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$1,100,000

Beds
2
Baths
1.75
sq ft
1,065

555 Esplanade Unit 320, Redondo Beach, CA 90277

555 Esplanade Unit 320

Redondo Beach, CA 90277

  • 17 days on market
    • Open house Dec 22
On the west side of the Esplanade, the ultimate address in Redondo Beach, you will find this move-in ready residence with generous indoor & outdoor space in a coastal setting bordering the beach. This spacious single-level home opens to 2 patios, including 1 that is oceanfront boasting panoramic coastline views stretching from Malibu, the King Harbor Marina, the iconic Redondo Beach pier, out to the ocean, down to Topaz Jetty & the Palos Verdes Peninsula. The formal entry with convenient storage & mirrored doors leads to the open-concept, great room-style living space, ideal for relaxation & entertaining. Your inviting living room is warmed by a gas fireplace & provides an ocean peek & sliding door to the vast west-facing deck. This is the perfect spot for enjoying your morning coffee or savoring a glass of wine while watching the sunset over the ocean. Adjacent to the living room, the dining area features built-ins, a buffet counter, wine fridge & rack, plus sliding door to a secondary private balcony. The remodeled kitchen connects to the dining room by bar seating and is well-equipped with abundant white cabinetry, stone countertops, gleaming white tile backsplash & stainless steel appliances including a dishwasher, range, microwave & refrigerator. Wide-plank flooring, plantation shutters, recessed lighting & fresh white paint enhance the airy, coastal ambiance. A center hall provides convenient side-by-side in-home laundry complete with a washer & dryer. There is a hall bathroom featuring a tranquil rainglass shower enclosure that services both the living space as well as the secondary bedroom. The spacious secondary bedroom offers mirrored closet doors & a Juliette balcony for ocean breezes. Let the waves lull you to sleep in your primary ensuite retreat featuring its own balconette, dual closets, a vanity area with stone counter & vessel sink, plus privacy doors to the dedicated restroom & tub/shower. This secure home includes 2 side-by-side parking spots in the controlled access garage, a modernized entry system, bike storage & direct beach access. Experience the best of the beach lifestyle convenient to the Farmers Market, the Redondo Beach Pier, parks, shops, restaurants & vibrant Riviera Village just moments away. Combining spacious upgraded living with an incredible location, this property offers the ultimate in coastal living. Do not miss your chance to own a piece of paradise in one of Southern California’s most sought-after beach communities.

Details

Property type

Condominium

Est. home value

$1,096,453

Property condition

Updated/Remodeled

Lot size

0.6805 acres

Price per sq ft

$1,033

Year built

1976

Monthly HOA fee

$1,168.71

Price History

12/05/2024
CRMLS

CRMLS #SB24244852

Listed
$1,100,000
+56.03%
10/08/2015
CRMLS

CRMLS #PV15165754

Sold
$705,000

Schools & Community

Elementary school: 

Alta Vista

Middle school: 

Parras

High school: 

Redondo Union

Community features: 

Gated, Street Lights, Sidewalks

High school district: 

Redondo Unified

Number of units in community: 

54

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$578,122
Asking price
$1,100,000
Closing costs (~8% of asking)
-$88,000
Est. remaining loan balance
-$433,878
Cash to seller
$578,122

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

February 2021

Original loan amount

$512,100

Est. remaining balance

$433,878

Interest rate

2.67%

Loan type

New Conventional, 20 year

Seller

Pradeep Sanyal and Blanche Dsouza

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 1:25 AM

Listing updated: 12/21/2024 at 4:50 PM

Listed by: Gabrielle Herendeen, RE/MAX Estate Properties Phone #: (310) 378-7747

MLS: CRMLS #SB24244852

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