$1,570,500
SOLD APR 23, 2025

Ocean Plaza 531 Esplanade Unit 913 Redondo Beach, CA 90277

2 Beds
1.5 Baths
1,246 Sq Ft
$778/mo HOA Fee

Recently Sold

$1,260 Per Sq Ft

10% Below List Price

32 Days on Market

Highlights

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

About This Home

As of April 2025

Life is good when you live on the beach. It’s even better when you’re living it on the top floor of the tallest residential beachfront building in the beach cities. It's all about the views and these are forever! The ocean, sand, sunset, harbor, city and mountain views from this updated 2 bed, 2 bath townhome-style waterfront condo are simply breathtaking. This 9th floor penthouse is perfect for those looking for the ultimate beachside living experience. Just steps away from the famous sand and surf of Redondo Beach, ‘Ocean Plaza’ is also conveniently located just minutes from the shopping, dining, and entertainment hub of Redondo Beach. Enjoy amenities such as pool, spa, gym, rec room, secured parking and building security. This condo provides just about everything you need to enjoy the ultimate beach life with views that will make you never want to leave home..

Last Agent to Sell the Property

Jeremy Shelton

Pacifica Properties Group, Inc. Brokerage Phone: 310-245-3705 License #01416145 Listed on: 03/05/2025

Last Buyer's Agent

Noemi Gernyi-Cser

DOMO Real Estate License #02039288

DOMO Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • Two or More Common Walls

HOA Fees

  • $778 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Assigned Parking

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Harbor

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,246 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Living Room Balcony
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Dual Vanity Sinks in Primary Bathroom

Home Security

Outdoor Features

  • Spa
  • Patio

Location

  • Urban Location

Utilities

  • Heating Available
  • No Utilities

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30930
  • Assessor Parcel Number 7508027071
  • Seller Considering Concessions

Community Details

Overview

  • 80 Units
  • 531 Esplanade Association, Phone Number (310) 245-3705

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Laundry Facilities
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0

HOA Fees

$778 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Fire Sprinkler System
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7508027071
  • Year Built: 1974
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1246.00 Square Feet
  • Interior Amenities: Elevator, Granite Counters, Living Room Balcony, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1260.43
  • Room Type: Kitchen, Living Room
  • Spa Features: Association, Community
  • Bathroom Features: Double Sinks In Primary Bath
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Coastline, Harbor, Marina, Ocean, White Water
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: None
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Gym/Ex Room
  • Association Fee: 778.00
  • Association Fee Frequency: Monthly
  • Association Name: 531 Esplanade Association
  • Phone: 3102453705
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban
  • Association Management: 531 Esplanade Association

Lot Info

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

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 Front

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 30930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2025
Closed on
Apr 14, 2025
Sold by
Pprf Reit Llc
Bought by
John Walt Living Trust and Walt
Seller's Agent
Jeremy Shelton
Pacifica Properties Group, Inc.
Buyer's Agent
Noemi Gernyi-Cser
DOMO Real Estate
List Price
$1,750,000
Sold Price
$1,570,500
Premium/Discount to List
-$179,500
-10.26%
Views
29
Current Estimated Value
$1,634,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,247
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,099,350
Outstanding Balance
$1,090,468
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$544,279

Purchase Details

Closed on
Jun 7, 2024
Sold by
California Td Specialists Llc
Bought by
Pprf Reit Llc

Purchase Details

Closed on
Jun 4, 2024
Sold by
California Td Specialists Llc
Bought by
Pprf Reit Llc

Purchase Details

Closed on
Dec 18, 2023
Sold by
Mizrahi Eric
Bought by
Jooblay Us Ca Legal Llc

Purchase Details

Listed on
Feb 15, 2022
Closed on
May 19, 2022
Sold by
Kevin Singer
Bought by
Mizrahi Eric
Seller's Agent
Robert Maynard
Compass
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,299,000
Sold Price
$1,827,000
Premium/Discount to List
$528,000
40.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%
Original Mortgage
$1,400,000
Interest Rate
5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 20, 2019
Sold by
Mizrahi Brigitte
Bought by
Mizrahi Brigitte and Brigitte Mizrahi Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 18, 2017
Sold by
Mizrahi Aimee
Bought by
Mizrahi Aimee and The Aimee Mizrahi Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,150
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2005
Sold by
Mizrahi Aimee
Bought by
Mizrahi Aimee and Aimee Mizrahi Declaration Of Trust

Purchase Details

Closed on
Mar 14, 2001
Sold by
Shin Shin Company Ltd
Bought by
Mizrahi Aimee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
7.09%

Purchase Details

Closed on
Sep 7, 1995
Sold by
Mix Terence J and Mix Janet L
Bought by
Shin Shin Company Ltd

Purchase Details

Closed on
Oct 28, 1993
Sold by
Adams James H
Bought by
Mix Terence J and Mix Janet L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Grant Deed $1,570,500 First American Title Company
Trustee Deed $1,250,000 --
Trustee Deed $1,250,000 --
Grant Deed -- Accommodation/Courtesy Recordi
Grant Deed $1,827,000 Orange Coast Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $455,000 Fidelity Title
Grant Deed $350,000 First American Title Co
Grant Deed $350,000 Continental Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,099,350 New Conventional
Previous Owner $1,400,000 Construction
Previous Owner $100,000 Unknown
Previous Owner $636,150 New Conventional
Previous Owner $364,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2025 04/23/25 Sold $1,570,500 -7.3% $1,260 / Sq Ft
04/06/2025 04/06/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $1,695,000 -3.1% $1,360 / Sq Ft
03/05/2025 03/05/25 For Sale $1,750,000 -4.2% $1,404 / Sq Ft
05/26/2022 05/26/22 Sold $1,827,000 +40.6% $1,466 / Sq Ft View Prior Sale
03/08/2022 03/08/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $1,299,000 -- $1,043 / 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 $21,198 $1,887,000 $1,428,000 $459,000
2024 $21,198 $1,900,810 $1,560,600 $340,210
2023 $22,626 $1,863,540 $1,530,000 $333,540
2022 $7,485 $646,050 $435,911 $210,139
2021 $7,350 $633,383 $427,364 $206,019
2019 $7,209 $614,598 $414,689 $199,909
2018 $7,054 $602,548 $406,558 $195,990
2016 $6,836 $579,153 $390,772 $188,381
2015 $6,711 $570,455 $384,903 $185,552
2014 $6,624 $559,282 $377,364 $181,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25027473

California Regional Multiple Listing Service (CRMLS)

APN: 7508-027-071