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535 Esplanade, 601, Redondo Beach, CA 90277

$1.48M2bd · 3ba · 1,223 sqft
Lot 29,641 sqft•HOA $1264.56/mo•Condominium•
Active
•217d on market•MLS# SB-26050178

Property Description

This ocean view rooftop condominium offers an exceptional opportunity to create your ideal coastal home. The primary bedroom opens to a spacious private deck, perfect for enjoying the South Redondo Beach lifestyle, from ocean breezes to stunning sunsets. The entryway leads to an open floor plan with soaring ceilings, a fireplace, and tall sliding doors that connect to a first-floor balcony with ocean views. The main floor also includes a bedroom with its own small balcony and excellent airflow. This secure building provides two parking spaces, additional storage, and elevator access to the sixth floor, shared with only one other unit. Location location!

Features & Amenities

FeeBuilt 1976

Property Details

Land Type
Fee
Year Built
1976
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Fireplace(s)
Cooling
None
View
Catalina, City Lights, Coastline, Ocean, Panoramic, Water
Flooring
Vinyl, Carpet, Tile, Wood
Roof
Spanish Tile
City
Redondo Beach
Zip Code
90277
County
Los Angeles
Listed byKane Commercial Real Estate, April Estes

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$7,458.40
Principal & Interest
Loan Amount
$1,180,000
Total Interest
$1,505,025
Total Payment Over 30 Years
$2,685,025
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

535 Esplanade, 601, Redondo Beach, CA 90277

Redondo Beach · Condominium

$1.48M
Affordable Tier
Beds
2
Baths
3
Sqft
1,223
Lot
29,641 sqft
Year
1976
$/Sqft
$1206
Pool: No✓
Spa: No✓
View: city✓
Garage: 2-car✓

Listed 47.5% above the median closed sale of $1,000,000. Price per sqft ($1,206) 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.

Premium
Subject listed at $1.48M· $1,206/sqft
Total list price
Closed comps
vs closed median $1.00M
+$475K (+47.5%)
Active comps
vs active median $1.50M
−$20K (−1.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,056
+$150 (+14.2%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
531 EsplanadeRedondo Beach1974231,24624,174$1,200$1.50M6597
531 EsplanadeRedondo Beach1974231,24624,174$1,344$1.68M13595
531 EsplanadeRedondo Beach1974231,24624,174$1,352$1.69M36792
1321 Beryl StreetRedondo Beach1975221,19922,638$688$825,0002088
1108 Camino RealRedondo Beach19712293722,178$694$649,9002985
Total: 5 · Average2.02.61,174.823,467.6$1,055.6$1.27M123.2
Median1,246$1.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
615 EsplanadeRedondo Beach197108/07/2026221,21331,695$1.50M$1.45M$1,1950.979493
531 EsplanadeRedondo Beach197410/05/2026231,43424,174$1.40M$1.00M$6970.717993
1108 Camino RealRedondo Beach197106/08/2026331,14522,178$715,000$700,000$6110.984089
727 EsplanadeRedondo Beach197407/07/2026221,41919,990$1.79M$1.82M$1,2841.016387
2414 Grant AvenueRedondo Beach197706/29/2026221,2227,511$849,000$850,000$6961.004686
Total: 5 · Average2.22.41,286.621,109.6$1.16M$1.16M$896.6—64.4
Median1,222$1.00M$1.00M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.