$1,330,000
●
Condo -
Off Market
575 ESPLANADE #306
Redondo Beach, CA 90277
2 Beds
2 Baths
1,559 Ft²
$2,245,963
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model
About This Property
Welcome to the Penthouse of Esplanade. Steps to the ocean with
panoramic harbor, ocean and surf line views of Malibu to Palos
Verdes from your living and master bedroom. The unit was previously
remodeled with top-of-the line appliances, built in kitchen-net,
double ovens, wine refrigerator, a pull out pantry with spice rack
and solid maple frosted cabinets. The best unit in the building
with the professional amenities for a resort lifestyle steps away
to the beach and walks away from The Pier.
Unit Size
1,559 Ft²
Days on Market
88 days
Land Size
0.46 acres
Price per sqft
$892
Property Type
Condo
Property Taxes
-
HOA Dues
$675
Year Built
-
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Cap Rate Calculator
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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 (CLAW #17203212)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 16, 2017 | Sold | ||
| Sold | |||
| Feb 17, 2017 | Listed by Teles Properties, Inc. | $1,390,000 | |
| Listed by Teles Properties, Inc. | |||
Property Highlights
Parking Available
Garage
Fireplace
Parking Details
Has Carport
Parking Features: Carport
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher
Flooring Type: Carpet
Has Fireplace
Fireplace Features: See Remarks
Exterior Details
Square Footage: 1559
Architectural Style: Contemporary
Year Built: 1974
Pool Features: None
Lot Size Area: 20054
Lot Size Units: Square Feet
Lot Size Acres: 0.46
Lot Size Square Feet: 20054
Utilities Details
Heating Type: None
Location Details
HOA/Condo/Coop Amenities: Barbecue, DuesPaidMonthly
HOA Fee: $675
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 |
|---|---|---|---|---|---|---|---|
|
08/16/2025
|
3 Bed
|
2 Bath
|
1510 ft²
|
$1,379,000
3 Bed
2 Bath
1510 ft²
|
$1,249,000
-9.43%
02/03/2026
|
Ed MacLaughlin
RE/MAX Estate Properties
| |
|
04/16/2025
|
2 Bed
|
1 Bath
|
1502 ft²
|
$2,099,000
2 Bed
1 Bath
1502 ft²
|
$1,762,000
-16.06%
10/09/2025
|
Christina Kaminsky Phillips
eXp Realty of California, Inc
| |
|
08/31/2024
|
2 Bed
|
2 Bath
|
1680 ft²
|
$2,275,000
2 Bed
2 Bath
1680 ft²
|
$2,135,000
-6.15%
10/30/2024
|
Judy D'Angelo
Compass
| |
|
04/10/2022
|
2 Bed
|
2 Bath
|
1502 ft²
|
$1,975,000
2 Bed
2 Bath
1502 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
08/16/2020
|
2 Bed
|
2 Bath
|
1359 ft²
|
$995,000
2 Bed
2 Bath
1359 ft²
|
-
-
|
-
| |
|
08/27/2019
|
3 Bed
|
2 Bath
|
1510 ft²
|
$1,145,000
3 Bed
2 Bath
1510 ft²
|
-
-
|
-
| |
|
06/10/2019
|
2 Bed
|
2 Bath
|
1359 ft²
|
$1,026,000
2 Bed
2 Bath
1359 ft²
|
$975,000
-4.97%
08/05/2019
|
Kurt Allen
Compass
| |
|
09/21/2017
|
2 Bed
|
1 Bath
|
1359 ft²
|
$859,000
2 Bed
1 Bath
1359 ft²
|
$840,000
-2.21%
04/05/2018
|
Mickey Turner
Estate Properties
| |
|
02/17/2017
|
2 Bed
|
2 Bath
|
1559 ft²
|
$1,390,000
2 Bed
2 Bath
1559 ft²
|
$1,330,000
-4.32%
05/16/2017
|
Stephany Chen
Compass
|
Building Info
About South Redondo Beach
Similar Homes for Sale
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Listed by: Stephany Chen, Teles Properties, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17203212
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 17203212
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