420 Esplanade #2
About This Property
The manager has listed the unit size as 2012 square feet.
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 2, 2023 | No longer available | - | |
| No longer available | |||
| May 8, 2023 | In contract | - | |
| In contract | |||
| Apr 27, 2023 | Listed | $1,395,000 | |
| Listed | |||
| Mar 23, 2018 | Sold | ||
| Sold | |||
| Nov 16, 2017 | Listed | $1,225,000 | |
| Listed | |||
| | |||
|
An absolutely gorgeous townhome steps away from Veterans park and the beach in beautiful south Redondo Beach. This property features 3 spacious bedrooms, 2.5 bathrooms with gated parking and an ample amount of storage. This townhome boasts high ceilings, a loft that could be an office, bonus storage space and ocean views from the living and master bedroom in addition to four balconies. Complimented by many new renovations such as new kitchen and bathrooms, new hardwood floors, carpeting and new paint. A turnkey home on the beautiful Esplanade.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/26/2024
|
3 Bed
|
3 Bath
|
1981 ft²
|
$1,850,000
3 Bed
3 Bath
1981 ft²
|
$1,868,000
+0.97%
02/10/2025
|
Michael Bauman
Aspire Realty Advisors
| |
|
06/17/2024
|
3 Bed
|
3 Bath
|
1935 ft²
|
$2,195,000
3 Bed
3 Bath
1935 ft²
|
$1,995,000
-9.11%
10/15/2024
|
Martha (Mimi) Alonso
RE/MAX Estate Properties
| |
|
04/27/2023
|
3 Bed
|
3 Bath
|
2012 ft²
|
$1,395,000
3 Bed
3 Bath
2012 ft²
|
$1,705,000
+22.22%
05/31/2023
|
Mike Baker
RE/MAX Estate Properties
| |
|
10/30/2019
|
2 Bed
|
2 Bath
|
1800 ft²
|
$1,100,000
2 Bed
2 Bath
1800 ft²
|
$1,050,000
-4.55%
02/12/2020
|
Greg Geilman
RE/MAX Estate Properties
| |
|
11/16/2017
|
3 Bed
|
2 Bath
|
1991 ft²
|
$1,225,000
3 Bed
2 Bath
1991 ft²
|
$1,175,000
-4.08%
03/23/2018
|
Colleen McGuire
Re/Max Estate Properties
|
Building Info
About South Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017