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

531 Esplanade 303
Redondo Beach, California 90277
Property Price
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
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
Tulita Elementary School
Grades K-5 • 1.2 mi
Anza Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 982 | 1,290 | 30% |
| Lot Size | 24,174 | 31,695 | 40% |
| Price | $995.0K | $1.03M | 45% |
| Price per sq ft | $1.0K | $847 | 73% |
| Built year | 1974 | 1973 | 50% |
| HOA | $778.0 | $692 | 70% |
| Days on market | 16 | 196 | 3% |
Pricing History
Listed for Sale
Feb 18, 2026
$995,000
Initial Listing

































