$1,089,000
●
Condo -
Off Market
700 Esplanade #18
Redondo Beach, CA 90277
2 Beds
2 Baths
1,237 Ft²
$1,157,220
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model
About This Property
Come live the beach life and reside across from the Pacific Ocean!
This beautiful, completely remodeled 2 bedroom, 2 full bath beach
home invites relaxation and comfort all around. With a generous
open concept floor plan, and stylish finishes, you'll enjoy a
perfect setting for relaxing and entertaining. Beautiful vinyl
plank floors and plenty of natural light flow throughout the home's
airy layout. The recently-renovated gourmet kitchen will inspire
your inner chef with its elegant, custom quartz countertops, tile
backsplash, soft close cabinets and drawers, and modern stainless
steel appliances. Welcome gatherings in the generously-sized
living/dining area which is framed with the large glass sliding
door leading to the balcony. Enjoy the oversized tiled balcony for
Bbq's and get-togethers, and the warm fireplace in the living room
on chilly nights. The luxurious master bedroom is a quiet retreat,
with its own upgraded private bath, custom walk-in closet and
direct balcony access, perfect for enjoying views of the ocean,
while sipping some coffee. Featuring a beautiful new entry door,
energy efficient double pane Milgard sliding doors and windows, and
new interior paint, the Laundry is based inside of the residence,
and an extra storage space is within the complex. This stylish home
is located in one of the most sought after neighborhoods in all of
Redondo Beach. Enjoy long walks and bike rides on the Strand
directly across the street, and situated only a few blocks away
from the famous Redondo Beach Pier and King Harbor Marina. Also
within walking distance is the Riviera Village, with exceptional
dining, shopping, and entertainment options to choose from. All of
this is ideally located in the phenomenal RBUSD school
district.
https://bit.ly/700Esplanade18
https://bit.ly/700Esplanade18
Unit Size
1,237 Ft²
Days on Market
172 days
Land Size
0.78 acres
Price per sqft
$888
Property Type
Condo
Property Taxes
-
HOA Dues
$570
Year Built
-
Payment Calculator
Home Price
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Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
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 #IG21182386)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 7, 2022 | Sold | ||
| Sold | |||
| Aug 17, 2021 | Listed by Keller Williams Realty | $1,099,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Parking Available
Garage
Fireplace
Elevator
With View
Parking Details
Has Garage
Parking Features: Assigned, Covered, Driveway, Underground, Garage Faces Front, Garage, Garage Door Opener, Gated, Off Street, Private, Side By Side, DrivewayLevel, OneSpace
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Elevator, Open Floorplan, Recessed Lighting, Walk-In Closet(s), Balcony, TrashChute, Unfurnished, Atrium, DressingArea
Appliances: Dishwasher, ENERGY STAR Qualified Appliances, Electric Range, Free-Standing Range, Microwave, Refrigerator
Flooring Type: Tile, Vinyl
Door Features: ENERGY STAR Qualified Doors
Laundry Features: Common Area, Washer Hookup, Electric Dryer Hookup, Inside, Stacked
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1237
Square Footage Source: $0
Security Features: Security System, Gated Community, Smoke Detector(s), Security Lights, FireDetectionSystem
Property Condition: Updated/Remodeled, Turnkey
Year Built Source: Assessor
Year Built: 1976
Waterfront Features: Beach Access, Ocean Access, Ocean Front, AcrossTheRoadFromLakeOcean, AcrossTheRoadWaterFrontage
Levels: One
Window Features: Blinds, Double Pane Windows, ENERGY STAR Qualified Windows
Construction Materials: HardiPlank Type, Unknown, Drywall
Patio and Porch Features: Deck
Pool Features: None
Lot Features: Corner Lot, Landscaped, Level, Rectangular Lot, ThirtySixToFortyUnitsAcre, SprinklerSystem
Lot Size Area: 33840
Lot Size Units: Square Feet
Lot Size Acres: 0.7769
Lot Size Square Feet: 33840
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Electric, Fireplace(s)
Sewer : Unknown
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance, Sewer
HOA/Condo/Coop Amenities: Fitness Center, Gas, Maintenance Grounds, Hot Water, Meeting Room, Recreation Room, Storage, Trash, Water, ControlledAccess, PetsAllowed
HOA Fee: $570
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 |
|---|---|---|---|---|---|---|---|
|
07/02/2026
|
2 Bed
|
2 Bath
|
1624 ft²
|
$1,299,000
2 Bed
2 Bath
1624 ft²
|
-
-
|
Dean Alessi
eXp Realty of California Inc
| |
|
07/31/2025
|
2 Bed
|
2 Bath
|
1237 ft²
|
$1,150,000
2 Bed
2 Bath
1237 ft²
|
$1,175,000
+2.17%
09/05/2025
|
Ted Dodd
Manhattan Pacific Realty, Inc.
| |
|
05/21/2025
|
2 Bed
|
2 Bath
|
1327 ft²
|
$1,250,000
2 Bed
2 Bath
1327 ft²
|
$1,225,000
-2.00%
07/10/2025
|
Tracey Takeshita
eXp Realty of Greater Los Angeles, Inc.
| |
|
04/16/2025
|
2 Bed
|
2 Bath
|
1237 ft²
|
$1,275,000
2 Bed
2 Bath
1237 ft²
|
$1,215,000
-4.71%
07/11/2025
|
Howard Wood
Vista Sotheby’s International Realty
| |
|
12/09/2024
|
2 Bed
|
2 Bath
|
1237 ft²
|
$1,200,000
2 Bed
2 Bath
1237 ft²
|
$1,200,000
01/08/2025
|
Jami McCaslin
South Bay Homes and Loans
| |
|
06/03/2024
|
2 Bed
|
2 Bath
|
1295 ft²
|
$1,400,000
2 Bed
2 Bath
1295 ft²
|
$1,275,000
-8.93%
01/22/2025
|
Dilip Sheth
Bankers Realty Exclusive, Inc.
| |
|
03/29/2024
|
2 Bed
|
2 Bath
|
1237 ft²
|
$1,250,000
2 Bed
2 Bath
1237 ft²
|
-
-
|
Liz Bird
Vista Sotheby’s International Realty
| |
|
05/31/2023
|
2 Bed
|
2 Bath
|
1394 ft²
|
$1,200,000
2 Bed
2 Bath
1394 ft²
|
-
-
|
Erika Jacott-Strum
RE/MAX Nexus
| |
|
03/29/2023
|
2 Bed
|
2 Bath
|
1237 ft²
|
$1,088,000
2 Bed
2 Bath
1237 ft²
|
-
-
|
Martha Alonso
RE/MAX Estate Properties
| |
|
10/12/2021
|
2 Bed
|
3 Bath
|
2613 ft²
|
$1,699,000
2 Bed
3 Bath
2613 ft²
|
-
-
|
Adriana Ferreira
Palm Realty Boutique
| |
|
08/17/2021
|
2 Bed
|
2 Bath
|
1237 ft²
|
$1,099,000
2 Bed
2 Bath
1237 ft²
|
$1,089,000
-0.91%
02/07/2022
|
Diana Renee
Keller Williams Realty
| |
|
03/04/2021
|
2 Bed
|
2 Bath
|
1327 ft²
|
$920,000
2 Bed
2 Bath
1327 ft²
|
-
-
|
-
| |
|
02/22/2021
|
2 Bed
|
2 Bath
|
1237 ft²
|
$1,079,000
2 Bed
2 Bath
1237 ft²
|
-
-
|
-
| |
|
10/13/2020
|
2 Bed
|
2 Bath
|
1237 ft²
|
$969,000
2 Bed
2 Bath
1237 ft²
|
$899,000
-7.22%
02/22/2021
|
Heidi Ludwig
| |
|
07/14/2020
|
2 Bed
|
2 Bath
|
1237 ft²
|
$1,069,000
2 Bed
2 Bath
1237 ft²
|
$1,115,000
+4.30%
08/19/2020
|
Marcia Starr
Rodeo Realty
| |
|
02/28/2020
|
2 Bed
|
3 Bath
|
2613 ft²
|
$1,499,000
2 Bed
3 Bath
2613 ft²
|
-
-
|
-
| |
|
02/28/2020
| |
Studio
|
-
|
-
|
$1,499,000
Studio
-
|
-
-
|
-
|
|
09/09/2019
|
2 Bed
|
2 Bath
|
1758 ft²
|
$1,095,000
2 Bed
2 Bath
1758 ft²
|
$1,085,000
-0.91%
10/10/2019
|
John Witherspoon
Vista Sotheby’s Realty
| |
|
05/09/2019
|
2 Bed
|
2 Bath
|
1237 ft²
|
$799,000
2 Bed
2 Bath
1237 ft²
|
$750,000
-6.13%
08/28/2019
|
Tiffany McGuinness
| |
|
04/03/2019
|
2 Bed
|
2 Bath
|
1237 ft²
|
$779,000
2 Bed
2 Bath
1237 ft²
|
$826,000
+6.03%
04/23/2019
|
Kelly Evans
Exp Realty
| |
|
11/21/2018
|
3 Bed
|
2 Bath
|
1975 ft²
|
$1,369,000
3 Bed
2 Bath
1975 ft²
|
$1,330,500
-2.81%
02/15/2019
|
Igor Nastaskin
RE/MAX Estate Properties
| |
|
07/17/2018
|
2 Bed
|
2 Bath
|
2613 ft²
|
-
2 Bed
2 Bath
2613 ft²
|
-
-
|
-
| |
|
05/15/2018
| |
2 Bed
|
2 Bath
|
1758 ft²
|
-
2 Bed
2 Bath
1758 ft²
|
-
-
|
-
|
|
01/19/2018
|
3 Bed
|
2 Bath
|
1758 ft²
|
$1,079,000
3 Bed
2 Bath
1758 ft²
|
$1,065,000
-1.30%
02/28/2018
|
Mike Baker
RE/MAX Estate Properties
| |
|
12/05/2017
|
2 Bed
|
2 Bath
|
1237 ft²
|
$799,000
2 Bed
2 Bath
1237 ft²
|
$769,000
-3.75%
03/22/2018
|
Alwin Lee
Help-U-Sell Beachside
| |
|
08/23/2017
|
2 Bed
|
2 Bath
|
1624 ft²
|
$1,150,000
2 Bed
2 Bath
1624 ft²
|
$1,140,000
-0.87%
04/19/2018
|
Michael Wilk
A&M Real Estate & Management, Inc.
| |
|
06/22/2017
|
2 Bed
|
2 Bath
|
1295 ft²
|
$748,000
2 Bed
2 Bath
1295 ft²
|
$750,000
+0.27%
08/01/2017
|
Jay Deai
RE/MAX Estate Properties
|
Building Info
About South Redondo Beach
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Diana Renee, Keller Williams Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG21182386
Last Updated: 2 years ago
Data Source: CRMLS, MLS# IG21182386
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