NOT LISTED FOR SALE

575 Esplanade Unit 306 Redondo Beach, CA 90277

Estimated Value: $1,806,000 - $1,895,000

2 Beds
2 Baths
1,559 Sq Ft
$675/ mo HOA Fee

Last Sold May 16, 2017

Last sale price $1,330,000 $853 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $11,768/month

45 Days on Market

Highlights

  • Ocean View
  • 20,054 Sq Ft lot
  • Furnished
  • Alta Vista Elementary School Rated A+
  • Contemporary Architecture
  • Air Conditioning

About This Home

As of May 2017

Welcome to the Penthouse of Esplanade. Steps to the ocean with panoramic harbor, ocean and surf line views of Malibu to Palos Verdes from your living and master bedroom. The unit was previously remodeled with top-of-the line appliances, built in kitchen-net, double ovens, wine refrigerator, a pull out pantry with spice rack and solid maple frosted cabinets. The best unit in the building with the professional amenities for a resort lifestyle steps away to the beach and walks away from The Pier.

Last Agent to Sell the Property

Stephany Chen

Compass License #01939248 Listed on: 02/17/2017

Compass

Co-Listed By

Ying Ye

Signature One Realty Grp, Inc License #01878042

Last Buyer's Agent

Islina Abdullah

License #01502648

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 0.46

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Contemporary Architecture
  • Entry on the 5th floor

Interior Spaces

  • 1,559 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Dining Room
  • Carpet
  • Ocean Views
  • Dishwasher
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Conditioning

Listing and Financial Details

  • Assessor Parcel Number 7508-003-100

Community Details

Overview

  • 21 Units

Pet Policy

  • Pets Allowed

Additional Features

  • Community Barbecue Grill
  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0.46 Acres

HOA Fees

$675 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Esplanade
  • Entry Floor: 5
  • Living Area: 1559
  • Planned Urban Dev: 0
  • Stories: 1
  • Year Built: 1974
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Carpet
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher
  • Price Per S Q F T: 891.60

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Carport

Utilities

  • Cooling: Air Conditioning
  • Security: Community

Association/Amenities

  • Amenities: Assoc Barbecue
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 675.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 7508-003-100
  • Geocode Override: No
  • Lot Size Area: 20054

Rental Info

  • Furnished: Furnished

Multi Family

  • Number Of Units: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2024
Sold by
Simon C Lau And Alexis K Lau Living Trus
Bought by
Peter G Jensen And Alexis M Jensen Revocable and Jensen
Current Estimated Value
$1,852,527

Purchase Details

Closed on
Mar 10, 2019
Sold by
Jensen Alexis M and Jensen Peter G
Bought by
Lau Alexis K and Lau Simon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 7, 2018
Sold by
Jensen Peter G and Jensen Alexis M
Bought by
Jensen Peter G and Jensen Alexis M

Purchase Details

Listed on
Feb 17, 2017
Closed on
Apr 19, 2017
Sold by
Peng Hongbin and The Peng Xiao Living Trust
Bought by
Jensen Peter G and Jensen Alexis M
Seller's Agent
Stephany Chen
Compass
Buyer's Agent
Islina Abdullah
List Price
$1,390,000
Sold Price
$1,330,000
Premium/Discount to List
-$60,000
-4.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.81%
Original Mortgage
$864,500
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 7, 2016
Closed on
Mar 25, 2016
Sold by
Frederic Marc K and The Frederic Family Trust
Bought by
Peng Hongbin and The Peng Xiao Living Trust
Seller's Agent
Gaylan King
The Realestate Group
Buyer's Agent
Out of Area South Bay
SOUTH BAY AOR
List Price
$1,339,000
Sold Price
$1,280,000
Premium/Discount to List
-$59,000
-4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.54%

Purchase Details

Closed on
Aug 5, 2013
Sold by
Frederic Marc K and Frederick Gaylan King
Bought by
Frederic Marc K and Frederick Family Trust

Purchase Details

Closed on
Dec 12, 2002
Sold by
Frederic Marc K and Frederic Family Trust
Bought by
Frederic Marc K and Frederic Gaylan King

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.03%

Purchase Details

Closed on
Dec 10, 1998
Sold by
Gaylan Frederic Marc K and Gaylan Frederic
Bought by
King Frederic Gaylan and The 1990 Gaylan King Frederic
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 Buyer Sale Price Title Company
Peter G Jensen And Alexis M Jensen Revocable -- Accommodation/Courtesy Recordi
Lau Alexis K $1,330,000 First American Title
Jensen Peter G -- None Available
Jensen Peter G $1,330,000 Fidelity National Title Co
Peng Hongbin $1,280,000 Ticor Title Company
Frederic Marc K -- None Available
Frederic Marc K -- First American Title Co
King Frederic Gaylan -- --
Frederic Marc K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lau Alexis K $80,000
Previous Owner Jensen Peter G $864,500
Previous Owner Frederic Marc K $300,700
Closed Frederic Marc K $144,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2017 05/16/17 Sold $1,330,000 -4.3% $853 / Sq Ft
02/17/2017 02/17/17 For Sale $1,390,000 +8.6% $892 / Sq Ft
04/08/2016 04/08/16 Sold $1,280,000 -4.4% $821 / Sq Ft View Prior Sale
02/23/2016 02/23/16 Pending -- -- --
02/07/2016 02/07/16 For Sale $1,339,000 +4.6% $859 / Sq Ft
01/06/2016 01/06/16 Off Market $1,280,000 -- --
11/12/2015 11/12/15 Price Changed $1,339,000 -3.6% $859 / Sq Ft
10/21/2015 10/21/15 Price Changed $1,389,000 -7.3% $891 / Sq Ft
10/09/2015 10/09/15 For Sale $1,499,000 -- $962 / Sq Ft
Source: The MLS

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 $16,184 $1,805,400 $1,428,000 $377,400
2024 $16,184 $1,454,546 $436,363 $1,018,183
2023 $15,879 $1,426,026 $427,807 $998,219
2022 $15,664 $1,398,066 $419,419 $978,647
2021 $15,325 $1,370,654 $411,196 $959,458
2020 $15,349 $1,356,600 $406,980 $949,620
2019 $15,620 $1,383,732 $416,160 $967,572
2018 $15,265 $1,356,600 $408,000 $948,600
2016 $11,044 $975,144 $585,090 $390,054
2015 $10,836 $960,498 $576,302 $384,196
2014 $10,684 $941,685 $565,014 $376,671
Source: Public Records

Agents Affiliated with this Home

  • Stephany Chen

    Seller's Agent in 2017

    Stephany Chen

    Compass

    (310) 800-7694

    24 Total Sales

    Stephany Chen
    Section Image
  • Ying Ye

    Seller Co-Listing Agent in 2017

    Ying Ye

    Signature One Realty Grp, Inc

    (626) 789-4846

    19 Total Sales

    Ying Ye
    Section Image

  • I

    Buyer's Agent in 2017

    Islina Abdullah

  • G

    Seller's Agent in 2016

    Gaylan King

    The Realestate Group

  • M

    Seller Co-Listing Agent in 2016

    Mickey Turner

    RE/MAX

    Section Image

  • O

    Buyer's Agent in 2016

    Out of Area South Bay

    CRMLS

See All Agents

Map

Source: The MLS

MLS Number: 17-203212

The MLS

APN: 7508-003-100

California Los Angeles County Redondo Beach 90277

575 Esplanade Unit 306, Redondo Beach, CA

Not Listed for Sale

Condos

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