531 Esplanade #901
About This Property
The manager has listed the unit size as 1434 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 provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 5, 2026 | Sold | ||
| Sold | |||
| Sep 17, 2026 | In contract | - | |
| In contract | |||
| Aug 13, 2026 | Price Decreased |
$1,399,000
↓ $150K
(9.7%) | |
| Price Decreased | |||
| Jul 4, 2026 | Listed | $1,549,000 | |
| Listed | |||
| |||
|
There are ocean views...and then there are front-row seats to the Pacific.
Perched atop Ocean Plaza on the ninth floor, this corner penthouse is less about square footage and more about perspective. Walls of glass frame endless blue water, the Redondo coastline, and sunsets that transform every evening into something memorable.
Thoughtfully reimagined from top to bottom, the home pairs clean, contemporary design with an open floor plan that never competes with the view. Wide-plank hardwood floors, custom finishes, and a beautifully appointed kitchen create spaces equally suited for quiet mornings or evenings spent entertaining as the sun slips beneath the horizon.
The living room opens to a private oceanfront balcony where the sound of the waves, passing sailboats, and the occasional pod of dolphins become part of everyday life. The primary suite continues the experience with panoramic coastal views, a spa-inspired bath, and generous custom closets, while the secondary bedroom offers privacy for guests along with flexible space for a home office or creative retreat.
Life at Ocean Plaza extends well beyond your front door, with secured access, pool, spa, fitness center, clubhouse, dedicated storage, and two-car parking. Just outside, the beach, Veterans Park, Riviera Village, the Redondo Pier, and the South Bay's favorite restaurants and cafés are all within easy reach.
Some homes offer luxury. Others offer a lifestyle. The rarest deliver both, with the Pacific as your constant companion.
| |||
| Jan 27, 2023 | No longer available | - | |
| No longer available | |||
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