$1,200,000
●
Condo -
Off Market
727 Esplanade #304
Redondo Beach, CA 90277
2 Beds
2 Baths
1,270 Ft²
$1,814,120
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model
About This Property
Rarely on the market, oceanfront condo in the prestigious Riviera
Shores building. Unobstructed white water ocean views from
Palos Verdes to Malibu, gorgeous harbor/city lights at night, the
waves crashing below, all paired with the sounds of the ocean...
this is all you will see or hear when inside this waterfront 2
bedroom, 2 bathroom condo. Meticulously maintained, original
owner, this unit has never been on the market before. Pride
of ownership, private beach entrance, fireplace, washer & dryer in
unit, jacuzzi and sauna on site, 2 car side-by-side parking
(parking even has an ocean view), storage unit. There are no pets
allowed in this building. The unit is currently being used as
a one bedroom with office, which can be converted to second
bedroom. Watch the whales and dolphins play all day and soak up the
crystal blue ocean!
Unit Size
1,270 Ft²
Days on Market
36 days
Land Size
0.46 acres
Price per sqft
$944
Property Type
Condo
Property Taxes
-
HOA Dues
$552
Year Built
-
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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: 5 months ago (CRMLS #SB18139902)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 21, 2019 | Sold | ||
| Sold | |||
| Dec 22, 2018 | Listed by Vista Sotheby's International Realty | $1,189,000 | |
| Listed by Vista Sotheby's International Realty | |||
| | |||
|
LOCATION! LOCATION! LOCATION! Welcome to this oceanfront condo located in the Riviera Shores building. Admiring the sweeping, unobstructed, white water ocean views from Palos Verdes to Malibu, while listening to the calming sound of the ocean; what else do you need? This condo has 1 bedroom + an additional bonus area that could be used as a den or office, 2 bathrooms, fireplace, & washer & dryer in unit. The building provides a jacuzzi, sauna, storage, 2 car side-by-side parking, & private beach entrance. No pets are allowed in this building.
| |||
| Jul 18, 2018 | Sold | ||
| Sold | |||
| Jun 12, 2018 | Listed by Re/Max Estate Properties | $1,199,000 | |
| Listed by Re/Max Estate Properties | |||
Property Highlights
Parking Available
Garage
Elevator
Fireplace
Parking Details
Has Garage
Parking Features: Assigned, Community Structure, Side By Side
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Breakfast Bar, High Ceilings, Recessed Lighting, Balcony, SeparateFormalDiningRoom, TrashChute, GalleyKitchen
Appliances: Electric Range, Disposal, Trash Compactor
Flooring Type: Carpet
Door Features: Mirrored Closet Door(s), Sliding Doors
Laundry Features: Electric Dryer Hookup, Inside, Stacked
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1270
Security Features: Security Gate, Gated Community, ResidentManager
Architectural Style: Contemporary, Traditional
Year Built Source: Assessor
Year Built: 1974
Waterfront Features: Beach Access, Beach Front, Ocean Access, Ocean Front, OceanSideOfHighway
Levels: One
Pool Features: None
Lot Size Area: 19985
Lot Size Units: Square Feet
Lot Size Acres: 0.459
Lot Size Square Feet: 19985
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Central
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Sauna, Spa/Hot Tub
HOA Fee: $552
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 |
|---|---|---|---|---|---|---|---|
|
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
About South Redondo Beach
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Listed by: Lisa Stott, Re/Max Estate Properties
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SB18139902
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SB18139902
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