NOT LISTED FOR SALE

Ocean Plaza 531 Esplanade Unit 507 Redondo Beach, CA 90277

Estimated Value: $1,693,507 - $1,912,000

2 Beds
2.5 Baths
1,246 Sq Ft
$625/mo HOA Fee

Last Sold May 17, 2021

Last sale price $1,400,000 $1,124 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $11,818/month

4 Days on Market

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 2021

Live 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

Last Agent to Sell the Property

martha alonso

Estate Properties License #01313095 Listed on: 03/05/2021

Estate Properties

Last Buyer's Agent

Carla Tamborini

Beverly and Company, Inc. License #01953218

Beverly and Company, Inc.

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 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

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,645

Year Built

Built in 1974

Lot Details

0

HOA Fees

$625 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: RBMDR*
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7508027036
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1246.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Dry Bar, Living Room Balcony, Living Room Deck Attached, Open Floorplan, Storage, Two Story Ceilings
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 1123.60
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom
  • Spa Features: Association, Community, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Jetted Tub, Linen Closet/Storage, Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room, Remodeled Kitchen, Stone Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • View: Coastline, Mountain(s), Neighborhood, Ocean, Pier, Water, White Water
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Covered, Deck, Patio
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Controlled Entrance, Gated, Private, Subterranean, Tandem Covered
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Electric Oven, Electric Cooktop, Disposal, Ice Maker, Microwave, Range Hood, Refrigerator, Self Cleaning Oven, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property
  • Heating Type: Electric
  • Laundry Features: Dryer Included, In Closet, Inside, Stackable, Washer Included
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room, Clubhouse, Billiard Room, Cable TV, Earthquake Insurance, Maintenance Grounds, Trash, Water, Pet Rules, Pets Permitted, Call for Rules, Controlled Access
  • Association Fee: 625.00
  • Association Fee Frequency: Monthly
  • Association Name: 531 Esplanade HOA
  • Phone: 310-325-1110
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Park, Watersports, Sidewalks, Street Lights
  • Association Management: Cammarata Mana

Schools

  • School District: Redondo Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby
  • Lot Size Sq Ft: 24169.00
  • Lot Size Acres: 0.5548

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24169.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 1
  • Tax Tract Number: 30930

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
Current Estimated Value
$1,803,127

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
Interest Rate
3.45%
Mortgage Type
New Conventional

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
Source: Public Records

Range of Values:

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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
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

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 $16,645 $1,515,404 $1,082,432 $432,972
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

  • martha alonso

    Seller's Agent in 2021

    martha alonso

    RE/MAX

    (310) 901-5670

    10 in this area

    37 Total Sales

    martha alonso
    Section Image
  • Carla Tamborini

    Buyer's Agent in 2021

    Carla Tamborini

    Beverly and Company, Inc.

    (818) 790-6101

    1 in this area

    18 Total Sales

    Carla Tamborini
    Section Image
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About Ocean Plaza

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21042991

California Regional Multiple Listing Service (CRMLS)

APN: 7508-027-036

California Los Angeles County Redondo Beach 90277

531 Esplanade Unit 507, Redondo Beach, CA

This home is located at 531 Esplanade Unit 507, Redondo Beach, CA 90277 since 05 March 2021 and is currently estimated at $1,803,127, approximately $1,447 per square foot. This property was built in 1974. 531 Esplanade Unit 507 is a home located in Los Angeles County with nearby schools including Alta Vista Elementary School, Parras (Nick G.) Middle School, and Redondo Union High School.

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.

California Regional Multiple Listing Service (CRMLS) 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

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