$1,291,000 - $1,939,000
RENTED SEP 24, 2025

Ocean Plaza 531 Esplanade Unit 511 Floor 1 Redondo Beach, CA 90277

2 Beds
2.5 Baths
1,246 Sq Ft
0.55 Acres

Last Sold July 28, 2015

Last sale price $715,050 $574 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $8,655/month

Highlights

  • Beach Front
  • White Water Ocean Views
  • Spa
  • Alta Vista Elementary School Rated A+
  • Fitness Center
  • Sauna

About This Home

As of September 2025

Gorgeous sunsets and refreshing coastal breezes can be enjoyed from this stunning ocean view condo. This North-west facing condo is beautifully appointed. Interior offers custom tile entry, modern lighting, electronic window treatments with optional blackout curtains, gorgeous electric fireplace, wood floors throughout and much more. The open-concept living space offers an expanded gourmet kitchen with the living and dining areas overlooking the beautiful Pacific ocean. This kitchen has an abundance of cabinetry, a wine fridge and stainless steel appliances. Views of the Pacific continue in the primary suite and also from the secondary bedroom. Primary bedroom has spacious walk-in closet, and a lovely updated bathroom. Ocean view outdoor spaces include a generous front patio ideal for entertaining or dining al fresco with family and friends, as well as a spacious balconies from the bedrooms where you can relax and fully appreciate the ocean and sunset views. Tandem car garage provides plenty of space for your vehicle and storage. The well-maintained Ocean Plaza complex features outdoor spa, huge swimming pool, ocean view deck, clubhouse and gym. HOA paid by owner includes internet, basic cable, water and waste disposal. This location is a short walk to Redondo Pier, best beaches of Redondo, Hermosa, Manhattan, and the Riviera village with an array of shops and restaurants.

Last Agent to Rent the Property

martha alonso

Estate Properties Brokerage Phone: 310 901-8670 License #01313095 Listed on: 08/21/2025

Estate Properties

Last Renter's Agent

martha alonso

Estate Properties Brokerage Phone: 310 901-8670 License #01313095 Listed on: 08/21/2025

Estate Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,452

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • Two or More Common Walls

Parking

  • 2 Car Garage
  • Parking Available
  • Tandem Garage
  • Garage Door Opener
  • Controlled Entrance
  • Community Parking Structure

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Views of a pier
  • City Lights

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Track Lighting
  • Electric Fireplace
  • Custom Window Coverings
  • Window Screens
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Sauna
  • Wood Flooring
  • Closed Circuit Camera

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Living Room Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Space Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $10,000
  • Rent includes cable TV, gardener, pool, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 8/25/21
  • Tax Lot 1
  • Tax Tract Number 30930
  • Assessor Parcel Number 7508027038

Community Details

Overview

  • Property has a Home Owners Association
  • $400 HOA Transfer Fee
  • 80 Units

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Gated Community
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$9,452

Year Built

Built in 1974

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-08-25
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 10000
  • Furnished: Unfurnished
  • Total Move In Costs: 10400.00
  • Transfer Fees: 400.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Gated Community
  • View: Yes
  • Zoning: RBMDR*
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7508027038
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1246.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting, Track Lighting, Unfurnished
  • Stories: 2
  • Entry Location: Elevator
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room, Electric
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 5.22
  • Room Type: All Bedrooms Up, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite, Sauna, Walk-In Closet
  • Spa Features: Association
  • Window Features: Custom Covering, Screens

Exterior Features

  • Patio: Yes
  • View: City Lights, Coastline, Marina, Ocean, Pier, White Water
  • Patio And Porch Features: Covered, Patio, Tile
  • Pool Features: Association
  • Pool Private: No
  • Roof: Flat
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Garage Door Opener, Subterranean, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
  • Heating Type: Electric, Space Heater
  • Laundry Features: Dryer Included, In Closet, Washer Included
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Sauna, Gym/Ex Room, Clubhouse, Billiard Room
  • Senior Community: No
  • Community Features: Curbs, Park, Street Lights

Schools

  • School District: Redondo Unified

Lot Info

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

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 24169.0000 Square Feet
  • Management Co: CIS
  • Management Co Phone: 310-878-8789
  • Number Of Units In Community: 80
  • Number Of Units Total: 80
  • Rent Includes: Cable TV, Gardener, Pool, Sewer, Trash Collection, Water
  • Waterfront Features: Beach Access, Beach Front, Ocean Front

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
Apr 15, 2016
Sold by
Chopra Arjun Kumar
Bought by
Chopra Arjun Kumar and Arjun K Chopra Separate Property Trust
Current Estimated Value
$1,488,264

Purchase Details

Listed on
May 22, 2015
Closed on
Jun 19, 2015
Sold by
U S Bank National Association
Bought by
Chopra Arjun
Seller's Agent
James Dunn
eXp Realty of California Inc
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$734,800
Sold Price
$715,050
Premium/Discount to List
-$19,750
-2.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.43%

Purchase Details

Closed on
May 1, 2015
Sold by
Herzog Ana K
Bought by
Bank National Association

Purchase Details

Closed on
Sep 14, 2002
Sold by
Reece Liu Jean Quan
Bought by
Herzog Anna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.91%

Purchase Details

Closed on
Apr 20, 1999
Sold by
Reece Thomas F
Bought by
Reece Liu Jean Quan

Purchase Details

Closed on
Apr 19, 1999
Sold by
Quan Suey Y
Bought by
Reece Liu Jean Quan and Herzog Anna K

Purchase Details

Closed on
Mar 6, 1997
Sold by
Quan Suey Y
Bought by
Reece Thomas F and Reece Liu Jean Quan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,500
Interest Rate
3.95%

Purchase Details

Closed on
Dec 30, 1994
Sold by
Quan Suey Y
Bought by
Quan Suey Yip and Herzog Anna K

Purchase Details

Closed on
Jul 28, 1994
Sold by
Cenfed
Bought by
Quan Suey Yip and Reece Thomas F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
9.1%

Purchase Details

Closed on
Dec 9, 1993
Sold by
United California Financial Corp
Bought by
United California Svgs Bank
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
Chopra Arjun Kumar -- None Available
Chopra Arjun $715,500 Title365
Bank National Association $979,215 None Available
Herzog Anna K -- Southland Title Corporation
Reece Liu Jean Quan -- --
Reece Liu Jean Quan -- --
Reece Thomas F -- Orange Coast Title
Quan Suey Yip -- --
Quan Suey Yip $235,000 Continental Lawyers Title Co
United California Svgs Bank $197,558 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herzog Anna K $315,000
Previous Owner Reece Thomas F $253,500
Previous Owner Quan Suey Yip $188,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/24/2025 09/24/25 Rented $6,500 -3.7% --
09/22/2025 09/22/25 Off Market $6,750 -- --
08/21/2025 08/21/25 For Rent $6,750 +10.7% --
03/23/2024 03/23/24 Rented $6,095 +1.7% --
03/11/2024 03/11/24 Price Changed $5,995 -3.3% $5 / Sq Ft
02/23/2024 02/23/24 Price Changed $6,200 -4.6% $5 / Sq Ft
01/16/2024 01/16/24 For Rent $6,500 +20.4% --
09/12/2021 09/12/21 Rented $5,400 0.0% --
09/01/2021 09/01/21 Price Changed $5,400 -10.0% $4 / Sq Ft
08/24/2021 08/24/21 For Rent $6,000 0.0% --
07/28/2015 07/28/15 Sold $715,050 -2.7% $574 / Sq Ft View Prior Sale
06/18/2015 06/18/15 Pending -- -- --
05/22/2015 05/22/15 For Sale $734,800 -- $590 / 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 $9,452 $846,406 $546,673 $299,733
2024 $9,452 $829,810 $535,954 $293,856
2023 $9,280 $813,541 $525,446 $288,095
2022 $9,157 $797,591 $515,144 $282,447
2021 $8,982 $781,953 $505,044 $276,909
2019 $8,808 $758,762 $490,065 $268,697
2018 $8,618 $743,885 $480,456 $263,429
2016 $8,353 $715,000 $461,800 $253,200
2015 $8,773 $755,804 $652,787 $103,017
2014 $8,656 $741,000 $640,000 $101,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25189371

California Regional Multiple Listing Service (CRMLS)

APN: 7508-027-038