NOT LISTED FOR SALE

Ocean Plaza 531 Esplanade Unit 204 Redondo Beach, CA 90277

Estimated Value: $892,000 - $1,276,000

1 Bed
1 Bath
1,032 Sq Ft
0.55 Acres

Last Sold January 10, 2013

Last sale price $454,000 $440 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $6,546/month

Highlights

  • Beach Front
  • Marina
  • Property has ocean access
  • Alta Vista Elementary School Rated A+
  • Ocean View
  • Fitness Center

About This Home

As of December 2023

1 Bedroom on The Esplanade in South Redondo Beach || Unbeatable building location - a few steps from the strand, sand and surf! || Open concept main floor w/ kitchen, dining, living area and balcony with ocean views || Lower level features bedroom, full bathroom, storage/utility closet, and large mirrored closet area || Floor-to-ceiling windows on both levels for great natural lighting || Brand new luxury vinyl plank flooring downstairs (bedroom floor) || Kitchen includes: stainless steel fridge and wine fridge, plus dishwasher, stove, oven, and microwave || Fantastic Amenities!! Beautiful pool, hot tub and sun deck looking over the beach, brand new "game room" with pool table and kitchen, and bathrooms, stunning top/11th floor gym with ocean views overlooking the Redondo Beach Pier and Santa Monica Mountains beyond || One-car assigned subterranean parking || HOA includes, water, trash, cable tv package and high speed internet, tenant only has to pay electricity || Shared laundry facilities || Owner will consider pet

Last Agent to Rent the Property

Alex Smith

Smith-Properties License #01859768 Listed on: 12/01/2023

Last Renter's Agent

Alex Smith

Smith-Properties License #01859768 Listed on: 12/01/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,348

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • Two or More Common Walls

Parking

  • 1 Car Garage

Interior Spaces

  • 1,032 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Wet Bar
  • Living Room with Attached Deck
  • Laminate Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Bedrooms Down
  • 1 Full Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Linen Closet In Bathroom

Home Security

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Property has ocean access
  • Patio
  • Exterior Lighting

Location

  • Suburban Location

Schools

  • Beryl Heights Elementary School
  • Parras Middle School
  • Redondo Union High School

Utilities

  • Heating Available
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $4,800
  • Rent includes association dues, cable TV, gardener, pool, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 12/1/23
  • Tax Lot 1
  • Tax Tract Number 30930
  • Assessor Parcel Number 7508027015

Community Details

Overview

  • Property has a Home Owners Association
  • Front Yard Maintenance
  • 80 Units

Amenities

  • Clubhouse
  • Billiard Room
  • Laundry Facilities

Recreation

  • Marina
  • Fitness Center
  • Community Pool
  • Community Spa
  • Water Sports

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,348

Year Built

Built in 1974

Lot Details

0

Parking

1

Rental Info

  • Available Date: 2023-12-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 4800
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7508027015
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1032.00 Square Feet
  • Interior Amenities: Living Room Deck Attached, Open Floorplan, Wet Bar
  • Stories: 2
  • Entry Location: Front Door
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 2
  • Levels: Two
  • Price Per Square Foot: 3.10
  • Room Type: All Bedrooms Down, Kitchen
  • Spa Features: Association, In Ground
  • Bathroom Features: Shower In Tub, Double Sinks In Primary Bath, Linen Closet/Storage

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • View: Ocean
  • Patio And Porch Features: Deck
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Billiard Room, Maintenance Front Yard
  • Senior Community: No
  • Community Features: Curbs, Watersports, Sidewalks, Street Lights, Suburban

Schools

  • School District: Redondo Unified
  • Elementary School: Beryl Heights
  • Middle School: Parras
  • High School: Redondo Union
  • Elementary School: Beryl Heights
  • High School: Redondo Union
  • Middle Or Junior School: Parras
  • Elementary School #2: BERHEI
  • High School2: REDUNI

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 24169.00
  • Lot Size Acres: 0.5548

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months, Negotiable
  • Lot Size Area: 24169.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80
  • Rent Includes: Association Dues, Cable TV, Gardener, Pool, Sewer, Trash Collection, Water
  • Waterfront Features: Beach Access, Beach Front, Marina in Community, Ocean Access, Ocean Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 30930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2012
Closed on
Dec 11, 2012
Sold by
T2 Enterprises Llc
Bought by
Nakamoto Ryan P
Seller's Agent
Patsy Dea
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Tony Chuan
Home Team Realty
List Price
$460,000
Sold Price
$454,000
Premium/Discount to List
-$6,000
-1.3%
Current Estimated Value
$1,106,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,409
Avg. Annual Appreciation
7.21%
Original Mortgage
$340,500
Outstanding Balance
$236,482
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$859,304

Purchase Details

Closed on
Dec 11, 2003
Sold by
Liu Tingting and Kramer Tingting
Bought by
T2 Enterprises Llc

Purchase Details

Closed on
Jul 30, 2003
Sold by
Liu Tingting
Bought by
Liu Tingting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,800
Interest Rate
5.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 2, 2002
Sold by
Mitchell Howard
Bought by
Liu Tingting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.5%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nakamoto Ryan P $454,000 Ticor Title Company
T2 Enterprises Llc -- --
Liu Tingting -- Act
Liu Tingting $295,000 Southland Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nakamoto Ryan P $340,500
Previous Owner T2 Enterprise Llc $300,000
Previous Owner Liu Tingting $257,800
Previous Owner Liu Tingting $236,000
Closed Liu Tingting $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2023 12/06/23 Rented $3,200 0.0% --
12/01/2023 12/01/23 For Rent $3,200 +3.2% --
06/17/2019 06/17/19 Rented $3,100 0.0% --
05/16/2019 05/16/19 Price Changed $3,100 -6.1% $3 / Sq Ft
05/03/2019 05/03/19 Price Changed $3,300 -5.7% $3 / Sq Ft
05/03/2019 05/03/19 For Rent $3,500 +17.1% --
01/08/2015 01/08/15 Rented $2,990 -6.6% --
12/09/2014 12/09/14 Under Contract -- -- --
09/12/2014 09/12/14 For Rent $3,200 0.0% --
01/10/2013 01/10/13 Sold $454,000 -1.3% $440 / Sq Ft
11/27/2012 11/27/12 For Sale $460,000 -- $446 / 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 $6,348 $559,055 $301,323 $257,732
2024 $6,348 $548,094 $295,415 $252,679
2023 $6,236 $537,348 $289,623 $247,725
2022 $6,155 $526,813 $283,945 $242,868
2021 $6,054 $516,484 $278,378 $238,106
2019 $5,938 $501,167 $270,122 $231,045
2018 $5,734 $491,341 $264,826 $226,515
2016 $5,554 $472,264 $254,544 $217,720
2015 $5,452 $465,171 $250,721 $214,450
2014 $5,383 $456,060 $245,810 $210,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB23219626

California Regional Multiple Listing Service (CRMLS)

APN: 7508-027-015