HUGE Sale – Oceanfront Condo at 531 Esplanade Sells at $3.2M
Oceanfront Penthouse Sells for Huge Price
531 Esplanade #916, South Redondo Beach, CA 90277
Sold at $3,200,000
One of the biggest sales of the month in Redondo Beach was actually a 2 bedroom condo with only 1600+ square feet! Showing that it really is all about location, this penthouse condo was on the west side (truly oceanfront) in the Ocean Plaza building at 531 Esplanade.
The home was originally listed in late 2023 for a pretty unheard of price of $3,500,000. The price was reduced to $3,250,000 and after about 3 1/2 months on the market it closed at $3,200,000.
The previous highest price ever was $2,595,000 although the unit at #915 was listed at $3,999,000 at one point (not surprisingly it didn’t sell)
This condo was a penthouse unit situated in the Ocean Plaza builiding which is the tallest in Redondo. Most of the units in the building are on the north or south side so although the views can be impressive, they’re blocked in one direction or the other. That was not the case with unit 916. Situated on the front of the building this was truly beachfront living and every room in the condo has simply stunning ocean views.
Read more about the Ocean Plaza building at 531 Esplanade Redondo Beach.
531 Esplanade Unit#916, Redondo Beach, CA 90277 Basics
- 2 bedrooms
- 3 bathrooms
- 2 levels
- Oceanfront
- 1,627 square feet (BTV)
- HOA $695 monthly
- Originally listed at $3,500,000 & sold at $3,200,000
- Listed by Fran Baldwin – Excel Funding Real Estate Services, Inc. – 310-784-2828
