NOT LISTED FOR SALE

516 Esplanade Unit E Redondo Beach, CA 90277

Estimated Value: $1,780,000 - $2,130,000

3 Beds
2.5 Baths
2,084 Sq Ft
$932/Sq Ft Est. Value

Last Sold July 21, 2023

Last sale price $1,640,000 $787 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,488/month

56 Days on Market

Highlights

  • Ocean View
  • Property has ocean access
  • Primary Bedroom Suite
  • Alta Vista Elementary School Rated A+
  • Fishing
  • All Bedrooms Downstairs

About This Home

As of July 2023

Live just steps away from the beach and immerse yourself in the breathtaking ocean views from this spacious townhome! Start your day by catching some waves or take a leisurely bike ride along the boardwalk. With your favorite restaurants at the Riviera Village just a short walk away, the possibilities for enjoyment are endless.

Enter this unique open floor plan that offers ample living space with a large main suite on the first level, featuring a private bath with separate shower/tub, double sinks, and large closet. The main suite also includes a private patio, perfect for savoring your morning coffee.

Upstairs, you'll discover two additional bedrooms with a shared balcony and a full bathroom. The living room is perfect for the whole family with its ample space, while the formal dining room with a mirrored wall enhances the open floor plan. In the heart of the home you’ll discover a sizable kitchen with a built-in pantry and tech-desk area, which flows seamlessly to the breakfast nook where you'll have easy access to a large balcony - ideal for BBQ's and large social gatherings.

This level also includes a convenient half bath. Above this space, you'll find a massive loft with a fireplace and balcony, offering stunning views of the ocean and PV Hills. The 18-foot ceilings, ample storage, and inside laundry add to the charm of this remarkable townhome.

Other features include a two-car attached garage, a balcony for EVERY room, guest parking, and a spectacular location in South Redondo Beach. Close to parks, restaurants, shopping, Redondo Pier, and Riviera Village & Marina - hurry and make this seaside oasis your dream home!

Last Agent to Sell the Property

Lorie Anne Auer

eXp Realty of California, Inc. License #01333932 Listed on: 03/20/2023

eXp Realty of California, Inc.

Co-Listed By

Bryan Auer

eXp Realty of California, Inc. License #01855451

Last Buyer's Agent

Nicholas Phillips

Compass License #01742107

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,523

Year Built

  • Built in 1990

Lot Details

  • Property fronts an alley
  • 1 Common Wall

HOA Fees

  • $360 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Property Views

  • Ocean
  • City Lights
  • Hills

Home Design

  • Contemporary Architecture
  • Turnkey
  • Slab Foundation
  • Common Roof
  • Stucco

Interior Spaces

  • 2,084 Sq Ft Home
  • Open Floorplan
  • Central Vacuum
  • High Ceiling
  • Recessed Lighting
  • Blinds
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Living Room
  • Dining Room
  • Home Office
  • Loft
  • Bonus Room
  • Storage
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Built-In Range
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • Retreat
  • 3 Bedrooms | 1 Primary Bedroom on Main
  • All Bedrooms Down
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • Walk-In Closet
  • Dressing Area
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Tile Bathroom Countertop
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Separate Shower

Home Security

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Property has ocean access
  • Beach Access
  • Living Room Balcony
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46195
  • Assessor Parcel Number 7508005056
  • $463 per year additional tax assessments

Community Details

Overview

  • 6 Units
  • Classic Pm Association
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Fishing
  • Park
  • Dog Park
  • Water Sports
  • Bike Trail

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,523

Year Built

Built in 1990

Lot Details

0

HOA Fees

$360 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • View: Yes
  • Zoning: RBMDR*
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 7508005056
  • Year Built: 1990
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2084.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Storage, Tile Counters, Unfurnished, Vacuum Central
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s)
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 786.95
  • Room Type: All Bedrooms Down, Bonus Room, Dressing Area, Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Multi-Level Bedroom, Office, Retreat, Walk-In Closet
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Master Bath, Remodeled, Separate Tub And Shower, Soaking Tub, Tile Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Lighting
  • View: City Lights, Hills, Ocean, Water
  • Patio And Porch Features: Enclosed, Patio, Slab
  • Pool Private: No
  • Roof: Common Roof
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Range, Refrigerator, Trash Compactor
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association Phone Extension: *46
  • Amenities: Maintenance Grounds, Water
  • Association Fee: 360.00
  • Association Fee Frequency: Monthly
  • Association Name: Classic PM
  • Phone: 310972999
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Fishing, Gutters, Park, Watersports, Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 13256.00
  • Lot Size Acres: 0.3043

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13256.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6
  • Waterfront Features: Beach Access, Ocean Access

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 1
  • Tax Tract: 46195
  • Tax Tract Number: 46195
  • TaxOtherAnnualAssessmentAmount: 463.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Jun 14, 2023
Sold by
Baghbanmanesh Linda
Bought by
Sockalingam Thiagarajan and Thiagarajan Ramu
Seller's Agent
Lorie Anne Auer
eXp Realty of California, Inc.
Buyer's Agent
Nicholas Phillips
Compass
List Price
$1,690,000
Sold Price
$1,640,000
Premium/Discount to List
-$50,000
-2.96%
Views
73
Current Estimated Value
$1,942,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$302,396
Avg. Annual Appreciation
7.08%
Original Mortgage
$1,235,250
Outstanding Balance
$1,206,575
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$686,886

Purchase Details

Listed on
Jan 23, 2015
Closed on
May 11, 2015
Sold by
Green John Niel
Bought by
Baghbanmanesh Linda
Seller's Agent
Joanne Stasio
Berkshire Hathaway HomeService
Buyer's Agent
Bryan Auer
eXp Realty of California, Inc.
List Price
$969,500
Sold Price
$950,000
Premium/Discount to List
-$19,500
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.96%
Original Mortgage
$760,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2014
Sold by
Green John N
Bought by
Green John Niel and Green Ryan Michael Livingston

Purchase Details

Closed on
Aug 28, 1996
Sold by
Dobbs Michael G
Bought by
Green John N and Susan Green M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
7.5%

Purchase Details

Closed on
Oct 3, 1995
Sold by
Dobbs Michael G and Dobbs Sylvia A
Bought by
Dobbs Michael G and Dobbs Sylvia A
Source: Public Records

Range of Values:

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Average Value
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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
Sockalingam Thiagarajan $1,647,000 Ticor Title Company
Baghbanmanesh Linda $950,000 Ticor Title Company
Green John Niel -- None Available
Green John N $357,500 Guardian Title Company
Dobbs Michael G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sockalingam Thiagarajan $1,235,250
Previous Owner Baghbanmanesh Linda $1,125,000
Previous Owner Baghbanmanesh Linda $760,000
Previous Owner Green John N $250,000
Previous Owner Green John N $240,000
Previous Owner Green John N $286,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Sold $1,640,000 -3.0% $787 / Sq Ft
05/15/2023 05/15/23 Pending -- -- --
04/30/2023 04/30/23 For Sale $1,690,000 +3.0% $811 / Sq Ft
04/24/2023 04/24/23 Off Market $1,640,000 -- --
04/10/2023 04/10/23 Price Changed $1,690,000 -6.1% $811 / Sq Ft
03/20/2023 03/20/23 For Sale $1,800,000 +89.5% $864 / Sq Ft
06/09/2015 06/09/15 Sold $950,000 -2.0% $456 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $969,500 -- $465 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $18,523 $1,679,940 $1,240,116 $439,824
2024 $18,523 $1,647,000 $1,215,800 $431,200
2023 $12,503 $1,097,415 $735,155 $362,260
2022 $12,336 $1,075,898 $720,741 $355,157
2021 $12,079 $1,054,803 $706,609 $348,194
2019 $11,846 $1,023,518 $685,651 $337,867
2018 $11,555 $1,003,450 $672,207 $331,243
2016 $11,192 $964,487 $646,105 $318,382
2015 $5,728 $484,457 $263,843 $220,614
2014 -- $474,968 $258,675 $216,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23020994

California Regional Multiple Listing Service (CRMLS)

APN: 7508-005-056