615 Esplanade 508, Redondo Beach, California 90277, Redondo Beach, 90277 - 1 bed, 1 bath
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Redondo Beach, California 90277
This Turnkey Waterfront Condo represents a Prime Investment Opportunity, listed at $875,000—positioned well below the $905,163 Fair Market Value by 3%. This valuation gap offers $30,163 in Instant Equity. Featuring an Excellent Condition Rating, the residence boasts a modern kitchen with stone countertops, wide-plank flooring, and a private ocean-view deck. Located in the Redondo Unified district near Alta Vista Elementary (9/10) and West High School (9/10), it balances financial upside with a premium coastal lifestyle. This is an ideal acquisition for Owner-Occupants or lifestyle-focused buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 615 Esplanade 508 Subject | $875,000* List Price | 1 | 1 | 719 | $1,259 | - |
A 610 #214 The Village Sold | $800,000 | 1 | 1 | 619 | $1,292 | 0.6 mi |
B 615 Esplanade 709 Sold | $1,080,000 | 1 | 1 | 719 | $1,502 | - |
C 615 Esplanade 206 Sold | $900,000 | 1 | 1 | 719 | $1,252 | - |
D 565 Esplanade 312 Active | $850,000 List Price | 1 | 1 | 718 | $1,184 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
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.
The west-facing living room and private deck provide stunning ocean views and abundant natural light throughout the year, epitomizing the Southern California lifestyle.
The monthly association fee of $645.55 is relatively high for a one-bedroom unit, which may impact the overall affordability for some buyers.
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.
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...
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 26% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 719 | 1,160.5 | 15% |
| Lot Size | 31,695 | 71,347.5 | 44% |
| Price | $875.0K | $950.0K | 44% |
| Price per sq ft | $1.2K | $806 | 79% |
| Built year | 1971 | 1971 | 50% |
| HOA | $645.55 | $645 | 50% |
| Days on market | 62 | 192 | 9% |
Feb 19, 2026
$875,000
Initial Listing
Dec 1, 2023
$875,000
Public Record
May 20, 2022
$900,000
Public Record
Sep 11, 2020
$740,000
Public Record
Dec 6, 2019
$680,000
Public Record
Mar 29, 2019
$665,000
Public Record
Mar 29, 2019
$650,000
Public Record