$1,175,000
●
Condo -
Off Market
700 Esplanade #2
Redondo Beach, CA 90277
2 Beds
2 Baths
1,237 Ft²
$6,497
Est. Monthly
$850
HOA / Fees
2.66%
Cap Rate
About This Property
Wonderful Baypoint Condominium complex with just 40 units in the
property. Located just steps from the Topaz Jetty beach access and
walking distance to both the RB Pier and Hollywood Riviera Village.
1,237 sq ft of living space with a peek of an ocean view from the
kitchen, dining, and living areas. 2 bedrooms with excellent closet
space and 2 baths. Large open kitchen was remodeled with granite
counter tops. The unit offers convenient in-unit washer and dryer
hookups. Newer sliding glass doors open onto a spacious deck from
the living and primary bedroom areas. New carpet and freshly
painted. Popcorn ceilings have been removed. This complex has
secure access and has a great gym/exercise room, storage room and 2
convenient parking spaces by the elevator.
Unit Size
1,237 Ft²
Days on Market
36 days
Land Size
0.78 acres
Price per sqft
$930
Property Type
Condo
Property Taxes
-
HOA Dues
$850
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: 2 years ago (CRMLS #SB25172189)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Listed by Haynes Real Estate | $1,150,000 | |
| Listed by Haynes Real Estate | |||
Property Highlights
Parking Available
Garage
Fireplace
With View
Parking Details
Has Garage
Has Carport
Parking Features: Concrete, Underground, Electric Gate, Side By Side, ControlledEntrance, OneSpace
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Balcony, TrashChute, Tandem, BedroomOnMainLevel, MainLevelPrimary
Appliances: Dishwasher, Electric Oven, Disposal, Microwave, Vented Exhaust Fan
Flooring Type: Carpet, Laminate, Tile, Wood
Laundry Features: Washer Hookup, Electric Dryer Hookup, In Kitchen
Has Fireplace
Fireplace Features: Gas, Gas Starter, Living Room
Exterior Details
Has Property Attached
Square Footage: 1237
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Fire Sprinkler System, Smoke Detector(s)
Property Condition: RepairsCosmetic
Architectural Style: Traditional
Year Built Source: Assessor
Year Built: 1976
Waterfront Features: Beach Access, Ocean Access, OceanSideOfHighway
Levels: One
Other Structures: Storage
Window Features: Screens
Construction Materials: Stucco, Wood Siding, CopperPlumbing
Patio and Porch Features: Deck, Patio, Open
Pool Features: None
Lot Features: Near Public Transit, NearPark, SprinklerSystem
Lot Size Area: 33848
Lot Size Units: Square Feet
Lot Size Acres: 0.777
Lot Size Square Feet: 33848
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Radiant
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Fitness Center, Gas, Meeting Room, Storage, Trash, ControlledAccess, PetRestrictions
HOA Fee: $850
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
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Listed by: Ted Dodd, Haynes Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB25172189
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB25172189
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