531 Esplanade #913
About This Property
The manager has listed the unit size as 1246 square feet.
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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%.
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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 |
|---|---|---|---|
| Apr 23, 2025 | Sold | ||
| Sold | |||
| Mar 3, 2025 | Listed | $1,695,000 | |
| Listed | |||
| | |||
|
Life is good when you live on the beach. It’s even better when you’re living it on the top floor of the tallest residential beachfront building in the beach cities. It's all about the views and these are forever! The ocean, sand, sunset, harbor, city and mountain views from this updated 2 bed, 2 bath townhome-style waterfront condo are simply breathtaking. This 9th floor penthouse is perfect for those looking for the ultimate beachside living experience. Just steps away from the famous sand and surf of Redondo Beach, ‘Ocean Plaza’ is also conveniently located just minutes from the shopping, dining, and entertainment hub of Redondo Beach. Enjoy amenities such as pool, spa, gym, rec room, secured parking and building security. This condo provides just about everything you need to enjoy the ultimate beach life with views that will make you never want to leave home..
| |||
| May 20, 2022 | No longer available | - | |
| No longer available | |||
| Mar 9, 2022 | In contract | - | |
| In contract | |||
| Feb 13, 2022 | Listed | $1,299,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/16/2026
|
2 Bed
|
1 Bath
|
1308 ft²
|
$1,499,000
2 Bed
1 Bath
1308 ft²
|
-
-
|
Victoria Babilonia
RE/MAX Estate Properties
| |
|
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
|
$1,165,000
-2.02%
09/30/2022
|
Stan Botello
Re/Max 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
|
$993,500
-9.60%
06/23/2021
|
Robyn Biener
| |
|
03/02/2021
|
2 Bed
|
3 Bath
|
1246 ft²
|
$1,400,000
2 Bed
3 Bath
1246 ft²
|
$1,400,000
05/18/2021
|
Martha Alonso
| |
|
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
|
$1,098,000
-8.42%
06/21/2021
|
Peter Kappelos
| |
|
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
|
$1,450,000
-3.20%
10/13/2020
|
Cari Corbalis
| |
|
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 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
Strand Hill Christies International Real Estate
| |
|
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%
01/29/2018
|
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