NOT LISTED FOR SALE

Ocean Plaza 531 Esplanade Unit 716 Redondo Beach, CA 90277

Redondo Beach Area

Estimated Value: $1,502,000 - $2,574,363

3 Beds
3 Baths
1,627 Sq Ft
0.55 Acre Lot

Sale Details

Date Sold: October 16, 2023

Last sale price $2,595,000 $1,595 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $15,696 / mo

4 Days on Market

Highlights

  • Ocean View
  • 24-Hour Security
  • Primary Bedroom Suite
  • Fitness Center
  • In Ground Pool
  • 0.55 Acre Lot

About This Home

As of October 2023

Come experience breathtaking views of the Pacific Ocean from your luxurious 3 bedroom condo in South Redondo Beach. Enjoy the convenience of being steps from the ocean, restaurants and Redondo Beach Pier. Our tallest building in South Redondo Beach features a penthouse-style condo with one of the largest floor plans at Ocean Plaza. Every room in the condo features a Pacific Ocean view as a backdrop. The updated kitchen includes top-of-the-line Sub Zero and Viking range appliances. The primary suite upstairs features a spa-like bathroom. Ocean Plaza offers controlled access, two parking spots, storage, a gym, a pool, and direct access from the garage to the beach and bike path. Make your home in this exclusive and classy unit! *Some photos have been virtually staged*

Last Agent to Sell the Property

Dominic Kennedy

Christie's International Real Estate SoCal License #02083855 Listed on: 09/27/2023

Christie's International Real Estate SoCal

Co-Listed By

Kirby Gillon

Christie's International Real Estate SoCal License #01960253

Last Buyer's Agent

Christine Anderson

Strand Hill Properties License #02025722

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 0.55

HOA Fees

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Mountain

Home Design

  • Traditional Architecture
  • Entry on the 7th floor

Interior Spaces

  • 1,627 Sq Ft Home
  • 2-Story Property
  • Living Room Balcony
  • Den
  • Library

Kitchen

  • Breakfast Bar
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Powder Room
  • 3 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Stacked Washer and Dryer Hookup

Parking

  • Tandem Parking
  • Automatic Gate

Pool

  • In Ground Pool
  • Spa

Utilities

  • Space Heater

Listing and Financial Details

  • Assessor Parcel Number 7508-027-057

Community Details

Overview

  • 80 Units
  • Association Phone (310) 878-8789

Amenities

  • Sundeck
  • Community Barbecue Grill
  • Clubhouse
  • Banquet Facilities
  • Billiard Room
  • Meeting Room

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0.55 Acres

HOA Fees

$706 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: Two
  • Street Number Display: Yes
  • Complex Name: 531 Esplanade HOA
  • Entry Floor: 7
  • Entry Location: Foyer
  • Exclusions: Chandeliers (other light fixtures will be installed)
  • Living Area: 1627
  • Lot Acreage: 0.5548
  • Planned Urban Dev: 0
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Laundry - Closet Stacked
  • Flooring: Hardwood, Carpet
  • Appliances: Convection Oven, Range
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Master Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Breakfast Counter / Bar
  • Laundry: Laundry Closet Stacked, On Upper Level
  • Total Bathrooms: 3.00
  • Equipment: Garbage Disposal, Microwave, Dishwasher, Refrigerator, Range/Oven, Stackable W/D Hookup
  • Inclusions: W/D, Appliances
  • Price Per S Q F T: 1594.96

Exterior Features

  • Patio: Living Room Balcony
  • Pool Description: In Ground, Association Pool
  • Pool: Yes
  • Spa: Association Spa, Community
  • Spa Yn: Yes
  • View: Coastline, Panoramic, Mountains, Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Tandem

Utilities

  • Heating: Electric, Space Heater
  • Security: Automatic Gate, Card/Code Access

Association/Amenities

  • Amenities: Assoc Barbecue, Banquet, Billiard Room, Clubhouse, Exercise Room, Fitness Center, Pool, Security, Spa, Sun Deck, Meeting Room
  • Pet Rules: Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Annually
  • HOA Fees: 665.00
  • Phone: 3108788789|
  • HOA Fees: 495.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7508-027-057
  • Lot Size Area: 24169

Multi Family

  • Number Of Units: 80

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2023
Closed on
Oct 5, 2023
Sold by
Bought by
Seller's Agent
Dominic Kennedy
Christie's International Real Estate SoCal
Buyer's Agent
Christine Anderson
Strand Hill Properties
List Price
$2,595,000
Sold Price
$2,595,000
Views
34
Current Estimated Value
$2,266,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$328,659
Avg. Annual Appreciation
-4.72%

Purchase Details

Closed on
Jul 8, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 2000
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Redondo Beach, CA

  • David J Veerman Real Estate Agent - Estate Properties

    David J Veerman

    Estate Properties

    (424) 403-2605

    45 Total Sales

    5 in Redondo Beach

    $550K - $1.7M Price Range

    David J Veerman
     Section Image
  • Charlie Raine Real Estate Agent - Coastal Legacy Realty Group

    Charlie Raine

    Coastal Legacy Realty Group

    (833) 922-2794

    29 Total Sales

    1 in Redondo Beach

    $3,510,000 Price

    Charlie Raine
     Section Image
  • Sandy Bruce Real Estate Agent - Estate Properties

    Sandy Bruce

    Estate Properties

    (424) 380-7740

    77 Total Sales

    3 in Redondo Beach

    $705K - $1.4M Price Range

    Sandy Bruce
     Section Image
  • Victoria Waldorf Real Estate Agent - Equity Union

    Victoria Waldorf

    Equity Union

    (747) 293-4720

    88 Total Sales

    1 in Redondo Beach

    $1,100,000 Price

    Victoria Waldorf
     Section Image
  • Henry Nunez Real Estate Agent - Henry Nunez Real Estate

    Henry Nunez

    Henry Nunez Real Estate

    (626) 600-0657

    18 Total Sales

    1 in Redondo Beach

    $3,575,000 Price

    Henry Nunez
     Section Image
  • Rene Perez Real Estate Agent - CONTEXTRE

    Rene Perez

    CONTEXTRE

    (707) 873-7840

    44 Total Sales

    1 in Redondo Beach

    $2,250,000 Price

    Rene Perez
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- California Best Title
$2,595,000 California Best Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $30,000
Previous Owner $1,300,000
Previous Owner $260,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/16/2023 10/16/23 Sold $2,595,000 0.0% $1,595 / Sq Ft
10/01/2023 10/01/23 Pending -- -- --
09/27/2023 09/27/23 For Sale $2,595,000 -- $1,595 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $30,119 $2,646,900 $2,303,874 $343,026
2024 $28,837 $2,595,000 $2,258,700 $336,300
2023 $10,002 $883,963 $357,757 $526,206
2022 $9,868 $866,632 $350,743 $515,889
2021 $9,671 $849,640 $343,866 $505,774
2019 $9,482 $824,441 $333,668 $490,773
2018 $9,275 $808,276 $327,126 $481,150
2016 $8,983 $776,891 $314,424 $462,467
2015 $8,816 $765,223 $309,702 $455,521
2014 $8,697 $750,234 $303,636 $446,598
Source: Public Records

Agents Affiliated with this Home

  • Dominic Kennedy Real Estate Agent - Christie's International Real Estate SoCal

    Seller's Agent in 2023

    Dominic Kennedy

    Christie's International Real Estate SoCal

    (310) 871-6089

    33 Total Sales

    Dominic Kennedy
    Section Image
  • Kirby Gillon Real Estate Agent - Christie's International Real Estate SoCal

    Seller Co-Listing Agent in 2023

    Kirby Gillon

    Christie's International Real Estate SoCal

    (310) 729-9977

    67 Total Sales

    Kirby Gillon
    Section Image
  • Christine Anderson Real Estate Agent - Strand Hill Properties

    Buyer's Agent in 2023

    Christine Anderson

    Strand Hill Properties

    (310) 750-5614

    15 Total Sales

    Christine Anderson
    Section Image
See All Agents

About Ocean Plaza

Map

Source: The MLS

MLS Number: 23-313509

The MLS

APN: 7508-027-057

California Los Angeles County Redondo Beach 90277

531 Esplanade Unit 716, Redondo Beach, CA

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 MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.