NOT LISTED FOR SALE

727 Esplanade Unit 402 Redondo Beach, CA 90277

Redondo Beach Area

Estimated Value: $2,376,204

2 Beds
2.5 Baths
1,757 Sq Ft
0.46 Acre Lot

Sale Details

Date Sold: February 21, 2019

Last sale price $2,100,000 $1,195 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $14,838 / mo

Highlights

  • Beach Front
  • White Water Ocean Views
  • In Ground Spa
  • Alta Vista Elementary School Rated A+
  • Property has ocean access
  • No Units Above

About This Home

As of July 2019

THE CASTLE IN THE SKY, BUILT FOR A KING! Furnished rental available July 1st, possibly sooner. This envy of all locations, gives you endless breathtaking views that ascend over the beautiful town of South Redondo Beach to the hillside of Palos Verdes, which continues on to never ending skyline with panoramic ocean views that go beyond Point Vicente, Catalina, all the way out to Malibu and beyond! This fabulous penthouse is the very top southwest facing corner unit. There is no other condo complex or home peering in, giving you complete privacy 24/7.
Open floor plan. 1,757 sqft. 2 bedrooms + Loft/office and 2 1/4 Bathrooms.
The master ensuite has amazing ocean views and a balcony. 2 full bathrooms downstairs with a 1/4 Bath on the second level.
The kitchen was remodel for a master chef and the living room has a beautiful floor to ceiling gas fireplace and a wrap around balcony.
The second story welcomes you with exceptional ocean views and consist of an open loft/office with a large rear patio, gas BBQ and Storage.
This unit comes with a VIP parking spot, located right at the entrance of the lobby, along with 2 tandem parking places on all the first level garage. A total of 3 parking spaces. Direct beach access. Amenities include a dry sauna, private his & her bathrooms and showers.
Fully Furnished with New Furniture.
75" Screen T.V. with TIVO included.
Brand new Miele Washer and Dryer.
Monthly window cleaning is included.

Last Agent to Rent the Property

Lisa Moule

Vista Sotheby’s International Realty License #01870856 Listed on: 06/02/2019

Last Renter's Agent

Gary Elminoufi

Beach City Brokers License #01139207

Beach City Brokers

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • No Units Above
  • End Unit
  • Two or More Common Walls
  • West Facing Home

Parking

  • 3 Car Direct Access Garage
  • Attached Carport
  • Parking Available
  • Tandem Garage
  • Automatic Gate
  • Assigned Parking
  • Community Parking Structure

Property Views

  • White Water Ocean
  • Marina
  • Coastline
  • Bay
  • Views of a pier
  • Catalina
  • Panoramic
  • City Lights
  • Woods
  • Bluff
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,757 Sq Ft Home
  • Open Floorplan
  • Furnished
  • High Ceiling
  • Recessed Lighting
  • Track Lighting
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Home Office
  • Loft

Kitchen

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

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Mirrored Closets Doors
  • Remodeled Bathroom
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Outdoor Features

  • In Ground Spa
  • Property has ocean access
  • Ocean Side of Highway 1
  • Living Room Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $11,850
  • Rent includes association dues, gas, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/1/19
  • Tax Lot 1
  • Tax Tract Number 30197
  • Assessor Parcel Number 7508001048

Community Details

Overview

  • Property has a Home Owners Association
  • $250 HOA Transfer Fee
  • 32 Units
  • Scott Managment Association, Phone Number (310) 370-2696

Amenities

  • Laundry Facilities

Recreation

  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0.46 Acres

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2019-07-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 30
  • Deposit Security: 11850
  • Furnished: Furnished
  • Total Move In Costs: 19780.00
  • Transfer Fees: 250.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Monthly Window Cleaning!
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Zoning: RBMDR*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7508001048
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1757.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Living Room Balcony, Open Floorplan, Recessed Lighting, Track Lighting
  • Common Walls: 2+ Common Walls, End Unit, No One Above
  • Appliances: Yes
  • Full Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 4.50
  • Room Type: All Bedrooms Down, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Suite, Office, Walk-In Closet
  • Spa Features: Association, In Ground
  • Bathroom Features: Shower, Shower In Tub, Double Sinks In Master Bath, Remodeled, Walk-In Shower

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • View: Bay, Bluff, Catalina, City Lights, Coastline, Hills, Marina, Mountain(s), Neighborhood, Ocean, Panoramic, Pier, Trees/Woods, Water, White Water
  • Patio And Porch Features: Patio, Patio Open, Wrap Around
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Attached Carport, Community Structure, Direct Garage Access, Tandem Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
  • Heating Type: Forced Air, Fireplace(s)
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Closet, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association Name: Scott Managment
  • Phone: 310-370-2696
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 19985.00
  • Lot Size Acres: 0.4588

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 19985.0000 Square Feet
  • Number Of Units In Community: 32
  • Number Of Units Total: 1
  • Rent Includes: Association Dues, Gas, Trash Collection, Water
  • Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, Ocean Side of Freeway, Ocean Side Of Highway 1

Tax Info

  • Tax Census Tract: 6213.24
  • Tax Lot: 1
  • Tax Tract Number: 30197

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
Jan 1, 2019
Closed on
Feb 4, 2019
Sold by
Ortego Joseph Neil
Bought by
Seller's Agent
Lisa Moule
Vista Sotheby’s International Realty
Buyer's Agent
Lisa Moule
Vista Sotheby’s International Realty
List Price
$1,800,000
Sold Price
$2,100,000
Premium/Discount to List
$300,000
16.67%
Current Estimated Value
$2,376,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,204
Avg. Annual Appreciation
1.64%
Original Mortgage
$1,260,000
Outstanding Balance
$1,125,456
Interest Rate
6.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,250,748

Purchase Details

Listed on
Jan 1, 2019
Closed on
Jan 14, 2019
Sold by
Wells Fargo Bank Na
Bought by
Ortego Joseph Neil and The Ortego Tessler Trust
Seller's Agent
Lisa Moule
Vista Sotheby’s International Realty
Buyer's Agent
Lisa Moule
Vista Sotheby’s International Realty
List Price
$1,800,000
Sold Price
$2,100,000
Premium/Discount to List
$300,000
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Outstanding Balance
$1,125,456
Interest Rate
6.45%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,250,748
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

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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 Prior Sale
07/15/2019 07/15/19 Rented $7,900 0.0% --
07/03/2019 07/03/19 Price Changed $7,900 -14.6% $4 / Sq Ft
06/02/2019 06/02/19 For Rent $9,250 0.0% --
02/21/2019 02/21/19 Sold $2,100,000 0.0% $1,195 / Sq Ft View Prior Sale
01/10/2019 01/10/19 Pending -- -- --
01/09/2019 01/09/19 Off Market $2,100,000 -- --
01/01/2019 01/01/19 For Sale $1,800,000 -- $1,024 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2026 $26,723 $2,389,435 $716,829 $1,672,606
2025 $26,723 $2,342,584 $702,774 $1,639,810
2024 $25,583 $2,296,652 $688,995 $1,607,657
2023 $25,099 $2,251,621 $675,486 $1,576,135
2022 $24,760 $2,207,473 $662,242 $1,545,231
2021 $24,200 $2,164,190 $649,257 $1,514,933
2019 $13,876 $1,212,121 $727,273 $484,848
2018 $13,569 $1,188,355 $713,013 $475,342
2016 $13,150 $1,142,212 $685,327 $456,885
2015 $2,738 $218,237 $131,559 $86,678
2014 $2,710 $213,963 $128,982 $84,981
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19129068

California Regional Multiple Listing Service (CRMLS)

APN: 7508-001-048

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