727 Esplanade #205
About This Property
This exceptional oceanfront unit offers breathtaking, straight-on views stretching from Palos Verdes to Malibu through expansive floor-to-ceiling windows. The primary bedroom features soaring 10' ceilings, crown moldings, a custom walk-in closet with an elegant organizer, and an updated en-suite bath with a spacious walk-in shower.
The versatile second bedroom, with its open wall overlooking the living area and the ocean, serves as an ideal den, library, home gym, or private retreat. A convenient 3/4 bath is located just across the hall.
The kitchen is a chef's dream, equipped with Jenn Air cooking stainless steel appliances and an LG 4-drawer refrigerator/freezer, which are included with the sale and offer gorgeous ocean views while you cook. The inviting living room, complete with a beautiful fireplace, offers plenty of space for entertaining. Step out onto the charming balcony, where you can relax and watch the world go by. The soothing sound of ocean waves fills the home when the double-paned sliders are open, making it truly a dream come true. Located on the private and serene second floor, this home includes an in-unit laundry closet with a washer and dryer included, a year-old A/C unit, and side-by-side parking with no stairs to the elevator or unit.
Riviera Shores is a prestigious, steel and concrete building with only 32 units, ensuring a tranquil living experience. Enjoy private storage, key access to the building, and direct beach access. The building also features an on-site manager, a sauna, and a jacuzzi.
Take a stroll to nearby Riviera Village with its charming shops, gourmet dining, and fantastic entertainment, or enjoy outdoor activities such as biking along the oceanfront path, walking, or playing beach volleyball. This location offers the ultimate in beachfront living.
The beautiful home furnishings are also available for purchase.
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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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Feb 1, 2025 | Listed by Estate Properties | $1,639,000 | |
| Listed by Estate Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/05/2025
|
2 Bed
|
2 Bath
|
1632 ft²
|
$2,400,000
2 Bed
2 Bath
1632 ft²
|
$2,400,000
01/30/2026
|
Scott McKean
Estate Properties
| |
|
02/01/2025
|
2 Bed
|
2 Bath
|
1335 ft²
|
$1,639,000
2 Bed
2 Bath
1335 ft²
|
$1,700,000
+3.72%
03/05/2025
|
Anthony Todora
RE/MAX Estate Properties
| |
|
01/22/2025
|
2 Bed
|
2 Bath
|
1423 ft²
|
$1,649,000
2 Bed
2 Bath
1423 ft²
|
$2,000,000
+21.29%
02/13/2025
|
Stan Liosis
NWRE Brokers
| |
|
04/24/2024
|
2 Bed
|
1.5 Bath
|
1543 ft²
|
$2,350,000
2 Bed
1.5 Bath
1543 ft²
|
-
-
|
Martha Alonso
RE/MAX Estate Properties
| |
|
11/15/2021
|
2 Bed
|
2 Bath
|
1555 ft²
|
$1,849,000
2 Bed
2 Bath
1555 ft²
|
-
-
|
Keith Geller
Realty Network
| |
|
12/22/2018
|
1 Bed
|
1 Bath
|
1270 ft²
|
$1,189,000
1 Bed
1 Bath
1270 ft²
|
$1,180,000
-0.76%
06/21/2019
|
Nikki Lane
Vista Sotheby’s International Realty
| |
|
11/11/2018
|
2 Bed
|
3 Bath
|
1543 ft²
|
$1,600,000
2 Bed
3 Bath
1543 ft²
|
-
-
|
-
| |
|
06/14/2018
| |
2 Bed
|
2 Bath
|
1270 ft²
|
-
2 Bed
2 Bath
1270 ft²
|
-
-
|
-
|
|
06/12/2018
|
2 Bed
|
2 Bath
|
1270 ft²
|
$1,199,000
2 Bed
2 Bath
1270 ft²
|
$1,200,000
+0.08%
07/18/2018
|
Daniel Lemieux
Estate Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017