531 Esplanade, Unit 505

Ocean Plaza
Redondo Beach, CA 90277

$1,930,000
Last Sold Price
2
Beds
1,246 Sq. Ft.
$1,549 / Sq. Ft.
1,246
Sq. Ft.
$1,549
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 1/16/24
Closed 1/16/24
a view of an ocean from a balcony
a view of an ocean
Location is Everything
Tallest Condo Building in South Redondo Beach
a view of residential houses with outdoor space
a view of a chairs and table in a balcony
First Level
a living room with furniture and a large window
a kitchen with stainless steel appliances kitchen island granite countertop a sink and cabinets
a kitchen with kitchen island granite countertop stainless steel appliances a sink a counter top space cabinets and a potted plant
a kitchen with stainless steel appliances granite countertop a table chairs sink and cabinets
a kitchen with stainless steel appliances kitchen island granite countertop a refrigerator and a white cabinets
a dining room with furniture and window
a living room with furniture and a flat screen tv
a porch with a potted plant and a chair
a table with a potted plant and a stove
a view of a balcony with lake view and a ocean view
a view of a chairs and table in the patio
a view of balcony with furniture
a living room with furniture and a floor to ceiling window
Guest Bedroom
a bedroom with a large bed and a balcony view
a close view of a utility room with dryer and washer
a bedroom with furniture and a large window
a bedroom with a large bed and a potted plant
a view of a balcony with chairs and wooden floor
a view of a ocean with city view
a view of an ocean
a view of a terrace with sky view
a view of a lake and mountain in the back
a view of balcony with furniture
a view of a balcony with furniture and a potted plant
an aerial view of a house with a ocean view
an outdoor space with patio
a dinning table and chairs in the patio
a roof deck with table and chairs
a view of a swimming pool with outdoor seating
a view of an ocean
a view of building with yard
a view of city with ocean view
a view of a swimming pool
an aerial view of a city
a front view of a building

Description

Welcome to coastal living at its finest! This stunning luxury residence has undergone a complete transformation, offering you the perfect blend of modern elegance and coastal charm. With breathtaking ocean views and a prime location, this meticulously remodeled gem is a true treasure. Spacious open concept design seamlessly connects the living, dining and kitchen areas with a generous outdoor space for entertaining. Prepare your favorite meals while enjoying panoramic ocean vistas in the gourmet...Welcome to coastal living at its finest! This stunning luxury residence has undergone a complete transformation, offering you the perfect blend of modern elegance and coastal charm. With breathtaking ocean views and a prime location, this meticulously remodeled gem is a true treasure. Spacious open concept design seamlessly connects the living, dining and kitchen areas with a generous outdoor space for entertaining. Prepare your favorite meals while enjoying panoramic ocean vistas in the gourmet kitchen featuring stainless steel appliances, sleek quartz countertops, a wine fridge and beautiful custom cabinetry. Unwind on your sofa next to the LED Fireplace while watching sailboats until sunset. Both levels have floor to ceiling sliders connecting indoor and outdoor spaces inviting the refreshing ocean breeze and natural light to embrace the interior. The top level primary retreat offers tranquility a 2nd LED fireplace, another outdoor patio and spectacular ocean views. The gorgeous bathroom boasts a spa-like atmosphere with luxurious finishes, a massive jet tub and spacious walk-in shower. Guest bedroom with nicely appointed bath are also on this level along with the convenience of a stackable washer/dryer. Two car parking in garage provides secure parking and storage for your coastal adventures.  Ocean Plaza is a gated community with amenities that include direct access from the garage down to the beach and bike path, an outdoor swimming pool, spa, sauna, exercise gym, clubhouse and a party/event room. South Redondo renowned beaches, charming shops, and gourmet dining options are just a stroll away. In this luxurious condo, every day feels like a vacation. Don't miss this opportunity to embrace the elevated coastal lifestyle you have been waiting for.
  1. Listed by Martha (Mimi) Alonso • DRE #01313095 • Brokerage DRE #01879720 • RE/MAX Estate Properties • 310 901-8670

Property Details for 531 Esplanade, Unit 505

Architectural Style
Contemporary
View
City Lights, Coastline, Marina, Mountain(s), Neighborhood, Ocean, Park/Greenbelt, White Water
Parking Spaces Total
2
Private Pool
No
Cooling Type
None
Total Units
80.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 01/16/2024 03:05 AM

Property Details for 531 Esplanade, Unit 505

StatusClosed
MLS #SB23198837
Days on Market51
Taxes-
HOA Fees$665 / month
Condo/Co-op Fees$495
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1974
CountyLos Angeles County

Building

Ocean Plaza

80 Units2 StoriesBuilt in 1974
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of RE/MAX Estate Properties, Martha (Mimi) Alonso, DRE #01313095

Sold By Compass, John Bathurst, DRE #01977487

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Building Information for 531 Esplanade, Unit 505

Building/ComplexOcean PlazaFloor-Stories2Residences80Pet Policy-Pet Policy DetailsNot AllowedYear Built1974

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OriginPoint Mortgage or Rocket Mortgage1

$12,439 per month

30 year fixed, 6.15% Interest

Principal and Interest

$9,406

Property Taxes

$1,873

HOA Dues

$1,160

The Payment Calculator is for illustrative purposes only.

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Property Information for 531 Esplanade, Unit 505

Rental Info
Rental Info
  • Pets Allowed: Assoc Pet Rules, Call For Rules, Yes
Income / Expense / Tax Details
Income Details
  • Financing: Cash
Tax / Assessment Info
  • Tax Tract Number: 30930
  • Tax Census Tract: 6213.24
  • CFD/Mello-Roos Fee: $355
  • Tax Lot: 1
Community / Development
Community / Development
  • Association Amenities: Pool, Spa/Hot Tub, Sauna, Gym/Ex Room, Clubhouse, Meeting Room, Cable TV, Earthquake Insurance, Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted
  • Assessments YN: No
  • Assessments: None
  • Community Features: Biking, Curbs, Park, Watersports, Sidewalks, Storm Drains, Street Lights
  • Number Of Units In Community: 80
  • Complex Name: 531 Esplanade
  • Association Name: 531 Esplanade
  • Association Phone: 310.878.8789
Property / Structure Info
Interior Features
  • Appliances: Electric Range, Disposal, Microwave, Range Hood, Refrigerator, Water Heater
  • Equipment: Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Range
  • Interior Features: Built-in Features, Crown Molding
  • Room Type: All Bedrooms Up, Laundry, Living Room, Primary Bathroom, Primary Suite
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 0
  • Room Bathroom Features: Bathtub, Low Flow Toilet(s), Shower in Tub, Jetted Tub, Linen Closet/Storage, Quartz Counters, Separate tub and shower, Walk-in shower
  • Bedroom Features: All Bedrooms Up
  • Room Kitchen Features: Kitchen Island, Pots & Pan Drawers, Quartz Counters, Self-closing cabinet doors, Self-closing drawers
  • Eating Area: Breakfast Counter / Bar, Separated
  • Laundry: Yes
  • Laundry Features: Dryer Included, In Closet, Stackable, Washer Included
  • Fireplace Features: Living Room, Primary Retreat, Electric
  • Fireplace Rooms: Electric, Living Room
  • Fireplace: FP in Living Room, Electric
  • Cooling: None
  • Heating Type: Central
  • Heating: Central
  • Heat Equipment: Forced Air Unit
  • Floor Coverings: Tile
  • Flooring: Tile
  • Virtual Tour URL Unbranded: https://tour.caimagemaker.com/l/?id=179765IDX
Exterior Features
  • Window Features: Screens
  • Security Features: Fire and Smoke Detection System, Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Security: Gated Community, Fire/Smoke Detection Sys
  • Construction Materials: Concrete
  • Exterior Construction: Concrete
  • Exterior: Concrete
  • Roof: Flat
  • Entry Location: elevator
  • Structures: Storm Drains
  • Structure Type: Multi Family
  • Other Structures: Storm Drains
  • Property Condition: Building Permit, Turnkey, Updated/Remodeled
  • Miscellaneous: Storm Drains
  • View Description: City Lights, Coastline, Marina, Ocean, White Water
  • Waterfront Features: Beach Access, Beach Front, Marina in Community, Ocean Access, Ocean Front
  • Patio: Yes
  • Patio And Porch Features: Deck, Patio
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Description: Association Pool, Heated, In Ground
  • Pool: Below Ground, Community/Common, Association, Heated
  • Pool Heat: Below Ground, Community/Common, Association, Heated
  • Spa Features: Association, Community, In Ground
  • Spa Heat: Community/Common, Private Below Ground
Land/Lot Info
  • Sign on Property: Yes
  • Lot Features: Park Nearby
  • Lease Considered: No
  • Direction Faces: Northwest
  • Number Of Units: 80
  • Available For Lease: No
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Sewer Paid
  • Sewer/Septic: Sewer Paid, Electricity Connected, Sewer Connected, Water Connected
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Electric: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Number Remotes: 2
  • Garage Spaces: 2
  • Parking: Yes
  • Parking Garage: Assigned, Controlled Entrance, Subterranean
  • Parking Non-Garage: Assigned, Tandem
  • Parking Garage Spaces: 2
  • Parking Garage: Assigned, Tandem
  • Carport Spaces: 0
  • Attached Garage: No
  • Parking Features: Assigned, Community Structure, Controlled Entrance, Covered, Subterranean, Tandem Garage
Property / Structure Info
  • Architectural Style: Contemporary
  • Residential Styles: All Other Attached
  • Residential Unit Location: 2+ common walls

Property History for 531 Esplanade, Unit 505

DateEvent & SourcePriceAppreciation
Jan 16, 2024

Sold

SDMLS #SB23198837

$1,930,000—
Jan 16, 2024

Sold

CLAW #SB23198837MR

$1,930,000—
Jan 16, 2024

Sold

CRMLS #SB23198837

$1,930,000—
Jan 2, 2024

Sold (Public Record)

Public Record #1525385822

$1,930,000

+9.8% / yr

Dec 31, 2023

Pending

CRMLS #SB23198837

—
Dec 22, 2023

Pending

CLAW #SB23198837MR

—
Dec 22, 2023

Pending

SDMLS #SB23198837

—
Dec 22, 2023

Accepting Backup Offers

CLAW #SB23198837MR

—
Dec 22, 2023

Accepting Backup Offers

CRMLS #SB23198837

—
Nov 22, 2023

Price Change

CLAW #SB23198837MR

$1,875,000—
Nov 22, 2023

Price Change

CRMLS #SB23198837

$1,875,000—
Nov 1, 2023

Listed (Active)

CLAW #SB23198837MR

$1,900,000—
Nov 1, 2023

Listed (Active)

CRMLS #SB23198837

$1,900,000—
Oct 25, 2023

Listed (Active)

SDMLS #SB23198837

$1,900,000—
Aug 21, 2012

Sold

CLAW #S12099193MR

$668,000—
Aug 21, 2012

Sold

CRMLS #S12099193

$668,000—
Aug 8, 2012

Pending

CLAW #S12099193MR

—
Aug 8, 2012

Pending

CRMLS #S12099193

—
Aug 8, 2012

Listed (Active)

CLAW #S12099193MR

$680,000—
Aug 8, 2012

Listed (Active)

CRMLS #S12099193

$680,000—
Aug 7, 2012

Sold (Public Record)

Public Record #336030671

$668,000—
DateEvent & SourcePrice
01/16/2024

Sold

SDMLS #SB23198837

$1,930,000
01/16/2024

Sold

CLAW #SB23198837MR

$1,930,000
01/16/2024

Sold

CRMLS #SB23198837

$1,930,000
01/02/2024

Sold (Public Record)

Public Record #1525385822

$1,930,000

+9.8% / yr

12/31/2023

Pending

CRMLS #SB23198837

—
12/22/2023

Pending

CLAW #SB23198837MR

—
12/22/2023

Pending

SDMLS #SB23198837

—
12/22/2023

Accepting Backup Offers

CLAW #SB23198837MR

—
12/22/2023

Accepting Backup Offers

CRMLS #SB23198837

—
11/22/2023

Price Change

CLAW #SB23198837MR

$1,875,000
11/22/2023

Price Change

CRMLS #SB23198837

$1,875,000
11/01/2023

Listed (Active)

CLAW #SB23198837MR

$1,900,000
11/01/2023

Listed (Active)

CRMLS #SB23198837

$1,900,000
10/25/2023

Listed (Active)

SDMLS #SB23198837

$1,900,000
08/21/2012

Sold

CLAW #S12099193MR

$668,000
08/21/2012

Sold

CRMLS #S12099193

$668,000
08/08/2012

Pending

CLAW #S12099193MR

—
08/08/2012

Pending

CRMLS #S12099193

—
08/08/2012

Listed (Active)

CLAW #S12099193MR

$680,000
08/08/2012

Listed (Active)

CRMLS #S12099193

$680,000
08/07/2012

Sold (Public Record)

Public Record #336030671

$668,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 531 Esplanade, Unit 505

Taxable ValueLand$1,530,000Additions$438,600Total$1,968,600
Tax Record2025$22,473 ($1,873 / month)
Home Facts
Beds1Total Finished SqFt1,246 SqFtAbove Grade Finished SqFt1,246 SqFtLot Size24,169 SqFtStyleCondominiumYear Built1974ZoningRBMDR*CountyLOS ANGELESAPN7508-027-035

Schools near 531 Esplanade, Unit 505

This home is within Redondo Beach Unified School District.
Rating
School
Type
Grades
Distance
Alta Vista Elementary School
Public - K to 5
Parras (Nick G.) Middle School
Public - 6 to 8
Redondo Union High School
Public - 9 to 12
Redondo Beach Learning Academy
Public - 9 to 12
Rating
School
Distance
Alta Vista Elementary School
PublicK to 5

Parras (Nick G.) Middle School
Public6 to 8

Redondo Union High School
Public9 to 12

Redondo Beach Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of RE/MAX Estate Properties, Martha (Mimi) Alonso, DRE #01313095

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.