420 Esplanade 4, Redondo Beach, California 90277, Redondo Beach, 90277 - 2 bed, 2 bath

420 Esplanade 4, Redondo Beach, California 90277 home-pic-0
ACTIVE$1,598,000
420 Esplanade 4, Redondo Beach, California 90277
2Beds
2Baths
1,800Sqft
23,001Lot
Year Built
1985
Close
-
List price
$1.6M
Original List price
$1.79M
Price/Sqft
$888
HOA
$945
Days on market
-
Sold On
-
MLS number
ML81989229
Home ConditionFair
Features
Excellent View:
Pool
Spa
Patio
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $1.60M(79th), sqft - 1800(83th), beds - 2(50th), baths - 2(50th).

Beach community living at its best. A spacious unit w/ soaring ceilings is luxurious & private. It has 2 lg bdrms + a lg loft that can be used as a 3rd bdrm. Beautiful custom cabinetry & top level appliances. The private patio & garden provide a peaceful space. Beachside living - Just step across the street & put your toes in the sand, sun-bath, enjoy beach walks, a jog, bike ride along the M. Braude Trail to explore South Bay & beyond, volleyball, paddle boarding, surfing & all that our beaches offer. Beautiful Veterans Park is here with picnic tables, fitness course, expansive lawns, childrens playground, & the Thurs. farmers mkt. Just steps to the Redondo Pier where you can enjoy boating, fabulous ocean views, restaurants, & shops. Watch the worlds most beautiful sunsets. Stroll along the promenade, & then retire to your sanctuary, or head to nearby friendly Riviera Village restaurants & shops that will have you feeling like a long-time local in no time. The unit also includes a lg spa tub in the primary en-suite, in-unit laundry room, office nook, & a lg separate storage room. This rare complex boasts a beautiful pool & spa, secure entry, elevator, gated garage, bike storage & exercise rooms, 2 garage spaces w/ storage lockers, & guest parking. Give a call, & come to see!

Nearby schools

9/10
Alta Vista Elementary School
Public,K-50.8mi
9/10
Tulita Elementary School
Public,K-51.2mi
9/10
Anza Elementary School
Public,K-51.3mi
8/10
Towers Elementary School
Public,K-51.4mi
8/10
Victor Elementary School
Public,K-51.5mi
9/10
Seaside Elementary School
Public,K-51.8mi
8/10
Riviera Elementary School
Public,K-52.1mi
8/10
Bert M. Lynn Middle School
Public,6-81.8mi
8/10
Jefferson Middle School
Public,6-81.8mi
7/10
Calle Mayor Middle School
Public,6-82.0mi
8/10
Edward J. Richardson Middle School
Public,6-82.2mi
9/10
West High School
Public,9-121.4mi
9/10
South High School
Public,9-122.2mi

Price History

Date
Event
Price
02/12/20
Sold
$1,050,000
12/11/15
Sold
$930,000
03/10/03
Sold
$505,000
08/29/95
Sold
$265,500
Condition Rating
Fair

Built in 1985, this property is 40 years old. While well-maintained and move-in ready, the kitchen and bathroom styles, including the light wood cabinetry, built-in oven, tile flooring in the kitchen, and the spa tub with its surrounding tiles, appear to reflect renovations from 15-25 years ago. These elements, though functional and clean, show signs of being outdated compared to current trends. Some areas like the hardwood flooring and select light fixtures are more contemporary, but the primary focus areas (kitchen and bathrooms) align more with the 'Fair' criteria of being aged but maintained with major components showing signs of being outdated.
Pros & Cons

Pros

Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Unbeatable Beachfront Location: Positioned directly across from the beach, offering immediate access to sand, ocean activities, the M. Braude Trail, Redondo Pier, and Veterans Park, providing an unparalleled coastal lifestyle.
Expansive & Flexible Living Space: A spacious 1800 sqft unit featuring soaring ceilings, two large bedrooms, and a versatile loft that can easily function as a third bedroom, accommodating various living needs.
Premium Interior Features: The unit boasts beautiful custom cabinetry, top-level appliances, a luxurious spa tub in the primary en-suite, an in-unit laundry room, an office nook, and a large separate storage room.
Comprehensive Complex Amenities: The complex offers a rare suite of amenities including a beautiful pool and spa, secure entry, elevator, gated garage with two dedicated spaces and storage lockers, bike storage, exercise rooms, and guest parking.
Highly-Rated School Access: The property is located within a district providing access to several top-rated elementary and high schools (ratings 8-9), a significant advantage for families.

Cons

Substantial Monthly HOA Dues: The association fee of $945.0 per month is considerably high, adding a significant ongoing cost to ownership that may impact affordability and buyer interest.
Recent Price Reduction: A notable reduction from the original list price of $1,788,000 to $1,598,000 suggests potential market resistance or an initial overvaluation, which could raise questions for prospective buyers.
Building Age & Potential Future Costs: Constructed in 1985, the building is approaching 40 years old. While the unit may be updated, the age of the overall structure and common systems could lead to increased maintenance costs or special assessments in the future.

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