NOT LISTED FOR SALE

Ocean Plaza 531 Esplanade Unit 506 Redondo Beach, CA 90277

Estimated Value: $1,314,000 - $1,698,000

2 Beds
2.5 Baths
1,246 Sq Ft
$425/mo HOA Fee

Last Sold January 06, 2012

Last sale price $585,000 $470 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $9,154/month

Highlights

  • Ocean View
  • Fitness Center
  • Primary Bedroom Suite
  • Alta Vista Elementary School Rated A+
  • Private Pool
  • Gated Community

About This Home

As of January 2015

South Redondo Beach living at it's finest. Panoramic Ocean views from every room. Enjoy your own private sunset on the Pacific Ocean and toast to the good life on your ocean view entertainer's balcony! Private secure building located in premiere south RB location offers exclusivity and awesome amenities including a newly resurfaced pool, spa and gym/exercise room. Spacious and traditional interior floor plan includes and entryway, large great room style living room and dining room and immaculately remodeled kitchen with granite counters & custom cabinetry. Watch the waves as you cook! Upstairs offers a large bedroom, remodeled hallway bath, and a true master suite with the best views in the house right from your bed.

Last Agent to Rent the Property

Susan Murphy

Keller Williams South Bay License #01008829 Listed on: 12/15/2014

Keller Williams South Bay

Co-Listed By

Marie Hoffman

Keller Williams South Bay License #01070673

Last Renter's Agent

Michael Crowley

David Hurtado, Broker License #01908791

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,097

Year Built

  • Built in 1974 | Remodeled

Lot Details

  • 0.56

HOA Fees

  • $425 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Community Parking Structure

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Entryway
  • Family or Dining Combination
  • Carpet
  • Ocean Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite

Additional Features

  • Spa
  • Exterior Lighting
  • Two or More Common Walls
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $3,400
  • Rent includes association dues, gardener, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Tax Lot 1
  • Tax Tract Number 6213
  • Assessor Parcel Number 7508027046

Community Details

Overview

  • 80 Units
  • Camarata Mngrs Association, Phone Number (310) 540-9770

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $400

Additional Features

  • Laundry Facilities
  • Gated Community

Condo Details

Home Type

Condominium

Est. Annual Taxes

$8,097

Year Built

Built in 1974 | Remodeled

Lot Details

0

HOA Fees

$425 per month

Parking

2

Rental Info

  • Cashiers Check: Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 400
  • Deposit Security: 3400
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Assessments: Yes
  • Other Phone Description: Melissa
  • Other Phone Number: 310-939-9393
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Gated Community
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7508027046
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1246.00
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Family Room
  • Levels: Two
  • Price Per Square Foot: 2.73
  • Room Type: All Bedrooms Up, Entry, Family Room, Master Suite
  • Spa Features: Association

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Community Structure
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Community
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Pool, Spa/Hot Tub
  • Association Fee: 425.00
  • Association Fee Frequency: Monthly
  • Association Name: Camarata Mngrs
  • Phone: 310-540-9770
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Redondo Unified

Lot Info

  • Lot Size: .55
  • Lot Size Sq Ft: 24169.00
  • Lot Size Acres: 0.5550

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 24169.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 6213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2012
Sold by
Cai Shuxiong and Chen Fen
Bought by
Lagoon House Properties Llc
Current Estimated Value
$1,481,085

Purchase Details

Listed on
Sep 20, 2011
Closed on
Dec 19, 2011
Sold by
Welsh Roberta K and Levantine Daniel M
Bought by
Cai Shuxiong and Chen Fen
Seller's Agent
Susan Murphy
Keller Williams South Bay
Buyer's Agent
Susan Murphy
Keller Williams South Bay
List Price
$639,000
Sold Price
$585,000
Premium/Discount to List
-$54,000
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Jan 15, 2009
Sold by
Welsh Roberta K and Levantine Daniel M
Bought by
Welsh Roberta K

Purchase Details

Closed on
Nov 5, 2008
Sold by
Boyd James B and Boyd Yasmina B
Bought by
Welsh Roberta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2007
Sold by
Boyd James A
Bought by
Boyd James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
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
Lagoon House Properties Llc -- Accommodation
Cai Shuxiong $585,000 Pacific Coast Title Co
Welsh Roberta K -- None Available
Welsh Roberta $705,000 Lawyers Title
Boyd James A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Welsh Roberta K $415,000
Previous Owner Welsh Roberta $417,000
Previous Owner Boyd James A $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2014 12/15/14 Rented $3,400 0.0% --
12/15/2014 12/15/14 For Rent $3,400 0.0% --
01/06/2012 01/06/12 Sold $585,000 0.0% $457 / Sq Ft
01/05/2012 01/05/12 Pending -- -- --
12/01/2011 12/01/11 Off Market $585,000 -- --
10/13/2011 10/13/11 Pending -- -- --
09/20/2011 09/20/11 For Sale $639,000 -- $499 / 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 $8,097 $720,374 $369,423 $350,951
2024 $8,097 $706,250 $362,180 $344,070
2023 $7,951 $692,403 $355,079 $337,324
2022 $7,847 $678,827 $348,117 $330,710
2021 $7,703 $665,518 $341,292 $324,226
2019 $7,555 $645,780 $331,170 $314,610
2018 $7,393 $633,119 $324,677 $308,442
2016 $7,164 $608,536 $312,070 $296,466
2015 $7,033 $599,396 $307,383 $292,013
2014 $6,941 $587,655 $301,362 $286,293
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB14259161

California Regional Multiple Listing Service (CRMLS)

APN: 7508-027-046