$1,175,000
●
Condo -
Off Market
531 Esplanade #907
Redondo Beach, CA 90277
2 Beds
2 Baths,
1
Half Bath
1,256 Ft²
$1,972,257
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Like living in a helicopter flying along the coast! Top floor
north facing with views from Point Dume to the San Bernardino snow
capped mountains. Completely unobstructed views from all
rooms. Building has all amenities. Unit was long-term
rental and needs TLC.
Unit Size
1,256 Ft²
Days on Market
157 days
Land Size
0.56 acres
Price per sqft
$995
Property Type
Condo
Property Taxes
-
HOA Dues
$525
Year Built
-
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
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%.
How much can I actually make?
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.
How is cap rate calculated?
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.
Last updated: 4 months ago (CRMLS #SB17196196)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 28, 2018 | Sold | ||
| Sold | |||
| Aug 24, 2017 | Listed by Vista Sotheby's International Realty | $1,250,000 | |
| Listed by Vista Sotheby's International Realty | |||
Property Highlights
Parking Available
Garage
Elevator
Fireplace
With View
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned, Garage, Garage Door Opener, Gated, Tandem
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Interior Features: Balcony, AllBedroomsUp
Appliances: Built-In Range, Dishwasher, Electric Oven, Electric Range
Flooring Type: Carpet, Tile
Door Features: Sliding Doors
Laundry Features: Inside
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1256
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Security Gate, 24 Hour Security, Smoke Detector(s), FireDetectionSystem, ResidentManager
Property Condition: Fixer
Architectural Style: Modern
Year Built Source: Assessor
Year Built: 1974
Waterfront Features: Beach Access, Beach Front, Ocean Front
Levels: Two
Pool Features: Community, In Ground, Association
Lot Features: NearPark
Lot Size Area: 24169
Lot Size Units: Square Feet
Lot Size Acres: 0.555
Lot Size Square Feet: 24169
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Fitness Center, Maintenance Grounds, Insurance, Meeting Room, Picnic Area, Pool, Sauna, Spa/Hot Tub, Trash, Water, ControlledAccess, DuesPaidMonthly
HOA Fee: $525
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
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
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,695 /mo
- 2 Beds
- 2 Baths
- 973 ft²
$3,500 /mo
- 2 Beds
- 2 Baths
- 975 ft²
Listed by: Steve Zukmann, Vista Sotheby's International Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17196196
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17196196
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