Seller's Agent in 2024
Frances Baldwin
Excel Funding Real Estate Services, Inc.
(310) 245-5626
1 in this area
52 Total Sales
Ocean Plaza 531 Esplanade Unit 916 Redondo Beach, CA 90277
Estimated Value: $2,527,000 - $3,278,000
2
Beds
2.5
Baths
1,627
Sq Ft
24,176
Sq Ft Lot
Highlights
- Ocean Front
- No Units Above
- Community Pool
- Alta Vista Elementary School Rated A+
- 0.56 Acre Lot
- 2 Car Direct Access Garage
About This Home
As of March 2024Discover the epitome of coastal living in this luxurious 2-bedroom 3-bath penthouse, poised to offer you unparalleled vistas of the majestic Pacific Ocean. Nestled in the heart of South Redondo Beach, this residence ensures you're just moments away from the ocean's beauty, a diverse culinary scene, and the iconic Redondo Beach Pier.
Elevating your lifestyle to new heights, this penthouse is situated in the tallest building in South Redondo Beach and boasts one of the most expansive floor plans within Ocean Plaza. Every room in this condo is thoughtfully designed to frame the Pacific Ocean as your ever-changing backdrop, creating an atmosphere of perpetual coastal charm.
The primary suite on the upper level is a true retreat, with access to the rooftop and a spa-like bathroom that invites relaxation and indulgence. Ocean Plaza offers not only controlled access for your peace of mind but also provides two side by side parking spaces (#27 and 32), additional storage locker located adjacent to the elevators on parking level G3, a well-equipped gym, a refreshing pool, and seamless access from the garage to the beach and the adjacent bike path.
This exclusive and sophisticated unit invites you to call it home. Elevate your lifestyle by making this classy penthouse your new address and immerse yourself in the allure of coastal living.
Last Agent to Sell the Property
Excel Funding Real Estate Services, Inc. License #01194971 Listed on: 11/03/2023
Property Details
Home Type
- Condominium
Year Built
- Built in 1974
Lot Details
- Ocean Front
- No Units Above
- End Unit
- 1 Common Wall
HOA Fees
- $695 Monthly HOA Fees
Parking
- 2 Car Direct Access Garage
- Parking Available
- Side Facing Garage
- Assigned Parking
- Controlled Entrance
- Community Parking Structure
Property Views
- Ocean
- Coastline
- Panoramic
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,627 Sq Ft Home
- Formal Entry
- Living Room with Fireplace
- Carpet
Kitchen
- Electric Oven
- Electric Range
Bedrooms and Bathrooms
- 2 Bedrooms
- All Upper Level Bedrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Outdoor Features
- Patio
- Exterior Lighting
- Rooftop Access
Utilities
- Central Heating
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 30930
- Assessor Parcel Number 7508027073
- $381 per year additional tax assessments
Community Details
Overview
- 80 Units
- Common Interest Services Inc. Association, Phone Number (310) 878-8789
- 10-Story Property
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2023
Closed on
Feb 16, 2024
Sold by
Kram Harry B and Kram Leah C
Bought by
Long Dennis R and Rottach Valerie I
Seller's Agent
Frances Baldwin
Excel Funding Real Estate Services, Inc.
List Price
$3,500,000
Sold Price
$3,200,000
Premium/Discount to List
-$300,000
-8.57%
Views
105
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$283,605
Avg. Annual Appreciation
-4.51%
Purchase Details
Closed on
Dec 27, 2004
Sold by
Thomas Allan R and Thomas Gloria J
Bought by
Kram Harry B
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.45%
Mortgage Type
Negative Amortization
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Long Dennis R | $3,200,000 | Fidelity National Title | |
| Kram Harry B | -- | Alliance Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kram Harry B | $1,360,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/19/2024 03/19/24 | Sold | $3,200,000 | -1.5% | $1,967 / Sq Ft |
| 02/15/2024 02/15/24 | Pending | -- | -- | -- |
| 01/30/2024 01/30/24 | Price Changed | $3,250,000 | -7.1% | $1,998 / Sq Ft |
| 11/03/2023 11/03/23 | For Sale | $3,500,000 | -- | $2,151 / 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 | $18,418 | $3,264,000 | $2,652,000 | $612,000 |
| 2024 | $18,418 | $1,645,000 | $919,300 | $725,700 |
| 2023 | $18,427 | $1,645,000 | $919,300 | $725,700 |
| 2022 | $16,736 | $1,482,000 | $828,200 | $653,800 |
| 2021 | $15,846 | $1,405,000 | $785,100 | $619,900 |
| 2019 | $16,000 | $1,405,000 | $785,100 | $619,900 |
| 2018 | $15,956 | $1,405,000 | $785,100 | $619,900 |
| 2016 | $16,000 | $1,405,000 | $785,100 | $619,900 |
| 2015 | $15,189 | $1,338,000 | $747,700 | $590,300 |
| 2014 | $15,267 | $1,338,000 | $747,700 | $590,300 |
Source: Public Records
Agents Affiliated with this Home
-
Frances Baldwin
About Ocean Plaza
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB23202672
APN: 7508-027-073
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 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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