11 months on rocket

625 Esplanade Unit 4, Redondo Beach, CA, 90277

$1,500,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
759 SqFt
$1,976/SqFt
Condo

Location

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625 Esplanade Unit 4, Redondo Beach$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Controlled Entrance, Garage, Community Structure, Side By Side
Garage2 spaces
Year Built1974
HeatingCentral, Other
CoolingNone
FireplaceLiving Room
ViewOther, Ocean, Water
MLS #SB23226251
Lot Size0.89 Acres
StatusActive

About 625 Esplanade Unit 4

Wake up to the waves and savor the breathtaking Pacific Ocean at this ground-floor 1-bedroom, 1-bathroom condo at 625 Esplanade #4 in Redondo Beach. Nestled right on the shoreline, this condo offers a unique opportunity to live on the Esplanade with unparalleled captivating ocean views and direct beach access. This residence invites you to indulge in the soothing rhythm of the waves and enjoy beachfront activities just a few feet from your door. Conveniently located near Redondo Beach Pier and local amenities, the allure of beachfront living becomes a daily reality for the owner. Brand new sliding glass door and windows in the property invite the ocean breeze into your home and add extra security. The secure building also offers peace of mind and convenience with 2 side-by-side parking spaces in the shared garage (#101 & 102). This is more than a home; it's a retreat to an exclusive coastal paradise. Seize the opportunity to make 625 Esplanade #4 your haven by the sea!

Property Details

Property Features

Property Information:

  • Year Built: 1974
  • Stories: 9
  • Living Area: 759 SqFt

Listing Office:

  • Office Name: Excel Funding Real Estate Services, Inc.
  • Office Phone: (310) 245-5626
  • Listing Agent: Fran Baldwin

Interior Features

Interior Information:

  • Appliances: Dryer, Washer
  • Flooring Type: Carpet, Tile
  • Interior: All Bedrooms Down
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other, Ocean, Water

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: No
  • Parking: Assigned, Controlled Entrance, Garage, Community Structure, Side By Side

Lot Features

Lot Information:

  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Heating: Central, Other
  • Cooling: None

Other

Directions Information:

  • Directions: At Topaz St and Esplanade

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $1,976/SqFt

HOA Fees:

  • Amount: $690
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,829
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Redondo Beach, CA.

Med. Sold Price

$1.4M

Med. Price/SqFt

$800

Avg. Days On Market

52

# of Sold Homes

38

625 Esplanade Unit 4 vs Redondo Beach

349 DAYS ON ROCKET

+297 Days

$1,500,000

+$26.7K More

$1,976/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $26.7K more than the Median Sold Price and $1.1K/SqFt more than other homes in Redondo Beach, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SB23226251

Listing Office:

  • Office Name: Excel Funding Real Estate Services, Inc.
  • Office Phone: (310) 245-5626
  • Listing Agent: Fran Baldwin

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 3:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 19, 1999Home Sold
$350,000
May 11, 1995Home Sold
$225,000
Mar 03, 1994Home Sold
$235,000

Tax History

YEARPROP. TAXASSESSMENT
2021$5,829$496,815
2020$5,718$491,722
2019$5,590$482,081
2018$5,507$472,629
2017$5,507$463,363

History based on county public records data.

Payment Calculator

$8,244

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-3809580
8
/10
  • Alta Vista Elementary School

  • 815 Knob Hill Ave

  • 0.69 miles

  • Public District Grades KG-5

school-card-donut-3809581
10
/10
  • Tulita Elementary School

  • 1520 S Prospect Ave

  • 1.11 miles

  • Public District Grades KG-5

school-card-donut-3809582
7
/10
  • Beryl Heights Elementary School

  • 920 Beryl St

  • 1.43 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $93,432. The most common annual income of people living in Redondo Beach, CA is between $100k-200k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 625 Esplanade Unit 4

What is the listing price of this property?

The listing price of 625 Esplanade Unit 4 property is $1,500,000.

What type of property is this?

The property 625 Esplanade Unit 4 is a condo located in Redondo Beach, California, 90277.

Is this property for sale now?

Active Listing: 625 Esplanade Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $5,829 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 19, 1999 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 625 Esplanade Unit 4 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 625 Esplanade Unit 4 is 759 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 625 Esplanade Unit 4 is 1974.

Rocket HomesCaliforniaLos Angeles CountyRedondo Beach90277625 Esplanade Unit 4

This home is located at 625 Esplanade Unit 4 in Redondo Beach, CA and zip code 90277 in the S. Redondo Beach W. of Pacific Coast Highway neighborhood. This 759 square foot home, which was built in 1974, sits on a 0.89 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 20, 2023 and is currently priced at $1,500,000.

Over 10 listings were sold over their listed price in November 2024 in Redondo Beach, CA. In the same period over 22 listings were sold below the listed price and 6 listings were sold for the listed price. The inventory of homes for sale in Redondo Beach, CA between October 2024 and November 2024 decreased by 6.2%. While the average time on the market in November 2024 was 52 days, the median list price was $1,473,219.

From Rocket Homes Real Estate and based on county public records data.

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