$1,300,000
●
Condo -
Off Market
565 Esplanade #308
Redondo Beach, CA 90277
1 Bed
1 Bath
862 Ft²
$7,389
Est. Monthly
$563
HOA / Fees
1.56%
Cap Rate
Unit Size
862 Ft²
Days on Market
54 days
Land Size
-
Price per sqft
$1,613
Property Type
Condo
Property Taxes
-
HOA Dues
$563
Year Built
-
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Cap Rate Calculator
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Monthly Rental Income
Maintenance & HOA
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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: 2 years ago (CRMLS #PV25173027)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Aug 20, 2025 | Price Decreased |
$1,389,999
↓ $10K
(0.7%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by O'Neil & Associate Realtors | $1,399,999 | |
| Listed by O'Neil & Associate Realtors | |||
| Nov 12, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Garage
Fireplace
With View
Parking Details
Has Garage
Garage Spaces: 1
Interior Details
Full Bathrooms: 1
Interior Features: GalleyKitchen
Laundry Features: Common Area
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 862
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1971
Levels: One
Pool Features: Association
Lot Features: ZeroToOneUnitAcre
Lot Size Units: Square Feet
Water Source: Public
Utilities Details
Cooling Type: Gas
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Sewer
HOA/Condo/Coop Amenities: Maintenance Grounds, Picnic Area, Spa/Hot Tub, Trash, Pier, PetRestrictions
HOA Fee: $563
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 |
|---|---|---|---|---|---|---|---|
|
03/24/2026
|
1 Bed
|
1 Bath
|
718 ft²
|
$850,000
1 Bed
1 Bath
718 ft²
|
$820,000
-3.53%
05/27/2026
|
Theresa Bruno
Vision Realty
| |
|
08/01/2025
|
1 Bed
|
1 Bath
|
862 ft²
|
$1,399,999
1 Bed
1 Bath
862 ft²
|
$1,300,000
-7.14%
10/03/2025
|
Denise O'Neil
O'Neil & Associate Realtors
| |
|
03/13/2024
|
1 Bed
|
1 Bath
|
718 ft²
|
$849,000
1 Bed
1 Bath
718 ft²
|
$849,000
05/23/2024
|
Justin Miller
Beach City Brokers
| |
|
01/27/2024
|
1 Bed
|
1 Bath
|
862 ft²
|
$1,295,000
1 Bed
1 Bath
862 ft²
|
$1,268,500
-2.05%
02/28/2024
|
Justin Miller
Beach City Brokers
| |
|
08/02/2023
|
1 Bed
|
1 Bath
|
724 ft²
|
$899,000
1 Bed
1 Bath
724 ft²
|
$820,000
-8.79%
10/18/2023
|
Justin Miller
Beach City Brokers
| |
|
06/22/2023
|
1 Bed
|
1 Bath
|
717 ft²
|
$699,000
1 Bed
1 Bath
717 ft²
|
-
-
|
John Brunetti
Keller Williams South Bay
| |
|
12/09/2022
|
1 Bed
|
1 Bath
|
718 ft²
|
$795,000
1 Bed
1 Bath
718 ft²
|
$780,000
-1.89%
01/03/2023
|
Justin Miller
Beach City Brokers
| |
|
03/15/2022
|
1 Bed
|
1 Bath
|
717 ft²
|
$879,000
1 Bed
1 Bath
717 ft²
|
$860,000
-2.16%
06/21/2022
|
Cindy Shearin
Strand Hill Christies International Real Estate
| |
|
11/13/2021
|
1 Bed
|
-
|
718 ft²
|
$879,000
1 Bed
-
718 ft²
|
$905,000
+2.96%
12/21/2021
|
Amber Romo
Beach City Brokers
| |
|
10/13/2021
|
1 Bed
|
1 Bath
|
862 ft²
|
$1,199,000
1 Bed
1 Bath
862 ft²
|
$1,249,000
+4.17%
11/12/2021
|
Justin Miller
Beach City Brokers
| |
|
09/03/2021
|
2 Bed
|
2 Bath
|
1047 ft²
|
$975,000
2 Bed
2 Bath
1047 ft²
|
$1,025,000
+5.13%
10/29/2021
|
Michelle Moebius
Keller Williams Beach Cities
| |
|
08/01/2019
|
1 Bed
|
-
|
718 ft²
|
$749,000
1 Bed
-
718 ft²
|
$730,000
-2.54%
10/11/2019
|
Justin Miller
Beach City Brokers
| |
|
07/09/2017
| |
1 Bed
|
1 Bath
|
717 ft²
|
-
1 Bed
1 Bath
717 ft²
|
-
-
|
-
|
|
05/12/2017
|
1 Bed
|
1 Bath
|
717 ft²
|
$520,000
1 Bed
1 Bath
717 ft²
|
$550,000
+5.77%
06/23/2017
|
Dijana (Dee Dee) Harker
Keller Williams Beach Cities
| |
|
03/06/2014
|
1 Bed
|
1 Bath
|
718 ft²
|
$529,000
1 Bed
1 Bath
718 ft²
|
$512,000
-3.21%
04/22/2014
|
Justin Miller
Beach City Brokers
|
Building Info
About South Redondo Beach
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Listed by: Denise O'Neil, O'Neil & Associate Realtors
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PV25173027
Last Updated: 2 years ago
Data Source: CRMLS, MLS# PV25173027
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