Ocean Plaza 531 Esplanade Unit 507 Redondo Beach, CA 90277
Estimated Value: $1,600,000 - $1,820,000
2
Beds
2.5
Baths
1,246
Sq Ft
$625/mo
HOA Fee
Highlights
- White Water Ocean Views
- Fitness Center
- Gated Parking
- Alta Vista Elementary School Rated A+
- Heated In Ground Pool
- Updated Kitchen
About This Home
As of May 2021Live your dream on the sand in this stylish contemporary condo offering coastal living and ocean breezes with modern amenities and exceptional one-of-a-kind details. This stylishly renovated open-concept condo draws an abundance of natural sunlight enhanced by walls of glass framing panoramic views of the ocean, mountains, and city lights all the way to DTLA. A blend of planning excellence and fine materials unfolds throughout this two story condo. The chef's kitchen is a focal point of the home with Corian counters including built-in shelves, wine rack, Sub-Zero newer appliances, and white cabinetry. The perfect home for entertaining and enjoying year round al fresco living. Large sliding doors off the living and dining spaces open to a balcony deck. Upstairs master suite has wall to ceiling mirrors that captivate the ocean views all the way into the master bath. For added style and convenience, condo also features wood floors, mirrored wardrobe doors, built-in closet organizers, stackable washer/dryer (rarity) dual vanities, and soaking jet tub. Second bedroom also with ocean views makes a great office/ guest room. Balcony is accessible from both bedrooms and showcases Redondo beaches stunning sunsets. Ocean Plaza Amenities include welcome lobby, gym, sauna, swimming pool, spa tub, clubhouse, direct beach access, 2 car tandem garage w/ storage, controlled entry offering residents convenience and privacy. Check out https://vimeo.com/518707402
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $16,645
Year Built
- Built in 1974
Lot Details
- Two or More Common Walls
- Fenced
- Stucco Fence
HOA Fees
- $625 Monthly HOA Fees
Parking
- 2 Car Garage
- Parking Available
- Tandem Covered Parking
- Gated Parking
- Controlled Entrance
Property Views
- White Water Ocean
- Coastline
- Views of a pier
- Mountain
- Neighborhood
Home Design
- Traditional Architecture
- Flat Roof Shape
- Stucco
Interior Spaces
- 1,246 Sq Ft Home
- Open Floorplan
- Built-In Features
- Dry Bar
- Two Story Ceilings
- Family Room Off Kitchen
- Living Room with Attached Deck
- Dining Room
- Storage
Kitchen
- Updated Kitchen
- Breakfast Area or Nook
- Open to Family Room
- Double Self-Cleaning Oven
- Electric Oven
- Electric Cooktop
- Range Hood
- Microwave
- Ice Maker
- Water Line To Refrigerator
- Stone Countertops
- Utility Sink
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- Dual Sinks
- Dual Vanity Sinks in Primary Bathroom
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Walk-in Shower
- Exhaust Fan In Bathroom
- Linen Closet In Bathroom
- Closet In Bathroom
Laundry
- Laundry Room
- Stacked Washer and Dryer
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
Outdoor Features
- Living Room Balcony
- Covered patio or porch
- Exterior Lighting
Location
- Property is near a park
Utilities
- Heating Available
- Natural Gas Connected
- Water Heater
- Sewer Paid
- Cable TV Available
Listing and Financial Details
- Earthquake Insurance Required
- Tax Lot 1
- Tax Tract Number 30930
- Assessor Parcel Number 7508027036
Community Details
Overview
- 80 Units
- 531 Esplanade HOA, Phone Number (310) 325-1110
- Cammarata Mana HOA
- Maintained Community
Amenities
- Clubhouse
- Billiard Room
Recreation
- Fitness Center
- Community Pool
- Community Spa
- Park
- Water Sports
Pet Policy
- Pets Allowed
- Pet Restriction
Security
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 3, 2022
Sold by
Mustafa El-Harazi Sherif and Mustafa Farah A
Bought by
El-Harazi Family Revocable Living Trust
Total Days on Market
4
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,029,769
Outstanding Balance
$967,855
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$704,425
Purchase Details
Closed on
Mar 12, 2021
Sold by
Barr Joseph W and Barr Kimberly A
Bought by
El Harazi Sherif and El Harazi Farah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 18, 2005
Sold by
Holecko Kimberly A
Bought by
Barr Joseph W
Purchase Details
Closed on
Oct 7, 1994
Sold by
Beck Daniel
Bought by
Holecko Kimberly A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,700
Interest Rate
5.12%
Purchase Details
Closed on
Jul 12, 1994
Sold by
Beck Janet
Bought by
Beck Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
8.25%
Purchase Details
Closed on
Jun 14, 1994
Sold by
Berkeley Federal Bank & Trust Fsb
Bought by
Beck Daniel
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
8.25%
Purchase Details
Closed on
Apr 12, 1994
Sold by
California Federal Bank
Bought by
Berkeley Federal Bank & Trust Fsb
Purchase Details
Closed on
Apr 7, 1994
Sold by
Cal Fed Service Corp
Bought by
California Federal Bank Fsb
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
Similar Homes in Redondo Beach, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| El-Harazi Family Revocable Living Trust | -- | Old Republic Title | |
| El Harazi Sherif | $1,400,000 | Consumers Title Company | |
| Barr Joseph W | -- | -- | |
| Holecko Kimberly A | $313,000 | Commonwealth Land Title | |
| Beck Daniel | -- | First American Title Company | |
| Beck Daniel | $219,000 | First American Title Company | |
| Berkeley Federal Bank & Trust Fsb | $140,000 | -- | |
| California Federal Bank Fsb | $270,764 | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | El-Harazi Family Revocable Living Trust | $1,029,769 | |
| Previous Owner | El Harazi Sherif | $1,050,000 | |
| Previous Owner | Holecko Kimberly A | $281,700 | |
| Previous Owner | Beck Daniel | $164,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2021 05/17/21 | Sold | $1,400,000 | 0.0% | $1,124 / Sq Ft |
| 03/10/2021 03/10/21 | Pending | -- | -- | -- |
| 03/05/2021 03/05/21 | For Sale | $1,400,000 | 0.0% | $1,124 / Sq Ft |
| 03/05/2021 03/05/21 | Off Market | $1,400,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $16,645 | $1,485,691 | $1,061,208 | $424,483 |
| 2023 | $16,334 | $1,456,560 | $1,040,400 | $416,160 |
| 2022 | $16,115 | $1,428,000 | $1,020,000 | $408,000 |
| 2021 | $5,651 | $485,683 | $272,793 | $212,890 |
| 2020 | $5,657 | $480,704 | $269,996 | $210,708 |
| 2019 | $5,542 | $471,279 | $264,702 | $206,577 |
| 2018 | $5,422 | $462,039 | $259,512 | $202,527 |
| 2016 | $5,248 | $444,099 | $249,436 | $194,663 |
| 2015 | $5,153 | $437,429 | $245,690 | $191,739 |
| 2014 | $5,088 | $428,862 | $240,878 | $187,984 |
Source: Public Records
Agents Affiliated with this Home
-
Mimi Alonso
Seller's Agent in 2021
Mimi Alonso
RE/MAX
10 in this area
39 Total Sales
-
Carla Tamborini
Buyer's Agent in 2021
Carla Tamborini
Beverly and Company, Inc.
(818) 790-6101
1 in this area
14 Total Sales
About Ocean Plaza
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB21042991
APN: 7508-027-036
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Nearby Homes
- 531 Esplanade Unit 714
- 531 Esplanade Unit 313
- 555 Esplanade Unit 320
- 575 Esplanade Unit 205
- 420 Esplanade Unit 4
- 111 Sapphire St
- 510 S Catalina Ave Unit 1
- 518 S Catalina Ave
- 615 Esplanade Unit 509
- 615 Esplanade Unit 302
- 420 S Broadway Unit B
- 612 S Catalina Ave
- 625 Esplanade Unit 60
- 625 Esplanade Unit 4
- 620 S Catalina Ave Unit C
- 401 S Pacific Coast Hwy
- 700 Esplanade Unit 5
- 650 The Village Unit 106
- 679 The Village
- 660 The Village Unit 204
- 531 Esplanade Unit 204
- 531 Esplanade Unit 308
- 531 Esplanade Unit 205
- 531 Esplanade
- 531 Esplanade Unit 3
- 531 Esplanade Unit 504
- 531 Esplanade Unit 506
- 531 Esplanade Unit 508
- 531 Esplanade Unit 510
- 531 Esplanade Unit 512
- 531 Esplanade Unit 514
- 531 Esplanade Unit 516
- 531 Esplanade Unit 515
- 531 Esplanade Unit 513
- 531 Esplanade Unit 511
- 531 Esplanade Unit 509
- 531 Esplanade Unit 507
- 531 Esplanade Unit 505
- 531 Esplanade Unit 503
- 531 Esplanade Unit 501