615 Esplanade 508, Redondo Beach, California 90277, Redondo Beach, 90277 - 1 bed, 1 bath
615 Esplanade 508
Redondo Beach, California 90277
Property Price
SUMMARY
Analysis of 615 Esplanade 508, Redondo Beach, California 90277 is currently available with a list price of $875,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Although built in 1971, the unit has undergone a comprehensive and high-quality modern renovation within the last few years. It features a contemporary kitchen with white shaker cabinetry, stone countertops, and stainless steel appliances, along with updated wide-plank flooring, recessed lighting, and a fully remodeled bathroom. The property is in turnkey condition with no visible deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
- Prime Coastal Location
Situated on the prestigious Esplanade, this waterfront property offers direct access to the beach and is within walking distance of the Redondo Pier and Hollywood Riviera.
- Ocean Views & Natural Light
The west-facing living room and private deck provide stunning ocean views and abundant natural light throughout the year, epitomizing the Southern California lifestyle.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Dues
The monthly association fee of $645.55 is relatively high for a one-bedroom unit, which may impact the overall affordability for some buyers.
- Compact Living Space
With only 719 square feet and a single bedroom, the property offers limited space, which may not suit those requiring a home office or additional guest room.
About 615 Esplanade 508
Welcome to the Sand Castle, a waterfront coastal property that epitomizes the southern California lifestyle. This ocean view CONDO has been beautifully updated so it's move in ready. One bedroom and 1 bath makes it cozy and the west facing living room and deck gives this one great natural light all year long. Dedicated parking, extra storage, laundry in unit, secure building and more... Step outside and enjoy the sand and surf of one of the best beaches in California. Enjoy a scenic beachfront walk to the shops and restaurants of the Redondo Pier and Hollywood Riviera...
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 31,695 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $645.55 / Month
Neighborhood Insights
Redondo Beach Unified Schools
Alta Vista Elementary School
Grades K-5 • 0.7 mi
Tulita Elementary School
Grades K-5 • 1.1 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 | 719 | 1,290 | 10% |
| Lot Size | 31,695 | 31,695 | 50% |
| Price | $875.0K | $1.03M | 30% |
| Price per sq ft | $1.2K | $847 | 80% |
| Built year | 1971 | 1972 | 48% |
| HOA | $645.55 | $669 | 50% |
| Days on market | 15 | 196 | 3% |
Pricing History
Listed for Sale
Feb 19, 2026
$875,000
Initial Listing
Sold
Dec 1, 2023
$875,000
Public Record
Sold
May 20, 2022
$900,000
Public Record
Sold
Sep 11, 2020
$740,000
Public Record
Sold
Dec 6, 2019
$680,000
Public Record
Sold
Mar 29, 2019
$665,000
Public Record
Sold
Mar 29, 2019
$650,000
Public Record