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Map
625 Esplanade #53
About This Property
From Palos Verdes to Point Dume creating a breathtaking backdrop and the essence of coastal living. Mornings begin with sunlight
glistening off the water and evenings wind down to the Sunsets illuminating the horizon with the
tranquil sound of the waves rolling in providing an atmosphere of calm and serenity. The interior embraces a bright open layout
designed to showcase the views. The huge living area flows seamlessly to a private oceanfront balcony, where dining and relaxation
are elevated by the sounds of the surf. Every meal becomes a coastal experience whether enjoyed indoors or alfresco on your private balcony.
The interior space is comfortable and well designed with ample storage and a calming atmosphere that makes every day feel
connected to the beach just outside. The full convenience kitchen is open to the living room and offers ocean views. The primary
suite is spacious and offers generous closet space. The second bedroom provides flexibility for guests, a home office, or additional living space.
In addition, desirable in unit laundry with full size appliances. Upgrades include recessed lighting, stainless steel kitchen appliances,
vinyl windows and vinyl sliding glass balcony door. The building just underwent a multimillion dollar upgrade to the exterior and provides
secure building access and gated side by side parking plus additional storage. Whether searching for a full-time coastal retreat
or the perfect weekend escape, this is a rare opportunity. The building is situated with direct access to the beach, walkways and
the bike path. Just minutes to Riviera Village with fine dining, shops, boutiques and sidewalk cafes. Close to the Redondo Marina,
King Harbor and the Redondo Beach pier with open air fresh seafood restaurants, casual cafes and specialty gift shops. Visitors enjoy
ocean fishing, boat rentals and seasonal whale watching.
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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 |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Sep 10, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Listed by Horrell Realtors | $1,499,000 | |
| Listed by Horrell Realtors | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/18/2026
|
2 Bed
|
2 Bath
|
1394 ft²
|
$1,130,000
2 Bed
2 Bath
1394 ft²
|
$1,095,000
-3.10%
07/24/2026
|
Richard Eldred
Coldwell Banker Residential Br
| |
|
10/17/2025
|
3 Bed
|
2 Bath
|
1344 ft²
|
$1,149,000
3 Bed
2 Bath
1344 ft²
|
$1,160,000
+0.96%
12/22/2025
|
Matias Baker Masucci
Berkshire Hathaway HomeServices California Properties
| |
|
04/20/2021
|
1 Bed
|
1 Bath
|
759 ft²
|
$850,000
1 Bed
1 Bath
759 ft²
|
-
-
|
Charlene Rideout
Century 21 Masters
| |
|
11/05/2019
|
1 Bed
|
1 Bath
|
760 ft²
|
$830,000
1 Bed
1 Bath
760 ft²
|
-
-
|
-
| |
|
09/25/2019
|
2 Bed
|
2 Bath
|
1394 ft²
|
$950,000
2 Bed
2 Bath
1394 ft²
|
-
-
|
-
| |
|
06/15/2017
|
2 Bed
|
1 Bath
|
1143 ft²
|
$719,000
2 Bed
1 Bath
1143 ft²
|
$700,000
-2.64%
07/21/2017
|
Sandy Levy
Horrell Realtors
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017