531 Esplanade 303, Redondo Beach, California 90277, Redondo Beach, 90277 - 1 bed, 1 bath

531 Esplanade 303, Redondo Beach, California 90277 home-pic-0

531 Esplanade 303

Redondo Beach, California 90277

ACTIVE
CONDITION: GOOD
1Beds
1Baths
982Sq Ft
24,174Lot Size

Property Price

LIST PRICE$995,000

SUMMARY

Analysis of 531 Esplanade 303, Redondo Beach, California 90277 is currently available with a list price of $995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Redondo Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

Although the property was built in 1974, the unit has been extensively updated to meet modern standards. The kitchen features granite countertops and stainless steel appliances, and the bathroom has been recently renovated. The home is move-in ready with an open-concept layout and updated finishes, showing minimal wear and tear.

PROSSTRENGTHS & OPPORTUNITIES

  • Great Schools

    Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).

  • Prime Oceanfront Location

    Situated directly on the Esplanade with immediate access to the beach and bike path, this unit offers desirable ocean views from both the living area and the primary suite.

  • Comprehensive Resort Amenities

    The Ocean Plaza complex provides a high-end lifestyle with a clubhouse, swimming pool, hot tub, and fitness center, all within a secure gated environment.

CONSRISKS & DEFICIENCIES

  • High Monthly Carrying Costs

    The association fee of $778 per month is significant for a one-bedroom unit and may affect the debt-to-income ratio for some prospective buyers.

  • Tandem Parking Limitation

    While the unit offers two parking spaces, the tandem configuration can be less convenient for multi-driver households compared to side-by-side parking.

About 531 Esplanade 303

Experience refined coastal living at Ocean Plaza in this beautifully updated 1-bedroom, 1-bath condo ideally positioned to capture ocean views and effortless beachside charm. The open-concept living room and kitchen creates a seamless flow, extending out to a spacious ocean-view deck — the perfect setting for morning coffee or unforgettable sunset evenings. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, and ample cabinetry, blending style and function. Upstairs, the generous primary suite offers a private retreat with direct balcony access, ocean views, an updated bath, and an impressive walk-in closet that provides exceptional storage rarely found in a one-bedroom home. Resort-style amenities elevate everyday living and include a clubhouse, sparkling swimming pool, relaxing hot tub, fitness center, and secure gated entry. Two-car tandem parking and additional storage ensure plenty of space for vehicles and all your beach essentials. Enjoy the ultimate convenience of direct access from the garage to the beach and bike path, while being just steps from the beloved Veterans Park and the vibrant weekly Farmers Market. Fine dining, boutique shopping, and coastal charm await just minutes away in Riviera Village. This is beach living at its best — sophisticated, convenient, and truly special.

Property Details

Public Facts

Property Type
Condominium
Year Built
1974
Lot Size
24,174 Sq. Ft.

Interior

Total Bedrooms
1
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$778.0 / Month

Neighborhood Insights

Redondo Beach Unified Schools

Alta Vista Elementary School

Grades K-5 • 0.8 mi

9/10

Tulita Elementary School

Grades K-5 • 1.2 mi

9/10

Anza Elementary School

Grades K-5 • 1.4 mi

9/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds1.02.0
20%
Baths1.02.0
20%
Square foot9821,290
30%
Lot Size24,17431,695
40%
Price$995.0K$1.03M
45%
Price per sq ft$1.0K$847
73%
Built year19741973
50%
HOA$778.0$692
70%
Days on market16196
3%

Pricing History

Listed for Sale

Feb 18, 2026

$995,000

Initial Listing

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