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615 Esplanade, 512, Redondo Beach, CA 90277

$735K1bd · 1ba · 719 sqft
Lot 31,695 sqft•HOA $710.1/mo•Condominium•
Active
•282d on market•MLS# 00-26632501

Property Description

Enjoy the best of coastal living in this charming 1-bedroom, 1-bath end unit just moments from the sand. The inviting living room features a cozy fireplace and opens to a balcony with peek-a-boo ocean views, perfect for relaxing after a day at the beach. The complex offers direct beach access, controlled-access garage parking with overhead storage, and a prime location close to Redondo Beach's popular shopping, dining, and entertainment. Per HOA rental restrictions apply. HOA does not allow additional rentals until the percentage drops below 25% (currently at 33% rented).

Features & Amenities

FeeBuilt 1971

Property Details

Land Type
Fee
Year Built
1971
Property Type
Residential
Property Subtype
Condominium
Cooling
Gas
View
Ocean, Peek-A-Boo
City
Redondo Beach
Zip Code
90277
County
Los Angeles
Listed byUnknown Office, Tiffany Dalgic

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$3,716.56
Principal & Interest
Loan Amount
$588,000
Total Interest
$749,962
Total Payment Over 30 Years
$1,337,962
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

615 Esplanade, 512, Redondo Beach, CA 90277

Redondo Beach · Condominium

$735K
Affordable Tier
Beds
1
Baths
1
Sqft
719
Lot
31,695 sqft
Year
1971
$/Sqft
$1022
Pool: No✓
Spa: No✓
View: water✓

Listed 12.5% below the median closed sale of $840,000. Price per sqft ($1,022) is a 15% discount to closed comps ($1,205). Expect a longer timeline — comps averaged 274 days on market.

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $735K· $1,022/sqft
Total list price
Closed comps
vs closed median $840K
−$105K (−12.5%)
Active comps
vs active median $725K
+$10K (+1.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,059
−$37 (−3.5%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
538 Avenue ARedondo Beach19681171818,268$904$649,0003091
650 The VillageRedondo Beach1974116190$1,171$725,0008489
721 EsplanadeRedondo Beach19711180017,808$1,244$995,000288
603 Prospect AvenueRedondo Beach197011669147,074$746$499,0008787
660 The VillageRedondo Beach197411619273,029$1,228$760,000486
Total: 5 · Average1.01.0685114,044.75$1,058.6$725,60041.4
Median669$725,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
615 EsplanadeRedondo Beach197108/12/20261171931,695$849,999$863,000$1,2001.015394
615 EsplanadeRedondo Beach197107/16/20261171931,695$799,000$760,000$1,0570.954494
565 EsplanadeRedondo Beach197109/23/20261171725,363$750,000$720,000$1,0040.9616893
625 EsplanadeRedondo Beach197409/10/20261175938,704$1.15M$1.25M$1,6471.0999491
1400 CatalinaRedondo Beach197109/22/20261175314,993$899,000$840,000$1,1160.9310990
Total: 5 · Average1.01.0733.428,490$886,600$886,600$1,204.8—273.6
Median719$840,000$840,000

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.