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531 Esplanade, 713, Redondo Beach, CA 90277

$1.69M2bd · 3ba · 1,246 sqft
Lot 24,174 sqft•HOA $778/mo•Condominium•
Active
•369d on market•MLS# PW-25235038

Property Description

Forever Views, Unmatched Coastal Luxury It’s all about the views—and these are truly forever! Enjoy panoramic vistas of the ocean, sand, sunset, harbor, city, and mountains from this beautifully remodeled 2-bedroom, 2 1/2-bath waterfront condo in the heart of Redondo Beach. Just steps from the sand and surf, this home delivers the ultimate in Southern California coastal living. Step inside to discover a bright, open-concept design that seamlessly connects the living, dining, and kitchen areas to a generous outdoor patio—perfect for entertaining or simply soaking in the spectacular views. The gourmet kitchen features sleek quartz countertops, stainless steel appliances, a wine fridge, and custom cabinetry that perfectly blend style and function. Relax in the inviting living room by the LED fireplace, or open the floor-to-ceiling sliders on both levels to let in the refreshing ocean breeze and natural light. The primary suite offers a spa-inspired bathroom with a luxurious jet tub and walk-in shower, while the guest bedroom includes its own beautifully appointed bath. Additional highlights include two-car tandem parking in a secure garage and convenient storage. Located within the prestigious Ocean Plaza, a gated community offering direct beach and bike path access, pool, spa, sauna, fitness center, clubhouse, and event room—everything you need for resort-style living. Just a short stroll to Redondo’s finest beaches, shops, and gourmet dining, this exceptional home makes every day feel like a vacation.

Features & Amenities

FeeBuilt 1974

Property Details

Land Type
Fee
Year Built
1974
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
2
Garage Spaces
2
Heating
Central
Cooling
None
View
City Lights, Coastline, Harbor, Mountain(s), Ocean, Pier
City
Redondo Beach
Zip Code
90277
County
Los Angeles
Listed byToltec Realty, Robert Thomson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,520.28
Principal & Interest
Loan Amount
$1,348,000
Total Interest
$1,719,300
Total Payment Over 30 Years
$3,067,300
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

Luxury Tier · 5 active · 5 closed

531 Esplanade, 713, Redondo Beach, CA 90277

Redondo Beach · Condominium

$1.69M
Luxury Tier
Beds
2
Baths
3
Sqft
1,246
Lot
24,174 sqft
Year
1974
$/Sqft
$1352
Pool: Yes✓
View: city✓
Garage: 2-car✓

Listed 70.2% above the median closed sale of $990,000. Price per sqft ($1,352) is a 67% premium to closed comps ($810). Closed comps sold at 94% of list — buyers have negotiating leverage. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.69M· $1,352/sqft
Total list price
Closed comps
vs closed median $990K
+$695K (+70.2%)
Active comps
vs active median $1.50M
+$190K (+12.7%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,149
+$203 (+17.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
531 EsplanadeRedondo Beach1974231,24624,174$1,200$1.50M65100
531 EsplanadeRedondo Beach1974231,24624,174$1,344$1.68M13699
535 EsplanadeRedondo Beach1976231,22329,641$1,206$1.48M21793
1108 Camino RealRedondo Beach19712293722,178$694$649,9002988
575 EsplanadeRedondo Beach1974221,53520,046$1,303$2.00M9487
Total: 5 · Average2.02.61,237.424,042.6$1,149.4$1.46M108.2
Median1,246$1.50M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
531 EsplanadeRedondo Beach197410/05/2026231,43424,174$1.40M$1.00M$6970.717996
2112 Warfield AvenueRedondo Beach197509/01/2026221,40422,522$975,000$975,000$6941.003375
625 EsplanadeRedondo Beach197409/28/2026221,66638,704$1.50M$1.38M$8270.924674
615 EsplanadeRedondo Beach197108/12/20261171931,695$849,999$863,000$1,2001.015373
223 Prospect AvenueRedondo Beach198008/19/2026231,56819,376$949,000$990,000$6311.044070
Total: 5 · Average1.82.21,358.227,294.2$1.04M$1.04M$809.8—50.2
Median1,434$990,000$990,000

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.