531 Esplanade 714, Redondo Beach, California 90277, Redondo Beach, 90277 - 2 bed, 3 bath

531 Esplanade 714, Redondo Beach, California 90277 home-pic-0
ACTIVE$1,750,000
531 Esplanade 714, Redondo Beach, California 90277
2Beds
3Baths
1,246Sqft
24,174Lot
Year Built
1974
Close
-
List price
$1.75M
Original List price
$1.9M
Price/Sqft
$1,404
HOA
$778
Days on market
-
Sold On
-
MLS number
SB25098695
Home ConditionGood
Features
Excellent View: Catalina, City Lights, Neighborhood, Ocean, Water
Deck
ViewCatalina,City Lights,Neighborhood,Ocean,Water

About this home

We found 3 Cons,5 Pros. Rank: price - $1.75M(89th), sqft - 1246(40th), beds - 2(50th), baths - 3(81th).

Welcome to your seaside sanctuary. This rare, 7th-floor oceanfront suite features southwest-facing exposure that provides the closest possible views of the ocean while still maintaining two outdoor patio balconies. This 2-bedroom, 2.5-bath stunner is the ultimate seaside retreat, featuring rich wood floors, a sleek galley kitchen with granite counters, stainless appliances, and an open layout that brings the ocean right into your living space. Step out onto your private balconies to soak in sunsets, spot dolphins, and savor the coastal lifestyle. The inviting second level features new hallway chandelier and lighting, a spacious primary bedroom accompanied by its own en-suite bath, walk-in closet and floor to ceiling sliding doors to access your balcony and capture the amazing ocean views and beautiful sunsets. The guest bedroom with its own bath is also on this level with floor to ceiling glass doors that access the balcony. Two car tandem secure parking in garage & storage for your coastal adventures. Ocean Plaza is a gated community with amenities that include direct access from the garage down to the beach and bike path, an outdoor swimming pool, spa, sauna, exercise gym, a clubhouse and a party/event room. South Redondo renowned beaches, charming shops, and gourmet dining options are just a stroll away. With its prime beachfront location this property offers a rare opportunity for seaside living at its finest.

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-51.4mi
8/10
Towers Elementary School
Public,K-51.5mi
8/10
Victor Elementary School
Public,K-51.6mi
9/10
Seaside Elementary School
Public,K-51.8mi
8/10
Riviera Elementary School
Public,K-52.1mi
8/10
Jefferson Middle School
Public,6-81.9mi
8/10
Bert M. Lynn Middle School
Public,6-81.9mi
7/10
Calle Mayor Middle School
Public,6-82.0mi
8/10
Edward J. Richardson Middle School
Public,6-82.1mi
9/10
West High School
Public,9-121.5mi
9/10
South High School
Public,9-122.2mi

Price History

Date
Event
Price
08/25/25
Price Change
$1,750,000-2.5%
08/03/25
$1,795,000
05/09/25
$1,900,000
05/31/18
Sold
$1,325,000
Condition Rating
Good

This property, built in 1974, has undergone significant and tasteful renovations, making it move-in ready. The description highlights 'rich wood floors,' a 'sleek galley kitchen with granite counters, stainless appliances,' and 'new hallway chandelier and lighting.' The images confirm these updates, showcasing a modern kitchen with subway tile backsplash and contemporary bathrooms with white cabinetry and granite countertops. While the overall aesthetic is very appealing and well-maintained, the kitchen cabinet style, though clean and functional, might not be considered 'virtually new' or 'meeting current quality standards' in the absolute latest design trends compared to a brand new build. Given the extensive updates and modern finishes, it aligns well with the 'Good' category, indicating an extensive renovation likely within the last 5 to 15 years, ensuring minimal wear and tear and functional systems.
Pros & Cons

Pros

Oceanfront Location & Panoramic Views: Unparalleled 7th-floor oceanfront location with southwest-facing exposure, offering stunning panoramic views of the Pacific Ocean, Catalina Island, city lights, and breathtaking sunsets from multiple vantage points and private balconies.
Comprehensive Community Amenities: Located within the gated Ocean Plaza community, residents enjoy a wealth of amenities including direct beach and bike path access, an outdoor swimming pool, spa, sauna, exercise gym, clubhouse, and party/event room.
Modernized Interior & Open Layout: The suite features a sleek galley kitchen with granite counters and stainless appliances, rich wood floors, new lighting, and an open layout designed to maximize ocean views and enhance the living experience.
Private Balconies for Coastal Living: Two private outdoor patio balconies provide exclusive spaces to enjoy the coastal lifestyle, perfect for soaking in sunsets and spotting marine life, accessible from both the main living area and bedrooms.
Excellent Walkability & Local Access: Situated in South Redondo, the property offers convenient direct access to the beach and bike path, and is just a stroll away from renowned beaches, charming shops, and gourmet dining options.

Cons

High Monthly Association Fee: The property carries a substantial monthly association fee of $778, which adds a significant recurring cost to homeownership.
Building Age: Built in 1974, the condominium building is 50 years old, which may raise concerns about potential future maintenance, infrastructure updates, or less modern common areas compared to newer developments.
Recent Price Reduction: The property has undergone a significant price reduction from its original list price of $1.9 million to $1.75 million, which could suggest a longer market time or initial overpricing.

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