1
Map
$1,140,000
●
Condo -
Off Market
700 Esplanade #40
Redondo Beach, CA 90277
2 Beds
2 Baths
1,624 Ft²
$1,764,735
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
BACK ON MARKET! The Ultimate sun-filled unit in Bay Pointe
Southwest corner unit with Panoramic Ocean Views. Unique
Corner Penthouse offers the best location this complex has to
offer, great entertaining floor plan, showered with natural
sunlight and steps from the sand. Enjoy the extraordinary Ocean
View from the Living area, loft. Open the Sliding Glass doors
to balconies with a great ocean view and welcome the beauty of the
ocean breeze. Third floor and offers high cathedral ceilings,
providing a sense of spaciousness not offered by most of the units
in this building. New carpet, tile floors and open floor
plan, laundry area in kitchen. Bay Pointe is located just
across the street from a ramp that takes you to the Strand for
Beach access. There are two side-by side parking spaces near
the elevator for convenience. The building is also insured for
Earthquakes.
Unit Size
1,624 Ft²
Days on Market
239 days
Land Size
0.77 acres
Price per sqft
$708
Property Type
Condo
Property Taxes
-
HOA Dues
$570
Year Built
-
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Cap Rate Calculator
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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: 4 months ago (CRMLS #SB17194548)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2017 | Listed by A&M Real Estate & Management, Inc. | $1,150,000 | |
| Listed by A&M Real Estate & Management, Inc. | |||
Property Highlights
Parking Available
Garage
Elevator
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, Garage, Garage Door Opener, Gated, Community Structure, ControlledEntrance, OneSpace
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Wet Bar, Breakfast Bar, Cathedral Ceiling(s), Eat-in Kitchen, Walk-In Closet(s), Balcony, Unfurnished, BedroomOnMainLevel
Appliances: Dishwasher, Electric Range, Disposal
Flooring Type: Carpet, Tile
Laundry Features: Common Area, Washer Hookup, Gas Dryer Hookup, In Kitchen
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Has Property Attached
Square Footage: 1624
Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
Property Condition: Turnkey
Architectural Style: Spanish
Year Built Source: Assessor
Year Built: 1976
Waterfront Features: Beach Access, Ocean Access, AcrossTheRoadFromLakeOcean, OceanSideOfHighway
Levels: Two
Window Features: Blinds
Construction Materials: Glass, Stucco, Drywall
Patio and Porch Features: Deck
Pool Features: None
Lot Features: ThirtySixToFortyUnitsAcre
Lot Size Area: 33736
Lot Size Units: Square Feet
Lot Size Acres: 0.774
Lot Size Square Feet: 33736
Tax Lot: 7508
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance
HOA/Condo/Coop Amenities: Trash, DuesPaidMonthly
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
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Listed by: Michael Wilk, A&M Real Estate & Management, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17194548
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SB17194548
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