531 Esplanade, 509, Redondo Beach, CA 90277
531 Esplanade, 509, Redondo Beach, CA 90277
Property Description
Panoramic ocean view 2 levels north facing condominium with unobstructed ocean & sunset views from all rooms! Ocean Plaza is one of the most prestigious ocean front condominiums in south Redondo Beach. This unit offers a bright open floor plan with beautiful stone floors, steps, remodeled kitchen with black granite countertops, stainless steel sink, high end appliances including a sub-zero refrigerator, all electric easy clean 4 burner cooktop, stove & microwave. Open floor plan living area has its own bathroom with elegant stone floor entrance. Large ocean view master suite includes an ocean view deck, master bathroom with a double sinks, shower & a huge tub. 2nd ocean view bedroom also shares the ocean view master deck & has its own large remodeled bathroom. Ocean Plaza is a secure building which offers incredible ocean views with direct access to the beach & ocean. Walking distance to Redondo Beach Pier which includes a lively night life with many restaurants, retail shops, pubs & free summer concerts. The Ocean Plaza is one of the tallest condominiums on the Esplanade which offers incredible ocean views! The HOA offers a community kitchen, billiard room, large pool, hot tub, ocean front sun deck & picnic area, large Gym with free weights, treadmills, dry sauna, a huge panoramic ocean view roof top deck & 2 car secure covered parking & storage for this unit. Close to shopping, medical buildings, churches & freeways! Award-winning Redondo Beach schools.Buyer to verify all information.
Features & Amenities
Property Details
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Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Redondo Beach · Condominium
Listed 49.5% above the median closed sale of $1,000,000. Price per sqft ($1,200) is a 34% premium to closed comps ($897). Closed comps sold at 94% of list — buyers have negotiating leverage.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 531 Esplanade | Redondo Beach | 1974 | 2 | 3 | 1,246 | 24,174 | $1,344 | $1.68M | 136 | 95 |
| 531 Esplanade | Redondo Beach | 1974 | 2 | 3 | 1,246 | 24,174 | $1,352 | $1.69M | 368 | 92 |
| 535 Esplanade | Redondo Beach | 1976 | 2 | 3 | 1,223 | 29,641 | $1,206 | $1.48M | 216 | 91 |
| 1321 Beryl Street | Redondo Beach | 1975 | 2 | 2 | 1,199 | 22,638 | $688 | $825,000 | 21 | 86 |
| 575 Esplanade | Redondo Beach | 1974 | 2 | 2 | 1,535 | 20,046 | $1,625 | $2.50M | 8 | 85 |
| Total: 5 · Average | 2.0 | 2.6 | 1,289.8 | 24,134.6 | $1,243 | $1.63M | 149.8 | |||
| Median | 1,246 | $1.68M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 531 Esplanade | Redondo Beach | 1974 | 10/05/2026 | 2 | 3 | 1,434 | 24,174 | $1.40M | $1.00M | $697 | 0.71 | 79 | 92 |
| 615 Esplanade | Redondo Beach | 1971 | 08/07/2026 | 2 | 2 | 1,213 | 31,695 | $1.50M | $1.45M | $1,195 | 0.97 | 94 | 89 |
| 1108 Camino Real | Redondo Beach | 1971 | 06/08/2026 | 3 | 3 | 1,145 | 22,178 | $715,000 | $700,000 | $611 | 0.98 | 40 | 88 |
| 727 Esplanade | Redondo Beach | 1974 | 07/07/2026 | 2 | 2 | 1,419 | 19,990 | $1.79M | $1.82M | $1,284 | 1.01 | 63 | 87 |
| 2414 Grant Avenue | Redondo Beach | 1977 | 06/29/2026 | 2 | 2 | 1,222 | 7,511 | $849,000 | $850,000 | $696 | 1.00 | 46 | 83 |
| Total: 5 · Average | 2.2 | 2.4 | 1,286.6 | 21,109.6 | $1.16M | $1.16M | $896.6 | — | 64.4 | ||||
| Median | 1,222 | $1.00M | $1.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.