$1,215,000
●
Condo -
Off Market
700 Esplanade #5
Redondo Beach, CA 90277
2 Beds
2 Baths
1,237 Ft²
$6,865
Est. Monthly
$850
HOA / Fees
2.52%
Cap Rate
About This Property
Hmmm? You want a 2-bedroom 2-bath home at the beach - with at
least a peek of an ocean view - AND a yard? No way? Yes
WAY !! and priced to sell. End unit with southern
exposure and with a private yard perfect for outdoor living,
BBQing, or a yard for your dog or kids to play in.
Beautiful new LVP flooring throughout, new sliding doors to
yard and a large front deck with ocean peek or view toward PV.
There is recessed lighting, a remodeled primary bath, fresh
paint, and a wonderful kitchen. Roomy and open layout with
lots of natural light – just what you expect at the beach.
Realistically, this is the best unit in the complex. It
is so unique, there is no other condo along Esplanade that has
these features. This complex is secure and has a great gym or
exercise room. Walk or bike to all the many local hot spots
for coffee, dining, shopping, or just enjoying the ocean and beach.
Unit Size
1,237 Ft²
Days on Market
84 days
Land Size
0.78 acres
Price per sqft
$990
Property Type
Condo
Property Taxes
-
HOA Dues
$850
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 #SB25084845)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Price Decreased |
$1,225,000
↓ $50K
(3.9%) | |
| Price Decreased | |||
| Apr 16, 2025 | Listed by Vista Sotheby’s International Realty | $1,275,000 | |
| Listed by Vista Sotheby’s International Realty | |||
| Apr 23, 2019 | Sold | ||
| Sold | |||
Show More
Property Highlights
Parking Available
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Assigned, Covered, Underground, Garage, Garage Door Opener
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, Ceiling Fan(s), Crown Molding, Open Floorplan, Pantry, Recessed Lighting, Tile Counters, Balcony, QuartzCounters, MainLevelPrimary
Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
Flooring Type: See Remarks, Wood
Door Features: Mirrored Closet Door(s), Sliding Doors
Laundry Features: Washer Hookup, Electric Dryer Hookup, Inside, In Kitchen
Has Fireplace
Fireplace Features: Gas, Living Room
Exterior Details
Has Property Attached
Square Footage: 1237
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s), Security Lights
Property Condition: Updated/Remodeled
Architectural Style: Traditional
Year Built Source: Public Records
Year Built: 1976
Waterfront Features: Ocean Front, AcrossTheRoadFromLakeOcean, OceanSideOfHighway
Levels: One
Window Features: Bay Window(s), Double Pane Windows, Screens
Construction Materials: Stucco, Wood Siding
Patio and Porch Features: Enclosed, Patio, See Remarks, Concrete, Open
Pool Features: None
Lot Features: Corner Lot, Level
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: Electric, Radiant
Sewer : Public Sewer, SewerTapPaid
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance, Sewer
HOA/Condo/Coop Amenities: Gas, Maintenance Grounds, Insurance, Meeting Room, Recreation Room, Security, Trash
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
Similar Homes for Sale
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Listed by: Howard Wood, Vista Sotheby’s International Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB25084845
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SB25084845
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