601 Esplanade #B
About This Property
Step into your private three-level elevator and ascend to a spectacular rooftop deck, reserved exclusively for Unit B. Here, panoramic Pacific Ocean views set the stage for relaxation, complete with your own personal spa. The exclusive front yard allows you to enjoy a private garden and patio, a rare find in beachfront living.
The separate two-car garage ensures secure parking and additional storage. Inside, soaring 15-foot ceilings create an open, airy ambiance, with floor-to-ceiling windows that make you feel as if you're aboard an ocean liner. Watch dolphins play, surfers ride the waves, and ships glide across the horizon-all from the comfort of your home.
Walk to the Redondo Pier or the quaint Riviera Village, where world-class dining, shops, and nightlife await. Embrace the coastal charm of the sunroom, the perfect spot for barbecuing with an ocean view.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Feb 10, 2025 | Listed by Strand Hill Properties | $4,200,000 | |
| Listed by Strand Hill Properties | |||
| Feb 12, 2021 | No longer available | - | |
| No longer available | |||
| Sep 30, 2020 | Price Decreased |
$4,385,000
↓ $100K
(2.2%) | |
| Price Decreased | |||
| Sep 10, 2020 | Listed | $4,485,000 | |
| Listed | |||
| | |||
|
Welcome home to one of the most exclusive homes on the Esplanade. Situated on the West side of the street RIGHT ON THE SAND, get your spectacular slice of heaven in one of a handful of homes on this side of the street. Enjoy your sweeping, panoramic and unobstructed OCEAN, Catalina, Palos Verdes, White water, Sand and Malibu views from almost every room in your home and from your MASSIVE private Roof Top deck with raised cobalt blue tile Jacuzzi, room to entertain dozens of people to sunbathe, BBQ, dine al fresco or just soak up that top of the world Ocean view! A few steps and your toes are in the sand..a few more steps, you can be at one of several hip eateries, coffee shops, gyms and stores, located on the Redondo Beach Strand, so get your bike ready! From the moment you walk inside, you're enveloped in natural sunlight from the dramatic floor to ceiling windows and Ocean breezes with Cathedral open beam ceilings and French Oak Hard wood floors. Your open kitchen boasts granite counter tops, Stainless Steel Sub Zero Fridge and incredible views while cooking! Cozy fireplaces in the living room and back Master Suite, Double Master Suites both with walk in closets and en suite bathrooms with soaking tubs, a sun room (about 200 sq ft. that is NOT included in the square footage) is perfect for indoor/outdoor eating w/great views as well! 2 car garage, Functional Elevator leading you from Garage to home and to Roof top deck as well. 2 Large Storage closets and GREAT floor plan! The manager has listed the unit size as 2160 square feet.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/10/2025
|
3 Bed
|
3 Bath
|
2497 ft²
|
$4,200,000
3 Bed
3 Bath
2497 ft²
|
$3,700,000
-11.90%
04/17/2025
|
Justin Drury
Strand Hill Properties
| |
|
09/10/2020
|
3 Bed
|
3 Bath
|
2160 ft²
|
$4,485,000
3 Bed
3 Bath
2160 ft²
|
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-
|
-
|
Building Info
About South Redondo Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017