535 Esplanade, Redondo Beach, California 90277, Redondo Beach, 90277 - 2 bed, 3 bath
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Redondo Beach, California 90277
This Ocean-View Rooftop Condominium is a premier Value-Add Lifestyle Asset listed at $1,675,000. Positioned at a premium relative to the $1,507,136 Fair Market Value, the valuation is supported by its exclusive 6th-floor Esplanade location and Panoramic Coastal Views. With a Condition Rating of 4, the "as-is" status provides a blank canvas to modernize the soaring ceilings and expansive private deck. Located near Alta Vista Elementary (9/10) and West High School (9/10), this property is ideal for Value-Add Investors or Owner-Occupants seeking a customizable coastal trophy home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 535 Esplanade Subject | $1,675,000* List Price | 2 | 3 | 1,223 | $1,232 | - |
A 575 Esplanade 205 Sold | $1,762,000 | 2 | 2 | 1,502 | $1,173 | 0.1 mi |
B 510 The Village 307 Sold | $1,400,000 | 2 | 2 | 1,458 | $960 | 0.5 mi |
C 565 Esplanade 308 Sold | $1,300,000 | 1 | 1 | 862 | $1,508 | 0.0 mi |
D 240 The 310 Active | $1,375,000 List Price | 2 | 2 | 1,136 | $1,210 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976 and sold 'as-is,' the property is functional but significantly outdated. The kitchen features older wood cabinetry, dated white tile countertops, and basic appliances. Bathrooms and fixtures reflect the original construction era, and the carpeting shows signs of age. While the unit is well-maintained, it requires cosmetic updates and modernization to meet current luxury standards.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Positioned on the prestigious Esplanade, this unit offers breathtaking, unobstructed views of the Pacific Ocean, Catalina Island, and the coastline, significantly maximizing its market value.
The property features rare and expansive outdoor spaces, including a large private deck off the primary suite and multiple balconies, perfectly designed for the South Redondo Beach lifestyle.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1223, other record living area = 1353.
The association fee of $1,264.56 is notably high for a two-bedroom unit, which may deter budget-conscious buyers or impact overall financing qualifications.
Sold in as-is condition and built in 1976, the property likely requires a substantial additional capital investment to modernize the interiors and realize its full luxury potential.
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. This property is being sold AS IS, offering the potential to customize the space to your vision.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 85% |
| Square foot | 1,223 | 1,239.5 | 50% |
| Lot Size | 29,641 | 71,347.5 | 35% |
| Price | $1.68M | $987.5K | 88% |
| Price per sq ft | $1.4K | $806 | 91% |
| Built year | 1976 | 1971 | 71% |
| HOA | $1264.56 | $658 | 94% |
| Days on market | 45 | 192 | 9% |
Mar 8, 2026
$1,675,000
Initial Listing