NOT LISTED FOR SALE

Ocean Plaza 531 Esplanade Unit 708 Redondo Beach, CA 90277

Estimated Value: $1,243,917 - $1,453,000

2 Beds
2.5 Baths
1,246 Sq Ft
$736/ mo HOA Fee

Last Sold July 24, 2024

Last sale price $1,340,000 $1,075 Per Sq Ft

Current estimated payment $8,086/month

64 Days on Market

Highlights

  • Beach Front
  • White Water Ocean Views
  • In Ground Pool
  • Alta Vista Elementary School Rated A+
  • Property has ocean access
  • 0.56 Acre Lot

About This Home

As of July 2024

This Unit Originally was a Two Bedroom, which was converted to a Large One Bedroom with Two Bathrooms and Two Closets Offering Separate Areas. The Wall could be put back up to turn it back into the Original Two Bedrooms. This Oceanfront, Panoramic View, Condominium is located in The Tallest Building On The South Redondo Oceanfront. There are Panoramic Whitewater Views of The Ocean and Coastline all the way to Palos Verdes and Catalina. There are Full Walls of Sliding Windows on Both Levels from the Living Room and the Master Bedroom which Opens to Large Balcony/Decks with Stunning Views and Ocean Breezes. The Spacious Living Room is Flooded with Light and can Accomodate a Large Living Room Suite And Dining Table Adjacent to the Kitchen. There is also a Guest Bathroom off of The Living Room. The Ocean Plaza Development is a Highly Secure Building Located Near The Pier, The International Boardwalk, The Harbor, The Breakwater, The Bike Path and The Beach. There are Many Fine Restaurants, Entertainment Venues and Shopping Just Steps Away. Ocean Plaza has Many Amenities including Direct Beach Access from The Garage, an Outdoor Pool, Spa with a Large Pano Ocean View Deck and a Roof Top Gym. There is also a Party/Event Room with a Pool Table, Bath Rooms and Kitchen Facilites. There is Secure Subterranean Parking with Two Parking Spaces for The unit and Stroage. Enjoy the Vacation Like Setting and Coastal Lifestyle Every Day At The Beach...

Last Agent to Sell the Property

Jon Coleman

Beach City Brokers Brokerage Phone: 310-991-0929 License #00808758 Listed on: 05/04/2024

Beach City Brokers

Last Buyer's Agent

Jesse Dougherty

Compass License #01949609

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Tandem Garage

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Turnkey

Interior Spaces

  • 1,246 Sq Ft Home
  • Open Floorplan
  • Living Room with Attached Deck
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Linen Closet In Bathroom
  • Closet In Bathroom

Home Security

Outdoor Features

  • Property has ocean access
  • Balcony
  • Patio
  • Exterior Lighting

Additional Features

  • In Ground Spa
  • Suburban Location
  • Heating Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30930
  • Assessor Parcel Number 7508027061
  • $356 per year additional tax assessments

Community Details

Overview

  • 80 Units
  • 531 Esplanade Association, Phone Number (310) 878-8789
  • 9-Story Property

Amenities

  • Recreation Room
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0.56 Acres

HOA Fees

$736 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: RBMDR*
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7508027061
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1246.00 Square Feet
  • Interior Amenities: Balcony, Living Room Deck Attached, Open Floorplan
  • Stories: 9
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1075.44
  • Room Type: All Bedrooms Up
  • Spa Features: Association, Community, In Ground
  • Bathroom Features: Bathtub, Shower In Tub, Closet In Bathroom, Linen Closet/Storage, Vanity Area

Exterior Features

  • Patio: Yes
  • View: Catalina, Coastline, Ocean, Panoramic, Water, White Water
  • Patio And Porch Features: Deck
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Unknown

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Subterranean, Tandem Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Trash Compactor
  • Heating Type: Electric
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Recreation Room
  • Association Fee: 695.00
  • Association #2 Fee: 495.00
  • Association #2 Fee Frequency: Annually
  • Association Fee Frequency: Monthly
  • Association Name: 531 Esplanade
  • Phone: 310-878-8789
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights, Suburban
  • Association Management: 531 Esplanade

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 24174.00
  • Lot Size Acres: 0.5550
  • Latitude Manual: 33.83519900

Multi Family

  • Lease Considered: No
  • Lot Size Area: 24174.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 80
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 1
  • Tax Tract Number: 30930
  • TaxOtherAnnualAssessmentAmount: 356.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2024
Closed on
Jul 10, 2024
Sold by
Schultz Family Trust and Igo Roy L
Bought by
Combs Craig
Seller's Agent
Jon Coleman
Beach City Brokers
Buyer's Agent
Jesse Dougherty
Compass
List Price
$1,795,000
Sold Price
$1,340,000
Premium/Discount to List
-$455,000
-25.35%
Views
55
Current Estimated Value
$1,336,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,771
Avg. Annual Appreciation
-0.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Combs Craig $1,340,000 Provident Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/24/2024 07/24/24 Sold $1,340,000 -16.0% $1,075 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
06/19/2024 06/19/24 Price Changed $1,595,000 -5.9% $1,280 / Sq Ft
05/28/2024 05/28/24 Price Changed $1,695,000 -5.6% $1,360 / Sq Ft
05/04/2024 05/04/24 For Sale $1,795,000 -- $1,441 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $3,856 $721,624 $420,129 $301,495
2024 $3,856 $318,588 $103,533 $215,055
2023 $3,782 $312,342 $101,503 $210,839
2022 $3,735 $306,218 $99,513 $206,705
2021 $3,691 $300,214 $97,562 $202,652
2019 $3,623 $291,312 $94,669 $196,643
2018 $3,547 $285,601 $92,813 $192,788
2016 $3,432 $274,512 $89,210 $185,302
2015 $3,372 $270,389 $87,870 $182,519
2014 $3,336 $265,093 $86,149 $178,944
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB24082834

California Regional Multiple Listing Service (CRMLS)

APN: 7508-027-061

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