalina
  • City Lights

Recreation

  • Fitness Center
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Community Pool
  • Community Spa
  • Bike Trail

Outdoor Features

  • Property has ocean access
  • Beach Front

Amenities

  • Clubhouse
  • Recreation Room
  • Laundry Facilities
  • Resident Manager or Management On Site

Parking

  • 2 Car Attached Garage
  • 2 Garage Spaces<<perUnit>>
  • Tandem Covered Parking
  • Controlled Entrance

Condo Association

  • $778 Monthly HOA Fees
  • HOA Transfer Fee $800
  • $800 HOA Transfer Fee
  • 531 Esplanade HOA, Phone Number (310) 878-8789
  • Common Interest Services, Inc. HOA

Unit Features

  • Open Floorplan
  • Laundry Room

Activity

Views

38

Favorites

1

Unit Information

Unit
714
Beds
2 Beds
Baths
2.5 Baths
Sq Ft
1,246
Price
$1,795,000
Price / Sq Ft
$1,441 / Sq Ft
List Date
05/09/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
613 - 1,246
Est. Values
$828,658 - $1,433,930
2 Bedroom Units
Sq Ft Range
1,187 - 1,761
Est. Values
$1,307,915 - $2,626,318
3 Bedroom Units
Sq Ft Range
1,627
Est. Values
$1,786,956 - $2,612,587
All Units
Sq Ft Range
613 - 1,761
Est. Values
$828,658 - $2,626,318

Map

Area Factors

Low Crime

Crime Score®

4 / 10

Very Bikeable

Bike Score®

83 / 100

Very Walkable

Walk Score®

89 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

75 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

See All Agents

Property Taxes

Range in Assessed Values
$127K - $2.6M
Range of Taxes in Building
$1,729 - $28,837
Range of Taxes per Sq Ft
$1.76 - $17.72

Property Tax History

Source: Public Records
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.