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531 Esplanade #701
About This Property
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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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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 17, 2021 | In contract | - | |
| In contract | |||
| Feb 4, 2021 | Listed | $1,193,000 | |
| Listed | |||
| | |||
|
Beautiful, quiet, corner unit beach front condo that sets you into vacation mode the moment you open your door. Catch the most beautiful sunsets while sitting out on your terrace cooking up a delicious meal on the bbq. This unit has 2 spacious bedrooms with 2 full baths - both on second level. The master has HUGE floor to ceiling windows that slide open allowing the waves to help put you into a tranquil sleep. The main floor provides an open floor plan making it nice for entertaining or just relaxing after a hard days work. Marble stone floors, large open kitchen, dining and living room along with a wet bar. The complex is maintained on a daily basis by the HOA keeping it clean and updated. The complex includes a pool, spa, sauna, recreation room, gym and an onsite property manager. Private access to the beach from the garage where you will find designated 2 car parking. Use this private access not only for the beach but also for the bike / walking path sending you to restaurants, gyms, Redondo Beach Pier, shops and more! A vacation that you’ll never have to leave! The manager has listed the unit size as 1500 square feet.
| |||
| Sep 2, 2020 | No longer available | - | |
| No longer available | |||
| Aug 11, 2020 | Listed | $1,195,000 | |
| Listed | |||
| | |||
|
Beautiful, quiet, corner unit beach front condo that sets you into vacation mode the moment you open your door. Catch the most beautiful sunsets while sitting out on your terrace cooking up a delicious meal on the bbq. This unit has 2 spacious bedrooms with 2 full baths - both on second level. The master has HUGE floor to ceiling windows that slide open allowing the waves to help put you into a tranquil sleep. The main floor provides an open floor plan making it nice for entertaining or just relaxing after a hard days work. Marble stone floors, large open kitchen, dining and living room along with a wet bar. The complex is maintained on a daily basis by the HOA keeping it clean and updated. The complex includes a pool, spa, sauna, recreation room, gym and an onsite property manager. Private access to the beach from the garage where you will find designated 2 car parking. Use this private access not only for the beach but also for the bike / walking path sending you to restaurants, gyms, Redondo Beach Pier, shops and more! A vacation that you’ll never have to leave! The manager has listed the unit size as 1500 square feet.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/04/2026
|
2 Bed
|
1 Bath
|
1434 ft²
|
$1,549,000
2 Bed
1 Bath
1434 ft²
|
$1,000,000
-35.44%
10/05/2026
|
Zak Kuczynski
GE Dean and Associates
| |
|
02/17/2026
|
1 Bed
|
1 Bath
|
982 ft²
|
$995,000
1 Bed
1 Bath
982 ft²
|
$825,000
-17.09%
05/27/2026
|
Laura Grabher
Keller Williams South Bay
| |
|
03/03/2025
|
2 Bed
|
2 Bath
|
1246 ft²
|
$1,695,000
2 Bed
2 Bath
1246 ft²
|
$1,570,500
-7.35%
04/23/2025
|
Jeremy Shelton
Pacifica Properties Group, Inc.
| |
|
05/04/2024
|
2 Bed
|
2.5 Bath
|
1246 ft²
|
$1,795,000
2 Bed
2.5 Bath
1246 ft²
|
-
-
|
Jonathan Coleman
Real Estate West, Inc.
| |
|
11/01/2023
|
2 Bed
|
2.5 Bath
|
1246 ft²
|
$1,900,000
2 Bed
2.5 Bath
1246 ft²
|
-
-
|
Martha Alonso
RE/MAX Estate Properties
| |
|
06/08/2023
|
3 Bed
|
2.5 Bath
|
1627 ft²
|
$2,799,999
3 Bed
2.5 Bath
1627 ft²
|
-
-
|
Martha Alonso
RE/MAX Estate Properties
| |
|
10/16/2022
|
2 Bed
|
-
|
1434 ft²
|
$1,699,999
2 Bed
-
1434 ft²
|
-
-
|
Martha Alonso
RE/MAX Estate Properties
| |
|
08/05/2022
|
2 Bed
|
2 Bath
|
1187 ft²
|
$1,189,000
2 Bed
2 Bath
1187 ft²
|
-
-
|
Stan Botello
Estate Properties
| |
|
02/13/2022
|
2 Bed
|
2 Bath
|
1246 ft²
|
$1,299,000
2 Bed
2 Bath
1246 ft²
|
-
-
|
Robert Maynard
Compass
| |
|
03/09/2021
|
2 Bed
|
3 Bath
|
1246 ft²
|
$1,099,000
2 Bed
3 Bath
1246 ft²
|
-
-
|
-
| |
|
03/02/2021
|
2 Bed
|
3 Bath
|
1246 ft²
|
$1,400,000
2 Bed
3 Bath
1246 ft²
|
-
-
|
-
| |
|
06/12/2020
|
2 Bed
|
3 Bath
|
1500 ft²
|
$1,195,000
2 Bed
3 Bath
1500 ft²
|
-
-
|
-
| |
|
01/18/2021
|
2 Bed
|
3 Bath
|
1434 ft²
|
$1,199,000
2 Bed
3 Bath
1434 ft²
|
-
-
|
-
| |
|
10/13/2020
|
1 Bed
|
2 Bath
|
995 ft²
|
$1,250,000
1 Bed
2 Bath
995 ft²
|
-
-
|
-
| |
|
08/06/2020
|
2 Bed
|
3 Bath
|
1246 ft²
|
$1,498,000
2 Bed
3 Bath
1246 ft²
|
-
-
|
-
| |
|
06/11/2020
|
2 Bed
|
3 Bath
|
1728 ft²
|
$1,999,999
2 Bed
3 Bath
1728 ft²
|
-
-
|
-
| |
|
10/10/2019
|
2 Bed
|
3 Bath
|
1246 ft²
|
$950,000
2 Bed
3 Bath
1246 ft²
|
-
-
|
-
| |
|
09/19/2019
|
1 Bed
|
1 Bath
|
613 ft²
|
$635,000
1 Bed
1 Bath
613 ft²
|
$619,000
-2.52%
10/25/2019
|
Danielle Newson
Vista Sotheby’s International Realty
| |
|
05/13/2019
|
2 Bed
|
3 Bath
|
1500 ft²
|
$1,199,000
2 Bed
3 Bath
1500 ft²
|
-
-
|
-
| |
|
09/11/2018
|
2 Bed
|
3 Bath
|
1434 ft²
|
-
2 Bed
3 Bath
1434 ft²
|
-
-
|
-
| |
|
12/10/2018
|
2 Bed
|
2 Bath
|
1246 ft²
|
$999,000
2 Bed
2 Bath
1246 ft²
|
$965,000
-3.40%
02/22/2019
|
Daniel O'Connor
Pacifica Properties Group, Inc.
| |
|
06/02/2018
|
2 Bed
|
1 Bath
|
1434 ft²
|
$1,150,000
2 Bed
1 Bath
1434 ft²
|
$1,075,000
-6.52%
08/10/2018
|
Lynn O'Donnell
Vista Sotheby's International Realty
| |
|
09/02/2017
| |
2 Bed
|
3 Bath
|
1256 ft²
|
-
2 Bed
3 Bath
1256 ft²
|
-
-
|
-
|
|
08/24/2017
|
2 Bed
|
2 Bath
|
1256 ft²
|
$1,250,000
2 Bed
2 Bath
1256 ft²
|
$1,175,000
-6.00%
01/28/2018
|
Steve Zukmann
Vista Sotheby's International Realty
| |
|
04/12/2017
|
2 Bed
|
2 Bath
|
1246 ft²
|
$1,279,000
2 Bed
2 Bath
1246 ft²
|
$1,225,000
-4.22%
07/11/2017
|
Igor Nastaskin
RE/MAX Estate Properties
| |
|
09/02/2015
|
1 Bed
|
1 Bath
|
982 ft²
|
$649,000
1 Bed
1 Bath
982 ft²
|
$624,000
-3.85%
10/02/2015
|
Tony Puma
Palm Realty Boutique, Inc.
|
Building Info
About South Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017