Listed by: Ann Michele Brown, Keller Williams South Bay
$833,000
●
Condo -
Off Market
615 Esplanade #712
Redondo Beach, CA 90277
1 Bed
1 Bath
719 Ft²
$4,786
Est. Monthly
$538
HOA / Fees
2.71%
Cap Rate
About This Property
Perfect Opportunity to Create the Seaside Home of Your Dreams!
Imagine waking up to the sound of the waves, the fresh scent of
ocean breezes, and then winding down the day with stunning
oceanview sunsets. This is your chance to design and personalize a
beautiful seaside home that reflects your own vision of beach life,
by creating a coastal retreat that embodies the lifestyle you've
always dreamed of. This is a unique and rare opportunity to turn
your dream into reality and live the life you've always envisioned
in your perfect seaside escape.
Unit Size
719 Ft²
Days on Market
199 days
Land Size
0.73 acres
Price per sqft
$1,203
Property Type
Condo
Property Taxes
-
HOA Dues
$538
Year Built
-
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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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 #SB24149397)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2024 | Price Decreased |
$865,000
↓ $24K
(2.7%) | |
| Price Decreased | |||
| Oct 30, 2024 | Relisted | $889,000 | |
| Relisted | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Parking Available
Garage
Fireplace
Parking Details
Has Garage
Garage Spaces: 1
Garage Spaces: 1
Has Attached Garage: Yes
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 1
Bedrooms on Main Level: 1
Full Bathrooms: 1
Bathrooms on Main Level: 1
Levels: One
Interior Features: Balcony, All Bedrooms Down
Living Area Square Feet Source: Assessor
Laundry Features: Common Area
Has Fireplace
Gas, Living Room
Exterior Details
Year Built: 1971
Parcel Number: 7508028132
Home Type: Residential
Structure Type: MultiFamily
Pool Features: None
Lot Size Source: Assessor
Lot Size Acres: 0.7276
Elevation Units: Feet
Utilities Details
Cooling Type: None
Location Details
Association Fee Includes: EarthquakeInsurance
Association Amenities: Controlled Access, Maintenance Grounds, Management, Storage
Association Fee: $538
Association Fee Frequency: Monthly
Community Features: Curbs, Storm Drains, Street Lights, Sidewalks, Water Sports
High School District: Redondo Unified
Directions: West on Torrance Blvd. left (south on Catalina Avenue, immediately turn right on Esplanade
Other Details
Listing Terms: Cash
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 |
|---|---|---|---|---|---|---|---|
|
02/09/2026
|
1 Bed
|
1 Bath
|
719 ft²
|
$1,080,000
1 Bed
1 Bath
719 ft²
|
$1,080,000
03/16/2026
|
Gerri Wulff
Revive Real Estate Group Inc
| |
|
09/02/2025
|
1 Bed
|
1 Bath
|
719 ft²
|
$999,000
1 Bed
1 Bath
719 ft²
|
$900,000
-9.91%
10/15/2025
|
Andy McGuire
Palm Realty Boutique, Inc.
| |
|
08/21/2025
|
1 Bed
|
1 Bath
|
719 ft²
|
$845,000
1 Bed
1 Bath
719 ft²
|
$845,000
09/08/2025
|
Philip Robinson
Redfin Corporation
| |
|
06/27/2025
|
1 Bed
|
1 Bath
|
719 ft²
|
$869,000
1 Bed
1 Bath
719 ft²
|
$850,000
-2.19%
07/28/2025
|
Anthony Elminoufi
Beach City Brokers
| |
|
05/15/2025
|
1 Bed
|
1 Bath
|
719 ft²
|
$869,000
1 Bed
1 Bath
719 ft²
|
$885,000
+1.84%
07/08/2025
|
Amy Oganyan
Keller Williams Encino-Sherman Oaks
| |
|
01/15/2025
|
1 Bed
|
1 Bath
|
719 ft²
|
$880,000
1 Bed
1 Bath
719 ft²
|
$890,000
+1.14%
02/27/2025
|
Sue Murphy
Keller Williams Beach Cities
| |
|
11/09/2024
|
1 Bed
|
1 Bath
|
719 ft²
|
$925,000
1 Bed
1 Bath
719 ft²
|
$912,000
-1.41%
01/03/2025
|
John Bathurst
Compass
| |
|
08/05/2024
|
4 Bed
|
3 Bath
|
2323 ft²
|
$3,700,000
4 Bed
3 Bath
2323 ft²
|
$3,500,000
-5.41%
10/09/2024
|
Daniel Assayag
Vista Sotheby’s International Realty
| |
|
07/20/2024
|
1 Bed
|
1 Bath
|
719 ft²
|
$889,000
1 Bed
1 Bath
719 ft²
|
$833,000
-6.30%
02/07/2025
|
Ann Michele Brown
Keller Williams South Bay
| |
|
02/07/2024
|
1 Bed
|
1 Bath
|
719 ft²
|
$699,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
03/13/2024
|
1 Bed
|
1 Bath
|
719 ft²
|
$950,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
03/09/2024
|
2 Bed
|
2 Bath
|
997 ft²
|
$1,350,000
2 Bed
2 Bath
997 ft²
|
-
-
|
Hiroko Nishikawa Naumann
RE/MAX ESTATE PROPERTIES
| |
|
01/18/2024
|
1 Bed
|
1 Bath
|
719 ft²
|
$1,125,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Andy McGuire
Palm Realty Boutique, Inc.
| |
|
08/18/2023
|
1 Bed
|
1 Bath
|
719 ft²
|
$799,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Chuck Wallau
Real Estate West, Inc.
| |
|
07/19/2023
|
1 Bed
|
1 Bath
|
719 ft²
|
$950,000
1 Bed
1 Bath
719 ft²
|
$875,000
-7.89%
12/01/2023
|
Lisa Moule
Beach City Brokers
| |
|
07/17/2023
|
2 Bed
|
2 Bath
|
1165 ft²
|
$1,550,000
2 Bed
2 Bath
1165 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
07/13/2023
|
1 Bed
|
1 Bath
|
719 ft²
|
$835,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Kristi Yamamoto
Keller Williams South Bay
| |
|
02/08/2023
|
1 Bed
|
1 Bath
|
719 ft²
|
$950,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Max Sommers
Real Estate West
| |
|
01/20/2023
|
1 Bed
|
1 Bath
|
719 ft²
|
$1,100,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Cari Corbalis
Vista Sotheby’s International Realty
| |
|
01/05/2023
|
1 Bed
|
1 Bath
|
719 ft²
|
$949,000
1 Bed
1 Bath
719 ft²
|
$880,000
-7.27%
04/12/2023
|
Ty Ward
Palm Realty Boutique
| |
|
12/04/2021
|
1 Bed
|
1 Bath
|
719 ft²
|
$950,000
1 Bed
1 Bath
719 ft²
|
$900,000
-5.26%
05/20/2022
|
Ann Michele Brown
Keller Williams South Bay
| |
|
12/13/2021
|
1 Bed
|
1 Bath
|
719 ft²
|
$920,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Judy Henry
RE/MAX Estate Properties
| |
|
11/01/2021
|
1 Bed
|
1 Bath
|
719 ft²
|
$905,000
1 Bed
1 Bath
719 ft²
|
-
-
|
Chad Fahlbusch
Strand Hill Christies International Real Estate
| |
|
05/10/2021
|
2 Bed
|
2 Bath
|
1100 ft²
|
$1,289,000
2 Bed
2 Bath
1100 ft²
|
$1,330,000
+3.18%
06/22/2021
|
Lisa Moule
| |
|
08/26/2020
|
1 Bed
|
1 Bath
|
719 ft²
|
$669,000
1 Bed
1 Bath
719 ft²
|
$669,000
10/15/2020
|
Shannon Shue
KW Westside Estates
| |
|
08/08/2020
|
1 Bed
|
1 Bath
|
719 ft²
|
$850,000
1 Bed
1 Bath
719 ft²
|
$838,000
-1.41%
10/14/2020
|
Ann Michele Brown
| |
|
07/28/2020
|
1 Bed
|
1 Bath
|
719 ft²
|
$775,000
1 Bed
1 Bath
719 ft²
|
$740,000
-4.52%
09/11/2020
|
Ann Michele Brown
| |
|
03/31/2020
| |
1 Bed
|
1 Bath
|
719 ft²
|
$725,000
1 Bed
1 Bath
719 ft²
|
-
-
|
-
|
|
02/12/2020
|
2 Bed
|
2 Bath
|
997 ft²
|
$1,295,000
2 Bed
2 Bath
997 ft²
|
$1,200,000
-7.34%
02/13/2020
|
Kim Zappulla
Keller and Associates Realty/P
| |
|
03/04/2019
|
1 Bed
|
1 Bath
|
719 ft²
|
$669,000
1 Bed
1 Bath
719 ft²
|
$680,000
+1.64%
12/06/2019
|
Chuck Wallau
Real Estate West, Inc.
| |
|
12/21/2018
|
1 Bed
|
1 Bath
|
719 ft²
|
$685,000
1 Bed
1 Bath
719 ft²
|
$705,000
+2.92%
01/22/2019
|
Lisa Moule
Beach City Brokers
| |
|
10/31/2018
|
1 Bed
|
1 Bath
|
719 ft²
|
$850,000
1 Bed
1 Bath
719 ft²
|
$850,000
01/16/2019
|
Darren Pujalet
Re/Max Estate Properties
| |
|
10/17/2018
|
1 Bed
|
1 Bath
|
719 ft²
|
$814,250
1 Bed
1 Bath
719 ft²
|
$824,250
+1.23%
03/01/2019
|
Nancy Sanborn
Berkshire Hathaway HomeServices California Properties
| |
|
08/01/2018
|
1 Bed
|
1 Bath
|
719 ft²
|
$765,000
1 Bed
1 Bath
719 ft²
|
$800,000
+4.58%
08/24/2018
|
Daryl Palmer
Estate Properties
| |
|
06/16/2018
|
1 Bed
|
1 Bath
|
719 ft²
|
$799,000
1 Bed
1 Bath
719 ft²
|
$785,000
-1.75%
08/10/2018
|
Jessika Werchick
Vista Sotheby's International Realty
| |
|
07/09/2017
| |
1 Bed
|
1 Bath
|
719 ft²
|
-
1 Bed
1 Bath
719 ft²
|
-
-
|
-
|
|
06/10/2017
|
2 Bed
|
2 Bath
|
997 ft²
|
$1,198,000
2 Bed
2 Bath
997 ft²
|
$1,100,000
-8.18%
07/14/2017
|
Joann DeFlon
Engel & Volkers LA-South Bay
| |
|
05/30/2017
|
1 Bed
|
1 Bath
|
719 ft²
|
$749,000
1 Bed
1 Bath
719 ft²
|
$730,000
-2.54%
12/29/2017
|
Brenda Olson
Coldwell Banker Realty
| |
|
04/03/2015
| |
1 Bed
|
1 Bath
|
719 ft²
|
$715,000
1 Bed
1 Bath
719 ft²
|
$735,000
+2.80%
06/02/2015
|
Larry Rothman
Larry Rothman
|
Building Info
About South Redondo Beach
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Listed by: Ann Michele Brown, Keller Williams South Bay
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24149397
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB24149397
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