NOT LISTED FOR SALE

512 Esplanade Unit 402 Redondo Beach, CA 90277

Estimated Value: $2,042,000 - $2,473,000

3 Beds
3 Baths
2,843 Sq Ft
$560/mo HOA Fee

Last Sold June 18, 2019

Last sale price $1,500,000 $528 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $14,389/month

54 Days on Market

Highlights

  • Ocean View
  • Fitness Center
  • 19,706 Sq Ft lot
  • Alta Vista Elementary School Rated A+
  • Heated In Ground Pool
  • Midcentury Modern Architecture

About This Home

As of June 2019

Enjoy this extraordinary expansive top corner penthouse suite with a gracious wrap-around outdoor balcony for jaw-dropping views of the city and ocean. Stunning and most sought after location on Esplanade right across from the beach. Close to Riviera Village, Redondo Beach Pier, and beach access. Can't miss this opportunity to be creative. 2-car side by side parking. Amenities include: Pool, Spa, Gym and Guest Parking.

Last Agent to Sell the Property

Barbra Stover

Christie's International Real Estate SoCal License #01403944 Listed on: 04/10/2019

Christie's International Real Estate SoCal

Co-Listed By

Josh Flagg

Compass License #01470467

Last Buyer's Agent

Karynne Thim

Pacifica Properties Group, Inc. License #01161295

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,483

Year Built

  • Built in 1982

Lot Details

  • 0.45

HOA Fees

  • $560 Monthly HOA Fees

Property Views

  • Ocean
  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,843 Sq Ft Home
  • 4-Story Property
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • 2 Fireplaces
  • Dining Area
  • Home Office

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Parking

  • 2 Covered Spaces
  • Converted Garage
  • Side by Side Parking
  • Automatic Gate

Outdoor Features

  • Heated In Ground Pool
  • Open Patio

Utilities

  • Central Heating
  • Water Purifier

Listing and Financial Details

  • Assessor Parcel Number 7508-005-046

Community Details

Overview

  • 12 Units

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,483

Year Built

Built in 1982

Lot Details

0

HOA Fees

$560 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Mid-Century
  • Street Number Display: Yes
  • Complex Name: The Penthouse HOA
  • Entry Floor: 4
  • Living Area: 2843
  • Planned Urban Dev: 0
  • Stories: 4
  • Unit Floor In Building: 4
  • Year Built: 1982
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room, Master Bedroom
  • Flooring: Carpet, Tile
  • Bedrooms: 3
  • Fireplaces: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup, Water Purifier
  • Fireplace: Yes
  • Price Per S Q F T: 510.02

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Exposure: East
  • Pool Description: Association Pool, Heated, In Ground
  • Pool: Yes
  • View: City, City Lights, Hills, Mountains, Ocean, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Converted Garage, Side By Side
  • Total Parking: 2

Utilities

  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Automatic Gate, Fire Sprinklers, Firewall(s), Smoke Detector

Association/Amenities

  • Amenities: Billiard Room, Clubhouse, Exercise Room, Pool, Sauna, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 560.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7508-005-046
  • Geocode Override: No
  • Lot Size Area: 19706

Multi Family

  • Number Of Units: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2025
Sold by
Eileen A Oper Revocable Trust and Oper Eileen A
Bought by
Lofgren Revocable Trust and Lofgren
Current Estimated Value
$2,255,494

Purchase Details

Listed on
Apr 10, 2019
Closed on
Jun 4, 2019
Sold by
Kramer Rhonda and Credit Trust Share Of Kramer F
Bought by
Oper Eileen A and Revocable Trust
Seller's Agent
Barbra Stover
Christie's International Real Estate SoCal
Buyer's Agent
Karynne Thim
Pacifica Properties Group, Inc.
List Price
$1,849,000
Sold Price
$1,500,000
Premium/Discount to List
-$349,000
-18.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
Jul 18, 2013
Sold by
Kramer Jack
Bought by
Kramer Jack and Kramer Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2013
Sold by
Kramer Jack
Bought by
Kramer Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$486,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2007
Sold by
Kramer Jack and Kramer Family Trust
Bought by
Kramer Jack and Kramer Family Trust

Purchase Details

Closed on
Mar 21, 2003
Sold by
Kramer Jack and Kramer Janet
Bought by
Kramer Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,900
Interest Rate
5.79%

Purchase Details

Closed on
Jul 19, 1995
Sold by
Kramer Jack and Kramer Janet
Bought by
Kramer Jack

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$461,000
Interest Rate
7.87%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lofgren Revocable Trust $2,225,000 Fidelity National Title
Oper Eileen A $1,500,000 Progressive Title Company
Kramer Jack -- Accommodation
Kramer Jack -- Fidelity National Title Oran
Kramer Jack -- None Available
Kramer Jack -- Chicago Title
Kramer Jack -- American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kramer Jack $486,000
Previous Owner Kramer Jack $330,000
Previous Owner Kramer Jack $515,000
Previous Owner Kramer Jack $200,000
Previous Owner Kramer Jack $551,900
Previous Owner Kramer Jack $555,546
Previous Owner Kramer Jack $120,000
Previous Owner Kramer Jack $461,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $1,500,000 +3.4% $528 / Sq Ft
06/03/2019 06/03/19 Pending -- -- --
05/30/2019 05/30/19 Price Changed $1,450,000 -14.7% $510 / Sq Ft
05/23/2019 05/23/19 Price Changed $1,699,500 -2.9% $598 / Sq Ft
04/20/2019 04/20/19 Price Changed $1,750,000 -5.4% $616 / Sq Ft
04/10/2019 04/10/19 For Sale $1,849,000 -- $650 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,483 $1,673,274 $1,118,194 $555,080
2024 $18,483 $1,640,466 $1,096,269 $544,197
2023 $18,139 $1,608,301 $1,074,774 $533,527
2022 $17,895 $1,576,766 $1,053,700 $523,066
2021 $17,497 $1,545,850 $1,033,040 $512,810
2019 $6,117 $947,226 $106,591 $840,635
2018 $10,688 $928,653 $104,501 $824,152
2016 $10,337 $892,594 $100,444 $792,150
2015 $10,146 $879,188 $98,936 $780,252
2014 $10,008 $861,966 $96,998 $764,968
Source: Public Records

Agents Affiliated with this Home

  • Barbra Stover

    Seller's Agent in 2019

    Barbra Stover

    Christie's International Real Estate SoCal

    (310) 902-7122

    36 Total Sales

    Barbra Stover
    Section Image
  • Josh Flagg

    Seller Co-Listing Agent in 2019

    Josh Flagg

    Compass

    (310) 724-7100

    146 Total Sales

    Josh Flagg
    Section Image

  • K

    Buyer's Agent in 2019

    Karynne Thim

    Pacifica Properties Group, Inc.

    Section Image
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Map

Source: The MLS

MLS Number: 19-451028

The MLS

APN: 7508-005-046

California Los Angeles County Redondo Beach 90277

512 Esplanade Unit 402, Redondo Beach, CA

This home is located at 512 Esplanade Unit 402, Redondo Beach, CA 90277 since 10 April 2019 and is currently estimated at $2,255,494, approximately $793 per square foot. This property was built in 1982. 512 Esplanade Unit 402 is a home located in Los Angeles County with nearby schools including Alta Vista Elementary School, Parras (Nick G.) Middle School, and Redondo Union High School.

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