NOT LISTED FOR SALE

Ocean Plaza 531 Esplanade Unit 205 Redondo Beach, CA 90277

Estimated Value: $1,248,057 - $1,456,000

2 Beds
2.5 Baths
1,246 Sq Ft
0.55 Acres

Highlights

  • Ocean View
  • In Ground Pool
  • 0.55 Acre Lot
  • Alta Vista Elementary School Rated A+
  • Updated Kitchen
  • Wood Flooring

About This Home

As of February 2022

Ocean View * Located 1 Block From Redondo Beach Pier * Updated * 2 Bedrooms / 2.5 Bathrooms * 1,246sqft * 1974 Built * Hardwood Floors * Spacious Master Bedroom * Community Laundry * Community Gym, Pool & Spa * 2 Car Tandem Parking Wit Storage * HOA Paid By Owner Basic Cable, Water & Waste

Last Agent to Rent the Property

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 01/03/2022

Last Renter's Agent

Artin Sarkissian

The Art In Real Estate License #01722942 Listed on: 01/03/2022

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,969

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.55

Parking

  • Subterranean Parking
  • Parking Available

Interior Spaces

  • 1,246 Sq Ft Home
  • Wood Flooring
  • Ocean Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Dumbwaiter
  • Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Balcony
  • 1 Common Wall
  • Space Heater

Listing and Financial Details

  • Security Deposit $6,000
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/3/22
  • Assessor Parcel Number 7508027003

Community Details

Overview

  • Not Applicable 105 Subdivision

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,969

Year Built

Built in 1974 | Remodeled

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-01-03
  • Credit Check: Yes
  • Credit Check Paid By: Owner
  • Deposit Security: 6000
  • Furnished: Unfurnished

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable-105
  • View: Yes
  • Zoning: RBMDR*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7508027003
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Living Area: 1246.00
  • Interior Amenities: Balcony, Dumbwaiter
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 3.37
  • Spa Features: Association, In Ground
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • View: Ocean
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Refrigerator, Range
  • Heating Type: Space Heater
  • Laundry Features: Community

Condo/Co-op/Association

  • Amenities: Recreation Room
  • Association Fee Frequency: Monthly

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 24169.00
  • Lot Size Acres: 0.5500

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 24169.0000 Square Feet
  • Rent Includes: Association Dues

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 21, 2023
Sold by
Garcia Linda
Bought by
Garcia-De Torre Family Trust
Current Estimated Value
$1,349,764

Purchase Details

Closed on
Oct 1, 2004
Sold by
Fisher Beth E
Bought by
Garcia Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2003
Sold by
Walker Christopher Wayne
Bought by
Fisher Beth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2003
Sold by
Walker Lorri Ann
Bought by
Walker Christopher Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.79%

Purchase Details

Closed on
Feb 17, 2003
Sold by
Michaels Glen C and Hoffman Denise M
Bought by
Walker Christopher Wayne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.79%

Purchase Details

Closed on
Jun 14, 1998
Sold by
Family Trust Riles John C And Wanda J Trs Ril
Bought by
Michaels Glen C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
7%
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
Garcia-De Torre Family Trust -- None Listed On Document
Garcia Linda $575,000 Alliance Title
Fisher Beth E -- Alliance Title
Fisher Beth E $920,000 Ticor Title Company
Walker Christopher Wayne -- American Title Co
Walker Christopher Wayne $408,000 American Title Co
Michaels Glen C $225,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Linda $468,000
Previous Owner Garcia Linda $527,000
Previous Owner Garcia Linda $460,000
Previous Owner Fisher Beth E $322,700
Previous Owner Walker Christopher Wayne $322,700
Previous Owner Michaels Glen C $175,000
Closed Walker Christopher Wayne $44,500
Closed Garcia Linda $57,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Rented $4,200 -19.2% --
01/25/2022 01/25/22 Under Contract -- -- --
01/03/2022 01/03/22 For Rent $5,200 -- --
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 $8,969 $801,480 $562,717 $238,763
2024 $8,969 $785,766 $551,684 $234,082
2023 $8,806 $770,360 $540,867 $229,493
2022 $8,690 $755,256 $530,262 $224,994
2021 $8,449 $740,448 $519,865 $220,583
2019 $8,284 $718,489 $504,447 $214,042
2018 $8,154 $704,402 $494,556 $209,846
2016 $7,851 $677,051 $475,352 $201,699
2015 $7,706 $666,882 $468,212 $198,670
2014 $7,603 $653,820 $459,041 $194,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320008815

California Regional Multiple Listing Service (CRMLS)

APN: 7508-027-003