615 Esplanade 512, Redondo Beach, California 90277, Redondo Beach, 90277 - 1 bed, 1 bath
ACTIVE$865,000$719/sqft
615 Esplanade 512, Redondo Beach, California 90277
1Bed
1Bath
719Sqft
31,695Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Top Cons:
Strict Rental Restrictions: Significant HOA rental restrictions are in place, with no new rentals permitted until the percentage drops below 25% (currently at 33%), severely limiting investor potential.
Compared to the nearby listings
Price:$865.0K vs avg $1.16M ($-295,000)31%
Size:719 sqft vs avg 1,290 sqft13%
Price/sqft:$1.2K vs avg $89285%
More Insights
Built in 1971 (55 years old).
Condition: Built in 1971, this unit features hardwood floors throughout the main living areas and bedroom, which are in good condition. However, the kitchen and bathroom are significantly dated. The kitchen has older white flat-panel cabinets, laminate countertops, and a dated ceiling treatment, despite some newer appliances. The bathroom features a very dated tiled countertop, older vanity, and light fixture. While clean and functional, the property requires substantial cosmetic updates in these key areas to meet current aesthetic standards, aligning with a 'fair' condition where major components are functional but show signs of being outdated.
Year Built
1971
Close
-
List price
$865K
Original List price
$865K
Price/Sqft
$1,203
HOA
$645.55
Days on market
-
Sold On
-
MLS number
26632501
Home ConditionFair
Features
Good View: Ocean, Peek-A-Boo
Deck
ViewOcean, Peek-A-Boo
About this home
Enjoy the best of coastal living in this charming 1-bedroom, 1-bath end unit just moments from the sand. The inviting living room features a cozy fireplace and opens to a balcony with peek-a-boo ocean views, perfect for relaxing after a day at the beach. The complex offers direct beach access, controlled-access garage parking with overhead storage, and a prime location close to Redondo Beach's popular shopping, dining, and entertainment. This property is eligible under the First Look Initiative. All Owner Occupant offers will be responded to after 7 days on the market and Investor offers will be responded to after 30 days. However, all offers can be submitted during the First Look period. Per HOA rental restrictions apply. HOA does not allow additional rentals until the percentage drops below 25% (currently at 33% rented).
T
Tiffany Dalgic
Listing Agent
Nearby schools
9/10
Alta Vista Elementary School
Public,•K-5•0.7mi
9/10
Tulita Elementary School
Public,•K-5•1.1mi
9/10
Anza Elementary School
Public,•K-5•1.4mi
8/10
Victor Elementary School
Public,•K-5•1.7mi
8/10
Towers Elementary School
Public,•K-5•1.7mi
9/10
Seaside Elementary School
Public,•K-5•1.7mi
8/10
Riviera Elementary School
Public,•K-5•1.9mi
7/10
Calle Mayor Middle School
Public,•6-8•1.9mi
8/10
Jefferson Middle School
Public,•6-8•1.9mi
8/10
Bert M. Lynn Middle School
Public,•6-8•2.0mi
8/10
Edward J. Richardson Middle School
Public,•6-8•2.0mi
9/10
West High School
Public,•9-12•1.7mi
9/10
South High School
Public,•9-12•2.1mi
Price History
Date
Event
Price
04/01/22
Sold
$850,000
05/02/18
Sold
$635,000
06/30/05
Sold
$520,000
Condition Rating
Fair
Built in 1971, this unit features hardwood floors throughout the main living areas and bedroom, which are in good condition. However, the kitchen and bathroom are significantly dated. The kitchen has older white flat-panel cabinets, laminate countertops, and a dated ceiling treatment, despite some newer appliances. The bathroom features a very dated tiled countertop, older vanity, and light fixture. While clean and functional, the property requires substantial cosmetic updates in these key areas to meet current aesthetic standards, aligning with a 'fair' condition where major components are functional but show signs of being outdated.
Pros & Cons
Pros
Great Schools: Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Direct Beach Access & Coastal Proximity: The property offers direct beach access and is located just moments from the sand, providing an exceptional coastal living experience.
Prime Location for Amenities: Situated in a prime Redondo Beach location, residents benefit from easy access to popular shopping, dining, and entertainment.
Secure Parking & Storage: Includes controlled-access garage parking with valuable overhead storage, enhancing convenience and security for residents.
Charming Interior Features: The unit features a cozy fireplace in the living room and a private balcony with desirable peek-a-boo ocean views, ideal for relaxation.
Owner-Occupant Priority: The property is eligible under the First Look Initiative, prioritizing owner-occupant offers with a quicker response time, making it attractive for primary residents.
Cons
Strict Rental Restrictions: Significant HOA rental restrictions are in place, with no new rentals permitted until the percentage drops below 25% (currently at 33%), severely limiting investor potential.
Compact Living Space: As a 1-bedroom, 1-bath unit spanning 719 sqft, the property offers limited living space, which may not suit all buyer needs or family sizes.
Partial Ocean View: The 'peek-a-boo' ocean view, while present, is not a full or unobstructed panoramic view, which might be a consideration for buyers seeking expansive ocean vistas.